2-bedroom house · DH4 7QW
Listing removedListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented end terrace starter home with two double bedrooms and an extended kitchen...
Bell Estate Agents are pleased to offer this spacious end terraced home situated in this ever popular street within Penshaw.
The property occupies a central position, ideally located for commuting between the A19 dual carriageway and A1(M) leading to Sunderland, Newcastle, Durham City and beyond.
The accommodation comprises entrance hall leading to two well proportioned reception rooms and a fitted extended kitchen with a range of wall/base units.
Moving upstairs there is a landing and two double bedrooms. Externally, the property boasts forecourt to the front elevation and yard to rear with an outbuilding. Viewings are highly recommended.
Houghton-le-Spring is part of the City of Sunderland in the county of Tyne and Wear. It is situated almost equidistant between the cathedral city of Durham and the centre of the City of Sunderland.
The town of Seaham and the North Sea lie about 5 miles to the east.
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
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FAQ
About Best View, Penshaw
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