2-bedroom flat · SR8 3JU
No longer listedListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom upper floor flat offers a comfortable and practical living space, ideally suited to first-time renters, couples or small family.
Thoughtfully arranged throughout, the property benefits from a spacious layout, neutral décor and plenty of natural light.
Upon entering, stairs lead to the upper floor, where a generous landing provides access to all rooms and creates a welcoming sense of space.
The bright and comfortable living room features fitted carpeting and a large window, allowing an abundance of natural light to fill the room and creating a pleasant space to relax and unwind.
The kitchen is well-appointed with a range of fitted wall and base units, together with space for a small dining table, making it both functional and sociable.
The property also benefits from a spacious four-piece bathroom suite and two well-proportioned bedrooms, offering flexibility for family living, guests or a home office.
Situated above a commercial premises on Glebe Crescent, the property enjoys excellent access to a range of local amenities, including schools, shops and regular bus routes.
Its convenient location makes this an attractive opportunity for those seeking well-connected and affordable accommodation in Easington.
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 4a, Glebe Crescent, Peterlee
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