3-bedroom house · DH3 2JL
Sold STCReduced £5k (−4%) on 18 SepListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Keyhole Residential are delighted to welcome to the sale market this well presented three bedroom terrace home situated in the popular location of Penshaw View, Birtley.
A modern and spacious home presented to the sale market in truly beautiful condition.
This property blends contemporary upgrades with warm, comfortable living spaces - ideal for first time buyers, families, or anyone seeking a stylish move in ready home close to excellent transport links.
Perfectly positioned within walking distance of local amenities and schools, and just a short drive to the A1, this home offers superb convenience for commuting around the region.
The property features a newly installed modern shower room, a bright open plan kitchen/diner, and a cosy living area enhanced by a multifuel log burner - a standout feature that brings charm and warmth to the home.
Additional benefits include a garage, providing secure parking and storage. Full Description Entrance Hallway Double glazed composite door, radiator, stairs to first floor, laminate flooring.
Lounge Double glazed window, coving, ceiling rose, multi-fuel log burner, laminate flooring.
(Room Size: 3.61m x 4.52m) Kitchen/Dining Room Kitchen – Newly installed roof, two double glazed windows, fitted wall and base units, roll top work surfaces, stainless steel sink unit with mixer tap, integrated electric hob with extractor, integrated electric oven, plumbed for washing machine, laminate flooring.
Dining Area - Double glazed window, radiator, laminate flooring.
(Room Size: 5.91m x 3.61m) Shower Room & WC Double glazed window, low level WC, wash hand basin in storage unit, feature towel rail radiator, double shower, fully cladded walls, lvt flooring.
First Floor Landing Carpet flooring, loft access. Bedroom One Double glazed window, radiator, carpet flooring. (Room Size: 3.47m x 5.60m) Bedroom Two Double glazed window, radiator, laminate flooring.
(Room Size: 3.45m x 2.82m) Bedroom Three Double glazed window, radiator, carpet flooring. (Room Size: 2.80m x 2.35m) Garage Newly installed roof, up and over door, power and light.
On Street Parking Freehold Property EPC Rating: Awaiting EPC Council Tax Band: A
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 31, Penshaw View, Birtley
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