Auction
Auction date passed
This lot went to auction on 13 October 2026 (11 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
3-bedroom terraced house · SR8 2LL
For saleListed 24 daysAuction 13 Oct · unsold, still listed
Opportunity summary
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About
Auction Commencing on Monday 12th October at 1pm and ending 23 hours later on Tuesday 13th October around 11am with Auction House North East Please register to bid via our website - auctionhouse.co.uk/northeast THREE BED TERRACED HOUSE!
Auction House North East are delighted to offer for sale by auction this three bedroom terraced property, situated within a popular residential area of Peterlee.
The property offers well proportioned accommodation and represents an excellent opportunity for investors, landlords and owner-occupiers alike.
The accommodation briefly comprises an entrance hall, reception room, kitchen and additional ground floor space, with three bedrooms and bathroom facilities arranged over the upper floors.
The property would benefit from refurbishment and modernisation, providing scope for the successful purchaser to improve and update the accommodation to their own requirements.
Once improved, the property should appeal strongly to the local rental and residential market.
Hambledon Place is conveniently positioned within Peterlee, providing access to a range of local amenities, schools, shops and transport links, with the wider North East easily accessible via the surrounding road network.
An attractive opportunity to acquire a three bedroom terraced property with refurbishment potential in an established residential location.
Tenure: Freehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 No. 33 Hambledon Place, Peterlee, Tyne and Wear SR8 2LL
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