2-bedroom semi-detached house · DH4 4PG
Listing removedReduced £45 (−5%) on 1 AugListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented fully refurbished two bedroom semi detached bungalow which is situated on a lovely plot with extensive gardens.
Located in a highly popular estate which is predominantly occupied by bungalows the spacious double fronted accommodation has been fully refurbished and re-designed to incorporate a dormer master bedroom with shower room, new kitchen, bathroom, flooring and decoration throughout.
The property briefly comprises: Ground Floor: entrance hall, lounge, kitchen, 1st bedroom, main bathroom.
There an area for a home office where the new staircase has been installed which was originally the 2nd bedroom.
First Floor: 2nd bedroom with en-suite Externally there is a driveway which gives access to the double garage.
The garden to the rear is very large with patio area and lawns whilst the front garden is enclosed and laid to lawn with shrubs and borders.
The rear garden is currently undergoing landscaping which will be complete in approx 6 weeks. Early internal inspection is strongly recommended to fully appreciate EPC Rating D Council Tax Band B
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Bourn Lea, Houghton Le Spring, County Durham, DH4
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