2-bedroom semi-detached house · SR8 1HX
Listing removedListed 109 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Listing Reference: 40669256 This property boasts a welcoming entrance hallway, spacious living room, open plan kitchen diner, two bedrooms, rear garden, and will be refreshed throughout.
Useful information: - Integrated oven and hobs - Gas central heating - Double glazing throughout - On street parking - EPC Rating (D) - Council Tax Band (A) - Rent: £675 pcm - Deposit: £675 - No deposit option available - Length of tenancy: Minimum 2 months - Tenancy type: Periodic - In person viewing recommended before application; if not possible, please mention this when enquiring - Affordability checks apply (benefits considered, all income types are treated equally) - Household income must exceed £24300 per annum No deposit option available Reposit is an alternative to a traditional tenancy deposit, allowing eligible applicants to pay a small non-refundable fee instead of a typically much larger upfront deposit.
Please enquire for full details and eligibility. This house will make an ideal home for small families and couples, with all applicants considered.
You will enjoy the advantages of renting with a professional landlord that provides high standards of homes and customer service for residents across the UK.
Email us to enquire and we will be in touch to arrange a viewing.
Location Highlights Amenities & Community Located in Peterlee, this property benefits from convenient access to local shops, supermarkets, cafés, takeaways and everyday amenities.
Castle Dene Shopping Centre is within easy reach, offering a range of retail, leisure and dining facilities.
Transport The property enjoys excellent transport links via the nearby A19, providing convenient access to Sunderland, Durham, Hartlepool and Middlesbrough.
Regular local bus services operate throughout Peterlee and the surrounding County Durham area.
Doctors & Dentists Residents have access to local GP surgeries, dental practices, pharmacies and healthcare services nearby.
Peterlee Community Hospital is within easy reach, providing a range of healthcare facilities.
Schools A number of primary and secondary schools serve the local area, making the property well suited to families. Prospective tenants should verify school catchment eligibility directly.
Lifestyle & Landmarks The property is close to local parks, recreation grounds and leisure facilities.
The Durham Heritage Coast, Hawthorn Dene and nearby beaches are within easy reach, offering excellent outdoor and coastal leisure opportunities.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 Welland Close, Peterlee, SR8 1HX
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