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See how verdicts work2-bedroom house · DH7 0JB
For saleReduced £15k (−7.3%) on 19 SepListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sylvester Properties are thrilled to welcome to present to the sales market this immaculately presented two bedroom end of terrace home on the ever popular Victoria Terrace; within walking village of the desirable village of Lanchester.
This renovated home comprises; a lounge, kitchen / diner and utility room to the ground floor as well as two double bedrooms and a family bathroom to the first floor.
Externally, there is a rear garden and off road parking space. Lounge The lounge is well appointed, with oak effect flooring and neutral walls.
A feature log burning fire with brick surround completes the space. Kitchen The newly installed kitchen comes complete with ample pale green wall and base units topped with oak work benches.
This kitchen comes with an integrated oven, touch screen hob, wine cooler and space for a washing machine. Decorated with tiled floors, white walls and beige tiled splash back.
Utility Room The utility room comes complete with electric, ideal to house a dryer, as well as patterned floor and white and baby blue walls.
Master Bedroom The master bedroom overlooks the front elevation, able to house a super king sized bed with ease alongside other furnishings. Decorated with dark brown carpets and neutral walls.
Bedroom Two Bedroom two is another double bedroom, complete with navy feature paneling, grey carpets and white walls.
Bathroom The bathroom is complete with a three piece white suite comprising of a WC, wash basin and bath with overhead shower. Complete with grey tiled walls and herringbone effect flooring.
External Externally, there is a cozy courtyard to the rear of the home, as well as a space suitable for off road parking.
Important note to purchasers/tenants Making an Offer All offers must be supported with: A mortgage Agreement in Principle (if applicable) Proof of deposit and/or available funds Full details of your buying chain, including estate agents and solicitors Under Money Laundering Regulations, we must also see proof of id for all buyers before we can issue an offer acceptance letter or instruct solicitors.
Important Information We aim to provide accurate property details, but they do not form part of any offer or contract. Services and appliances have not been tested.
Photos, measurements, and floor plans are for guidance only and may not be exact. If you need clarification on anything, please contact us-especially if travelling a long distance to view.
For Buyers Any fixtures and fittings not listed should be confirmed with the seller directly. For Tenants Most properties have a minimum tenancy term-please ask the branch for details.
A security deposit of at least one month’s rent is required. Rent is paid monthly in advance. Tenants must insure their own belongings.
Tenants are usually responsible for all utility bills and Council Tax.
Referral Fees In accordance with the Estate Agents’ (Provision of Information) Regulations 1991 and the Consumer Protection from Unfair Trading Regulations 2008, we are required to inform you that we may receive referral fees for services offered to sellers and purchasers.
These may include: Conveyancing: We may receive an average referral fee of £120.00 inv VAT. Surveying services: We may receive an average referral fee of £120.00 inc VAT.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About 8, Victoria Terrace, Lanchester
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