2-bedroom terraced house · SR8 3BH
To rentListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
As you step into this warm and inviting property, you're welcomed by a small entrance hall that opens into a spacious open-plan lounge.
This charming living area features a solid wood internal door, matching woodwork, and a characterful log burner-perfect for cosy evenings.
The lounge flows seamlessly into a generous kitchen/dining area, fitted with a range of light cream wall and base units, integrated electric oven, and a gas hob.
Stylish decorative tiled flooring enhances the space, offering both practicality and appeal.
Off the kitchen, you'll find the ground floor bathroom, fully tiled and fitted with a modern three-piece suite, including an over-bath shower.
The kitchen also provides direct access to the rear communal yard, which has been thoughtfully transformed by the current occupiers into a more private and inviting seating area.
Upstairs, the landing benefits from a window that brings in natural light and leads to two spacious double bedrooms, both finished with high-quality grey fitted carpets.
The master bedroom also boasts built-in wardrobes for added convenience and storage.
Externally, the property is fronted by an open, grassed lawn with steps on both the left and right providing access to the entrance.
To the rear, a large communal yard is shared with neighbouring terraced homes, offering additional outdoor space for residents. Please note the decoration may have changes due to current tenancy.
Living Room 4.826m x 4.1402m - 15'10” x 13'7” Kitchen 4.2164m x 2.5146m - 13'10” x 8'3” Bathroom 2.2098m x 1.5494m - 7'3” x 5'1” Bedroom 4.1148m x 3.5306m - 13'6” x 11'7” Bedroom 2.921m x 3.2512m - 9'7” x 10'8”
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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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
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FAQ
About 3, North Terrace, Peterlee
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