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See how verdicts work2-bedroom semi-detached house · SR8 3FF
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is being offered with a 25% discount from its Open Market Value under an Affordable Housing Scheme.
The property can only be purchased by an eligible applicant who meets the scheme's qualifying criteria.
Buyers are strongly advised to contact us before arranging a viewing to discuss eligibility and obtain further information.
A fantastic opportunity to purchase a well-presented and energy-efficient two-bedroom semi-detached home at a significant discount to its Open Market Value.
Ideally suited to an eligible first-time buyer, young family or qualifying purchaser, this attractive home offers approximately 624 sq ft of spacious and well-planned accommodation, complemented by a good-sized rear garden and driveway providing ample off-street parking.
Internally, the property is modern throughout and briefly comprises an entrance hall, spacious living room, modern kitchen/diner and downstairs WC.
To the first floor are two well-proportioned bedrooms and a contemporary family bathroom.
Externally, there is a low-maintenance rear garden together with a private driveway providing excellent off-street parking.
The property also benefits from an EPC rating of B, making it an energy-efficient home which should help keep household energy costs lower.
Situated in the popular area of Easington, the property is conveniently located for a range of local amenities.
Shopping facilities can be found along Seaside Lane and the High Street, with further supermarkets including Tesco Extra, Asda, Aldi and Lidl available nearby in Peterlee.
The area offers a choice of schools and educational facilities, including Easington Academy, Easington Colliery Primary School and Easington Church of England Primary School, with the property also within the local catchment area for Rosemary Lane Nursery School.
Excellent transport connections are available via the A19, A1086, B1283 and A1(M), with railway services accessible from nearby Seaham and Horden stations.
Please note: This property is subject to an Affordable Housing Scheme and is not available to all purchasers. Eligibility criteria apply.
Please contact Vigeo Property Hub for further information and to establish whether you may qualify before arranging a viewing
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 37, North Hill Close, Peterlee
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