2-bedroom house · DH9 8EW
Listing removedListed 105 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sylvester Properties are pleased to welcome to the rental market this two bed mid terraced within Catchgate.
Sylvester Properties are delighted to welcome to the rental market this stone built two bedroom mid terraced property located on Hilda Street, Catchgate.This property briefly comprises; to the ground floor, a spacious lounge, and kitchen / diner.
To the first floor are two double bedrooms and a family bathroom. Externally, this property boasts an enclosed front garden as well as a rear yard.
Lounge The lounge is decorated in a neutral colour palette boasting clean white walls and grey carpets.
The main focal point of this space is a traditional fireplace complete with white surround and hearth. A centrally heated radiator and double glazed window are included.
Kitchen / diner The kitchen / diner benefits from a combination of red and black wall and base units topped with granite effect work benches.
The kitchen comes complete with an integrated oven, hob and overhead extractor fan. Decorated with grey flooring, white walls and black splash back.
To the first floor Landing The landing provides access to two bedrooms and a family bathroom.
Master bedroom The master bedroom is decorated white walls as well as red carpets.This bedroom can comfortably fit a double bed if required as well as various other bedroom furnishings.
An integrated storage cupboard. Bedroom two The second bedroom is decorated in neutral tones with light grey oak effect laminate flooring and crisp white walls.
This bedroom can also fit a double bed if desired. A centrally hearted radiator, various electrical points and a double glazed window are included.
Costs • Monthly Rent: £595PCM • Security Deposit: £595 • Holding Deposit: £137.30 • Council Tax Band: A Referencing and credit checks A holding deposit equivalent to one week’s rent is required at the start of the application process.
For successful applicants, this holding deposit will be deducted from the first month’s rent or the security deposit, subject to agreement with the payee.
In accordance with the Tenant Fees Act 2019, the holding deposit may become non-refundable if you fail the referencing or credit checks, provide false or misleading information, or do not disclose a County Court Judgment (ccj) or Individual Voluntary Arrangement (iva) on your application form or that of a nominated guarantor.
Please note that up to 15 days may be required to complete all checks. If you have any concerns regarding the referencing process, you should contact a member of our team before making payment.
Affordability requirements Tenant Income To pass the affordability assessment, the combined minimum annual income must equal at least 2.5 times the annual rent.
Example: £675 pcm × 12 = £8,100 per year × 2.5 = £20,250 minimum income. This income may be combined between applicants in a joint tenancy.
Guarantor Income A homeowner guarantor must have a minimum annual income of at least 3 times the annual rent. Example: £675 pcm × 12 = £8,100 per year × 3 = £24,300 minimum income.
Alternatively, a guarantor may qualify by holding savings or pension funds equal to or greater than this amount. Tenants must insure their own belongings.
Tenants are usually responsible for all utility bills and Council Tax. Bathroom The bathroom contains a two piece white suite comprising of WC with duel flush and wash basin.
A shower unit can also be located here complete with glass shower screen. Decorated with fully tiled walls and dark vinyl flooring.
External Externally, this property boasts a large grassed front garden as well as a rear yard.
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 11, Hilda Street, County Durham
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