3-bedroom semi-detached house · DH7 0QB
For saleReduced £10k (−5.3%) on 23 SepListed 72 days
Opportunity summary
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About
Summary Pattinson Estate Agents are pleased to welcome to the market this well-presented three-bedroom semi-detached family home, situated within the sought-after village of Lanchester.
Offering spacious accommodation throughout, a modern kitchen and bathroom, driveway, garage, south-facing rear garden and open views to the front, this property is likely to appeal to a range of buyers including families and professionals seeking a village location with excellent local amenities and well-regarded schools.
The accommodation briefly comprises an entrance hallway leading to a generous lounge positioned to the rear of the property, overlooking the garden and featuring a contemporary decorative finish with a focal fireplace incorporating a timber mantel and multi-fuel style stove.
The modern kitchen/dining room extends the full depth of the property and is fitted with a range of high gloss wall and base units, wood-effect work surfaces, contrasting tiled splashbacks and space for a range-style cooker, providing ample room for family dining and everyday living.
To the first floor are three well-proportioned bedrooms, all offering good natural light, with the principal bedroom enjoying attractive open views across the surrounding countryside.
Completing the accommodation is a modern family bathroom fitted with a white three-piece suite including panelled bath with glazed shower screen, pedestal wash hand basin and WC.
Externally, the property benefits from gardens to both the front and rear.
The south-facing rear garden offers a patio seating area and mature planting, providing an ideal space for outdoor dining and entertaining.
To the front is a further garden together with a driveway providing off-street parking and access to the attached garage. The elevated position also enjoys attractive far-reaching views to the front.
Meadow Way is situated within the popular village of Lanchester, offering a wide range of local amenities including independent shops, cafs, restaurants, supermarkets and healthcare facilities.
The village is well known for its highly regarded primary and secondary schools and provides excellent transport links to Durham City, Consett, Newcastle and the surrounding areas.
The surrounding countryside also offers a variety of walking and cycling routes, making the location ideal for those seeking village living with convenient commuter access.
Council Tax Band: C Tenure: Freehold Entrance Hall (1.6m x 1.8m) Composite entrance door, staircase leading to the first floor and access to the principal ground floor accommodation.
Lounge (4.6m x 3.4m) A spacious reception room overlooking the rear garden via a large picture window.
Finished in neutral dcor with fitted carpet, the room features a contemporary fireplace with timber beam mantel and inset multi-fuel style stove creating an attractive focal point.
Ample space is available for lounge furnishings.
Kitchen / Dining Room (6.3m x 2.4m) A modern fitted kitchen incorporating a range of high gloss wall and base units with wood-effect work surfaces and contrasting green tiled splashbacks.
Fitted with an inset sink unit, space for a range-style cooker with extractor canopy above and further appliance space.
The room provides ample dining space and enjoys pleasant views to the front over the surrounding area. First Floor Landing (2.8m x 0.9m) Providing access to all first-floor rooms. Loft Access.
Bedroom One (3.5m x 3.5m) A generous double bedroom positioned to the front elevation with fitted wardrobes and attractive open views across the surrounding countryside. Finished with fitted carpet.
Bedroom Two (3.6m x 2.5m) A further double bedroom overlooking the front garden with space for freestanding bedroom furniture.
Bedroom Three (2.5m x 2.5m) A well-proportioned third bedroom, suitable for use as a child's bedroom, guest room or home office.
Family Bathroom (3.5m x 1.4m) Fitted with a modern white three-piece suite comprising panelled bath with glazed shower screen and shower over, pedestal wash hand basin and low-level WC.
Complemented by contemporary wall panelling, storage cupboard, wood-effect flooring and a frosted window providing natural light.
Externally To the front of the property is a garden together with a driveway providing off-street parking and access to the attached garage.
The elevated position benefits from attractive open views across the surrounding countryside.
The enclosed south-facing rear garden has been designed for ease of maintenance and includes a paved patio seating area, mature planting and lawn, providing an ideal outdoor space for entertaining and family use.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 8, Meadow Way, Durham
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