2-bedroom house · SR8 2DL
Listing removedReduced £3k (−2.7%) on 23 JunListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming Nottingham Place, Peterlee, this stunning terraced house presents an excellent opportunity for both first-time buyers and those seeking a delightful home.
Boasting two well-proportioned bedrooms, this property offers the potential for conversion into a three-bedroom residence, making it a versatile choice for growing families or those in need of extra space.
The house features three inviting reception rooms, providing ample space for relaxation and entertainment.
The modern decor throughout enhances the property's appeal, creating a warm and welcoming atmosphere. The bathroom is well-appointed, ensuring comfort and convenience for residents.
One of the standout features of this property is the newly installed driveway, which accommodates two vehicles, a rare find in many urban settings.
Additionally, the new windows not only improve the aesthetic of the home but also contribute to energy efficiency and security.
Situated in a prime location, this home is conveniently close to local schools, shops, parks, and recreational play areas, making it ideal for families and individuals alike.
The surrounding community offers a vibrant lifestyle, with plenty of amenities within easy reach.
In summary, this terraced house in Nottingham Place is a remarkable find, combining modern living with the potential for further development.
With its excellent location and appealing features, it is a property that should not be missed.
Value & comps
No previous sales on record.
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 asking
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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 12, Nottingham Place, Peterlee
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