2-bedroom house · DH2 1SE
Listing removedListed 214 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Copeland Residential are pleased to offer this two bedroom flat in the popular village of Urpeth Grange.
It offers great access routes via the a693, as well as being a short distance from the a1 meaning it's conveniently located for travel into Durham and Newcastle.
The property benefits from a good sized lounge, kitchen, two double bedrooms, and a fully fitted bathroom. There is a private front garden with parking bays.
The property is available now and ready to move-in. Property description Enter stairwell via a double glazed door Landing, double paneled radiator, heating thermostat and smoke alarm Lounge.
12'6 x 12'2. Double glazed window to front, radiator, carpet to flooring, TV & telephone points and storage cupboard housing Baxi combi boiler. Kitchen. 8' x 6'9.
Double glazed window to rear, range of wall and base units, tiled walls, electric hob and oven, plumbed for washing machine, space for fridge freezer and tiled flooring Bedroom 1.12'10 x 10'6.
Double glazed window to front, radiator and telephone point Bedroom 2. 10'0 x 9'10. Double glazed window to rear, radiator and storage cupboard Bathroom. 6'8 x 6'5.
Double glazed window to rear, Bath with dual-head shower over, tiled floor, hand wash basin, W/c, radiator and part tiled walls. Externally. There's a small garden to front and parking area.
Holding fee: £137.00 Bond: £600.00
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.
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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
FAQ
About 86 Wensley Close, Chester Le Street
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