3-bedroom detached house · SR8 1PU
Sold STCListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the sought-after area of Oakerside, Peterlee, this well-maintained three-bedroom detached bungalow on Appleby Way presents an excellent opportunity for those seeking a comfortable and convenient home.
The property boasts a large open plan reception room, providing ample space for relaxation and entertaining guests.
This charming bungalow comes with huge potential both aesthetically and structurally, with huge extension potential on offer, & its versatile layout, knocking walls out and opening it up would be a breeze.
The heart of the home is undoubtedly the modern granite kitchen, which comes equipped with integrated appliances, making it a delight for any cooking enthusiast.
The three well-proportioned bedrooms offer a peaceful retreat, while the bathroom is conveniently located to serve the household.
One of the standout features of this bungalow is the large rear garden, perfect for outdoor activities or simply enjoying the fresh air.
Additionally, the property benefits from a double drive and a garage, providing parking for up to three vehicles, which is a rare find in this area.
Situated close to the A19, this home offers excellent transport links for commuting and is within easy reach of local shopping centres, ensuring that all your daily needs are met.
The property is to be sold with no chain, allowing for a smooth and straightforward purchase process.
This bungalow is an ideal choice for families, retirees, or anyone looking for a peaceful yet accessible living environment. Do not miss the chance to make this delightful property your new home.
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
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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
Agent & docs
FAQ
About Appleby Way, Peterlee
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