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See how verdicts work3-bedroom house · SR8 2EZ
For saleReduced £10k (−13.3%) on 23 OctListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular residential area of Warwick Place, Peterlee, this spacious three-bedroom mid-terrace home presents an excellent opportunity for buyers looking to create a property tailored to their own taste and style.
Offered to the market with no onward chain, the property provides a straightforward purchase process and is perfect for first-time buyers, growing families or investors seeking a home with fantastic potential.
The accommodation offers generous living space throughout, with a well-proportioned layout that is ideal for modern family life.
Whilst the property would benefit from a programme of updating and modernisation, it provides a fantastic blank canvas for those looking to add value and transform it into a beautiful long-term home.
Upstairs, there are three good-sized bedrooms, offering flexible accommodation for families, home working or guest space, together with a family bathroom.
The property also benefits from double glazing, helping to provide comfort and efficiency all year round.
Externally, the home continues to impress with the added advantage of a garage and an allocated parking space, providing secure parking, additional storage and everyday convenience.
The surrounding area is well established and popular with families, with local schools, shops, transport links and everyday amenities all within easy reach.
Whether you're searching for your first home, your next family property or an investment with scope to improve, this home offers an exciting opportunity to put your own stamp on a property in a sought-after location.
With its generous accommodation, practical outside space and excellent potential, early viewing is highly recommended to fully appreciate everything this property has to offer.
Kitchen 3m x 3.46m - 9'10” x 11'4” White wall and base units, four ring gas hob, electric oven, tile splash backs, coving to the ceiling, double glazed window to the rear elevation, double glazed door leading out to the rear garden .
Lounge/Dining Room 3.06m x 7m - 10'0” x 22'12” Double glazed window to the front elevation, ceiling rose, double glazed window to the rear elevation, warm air heating, coving to the ceiling .
Reception Hallway Two storage cupboards, door leading through to the down stairs w.c, stairs leading to the first floor . Cloaks/Wc Low level w.c, sink unit with stainless steel mixer taps.
Bedroom One 3.06m x 4.17m - 10'0” x 13'8” Double glazed window, warm air heating system . Bedroom Two 3.05m x 2.81m - 10'0” x 9'3” Double glazed window, built in wardrobe, warm air heating system.
Bedroom Three 3.05m x 2.47m - 10'0” x 8'1” Double glazed window, warm air heating system .
Bathroom 3.03m x 3.5m - 9'11” x 11'6” Four piece suite comprising of a low level w.c, pedestal wash hand basin with stainless steel mixer taps, panelled bath with stainless steel mixer taps, enclosed shower area, double glazed window .
Outside To the rear of the property is a low maintained garden area which is partly laid to lawn and partly paved, leading up some steps is the parking space and garage .
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.
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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
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FAQ
About 5, Warwick Place, Peterlee
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