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See how verdicts work3-bedroom house · SR8 3QW
Under offerListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Turnkey Investment Opportunity | 560 pcm | Long-term family tenant (circa 11 years) | Coastal Location Pattinson Estate Agents are pleased to present to the sales market this excellent turnkey investment opportunity, situated on the rarely available Office Street in Easington, County Durham.
Sold with a sitting tenant only, the property generates an immediate rental income of 560 pcm, equating to an attractive 6.7% annual rental yield.
The property benefits from a long-standing family tenant of approximately 11 years, with a flawless payment historyno rent arrears or missed paymentsproviding a secure and dependable income stream from completion.
This is a true hands-off investment, with the property having been exceptionally well cared for by the current tenants, offering landlords peace of mind and minimal ongoing input.
Positioned in a desirable coastal setting, the property enjoys sea views and is within walking distance of Easington Beach and the scenic Hawthorn Dene, supporting strong and consistent tenant demand.
Forming part of a rare-to-market terrace of larger-style homes, the property offers generous room proportions throughout, making it particularly appealing within the rental market.
Internally, the accommodation comprises an entrance hallway leading to two spacious reception rooms, offering flexible living space.
The kitchen is fitted with a range of units, providing ample storage and worktop space.
To the first floor, there are three well-proportioned bedrooms along with a family bathroom featuring a bath with overhead shower, wash basin, and WC.
Externally, the property benefits from a larger-than-average front garden, mainly laid to lawn with a seating area, as well as a fully enclosed rear yard with outhouse, enhancing practicality for tenants.
Well positioned for access to local amenities and transport links, this property represents a low-risk, income-producing asset with a proven tenancy already in place.
Early enquiry is highly recommended to secure this stable, well-maintained, and income-generating addition to any investment portfolio. Council Tax Band: A Tenure: Freehold
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 13, Office Street, Peterlee
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