2-bedroom terraced house · DH4 7AD
Sold STCListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Safe and Secure welcome to the market this Two Bedroom Mid Terraced House in the popular area of Surrey Place, New Herrington.
This spacious home benefits from gas central heating, partial double glazing and yard to rear. Close to local amenities and transport links, the property would suit a wide variety of buyers.
Viewings recommended. Safe and Secure welcome to the market this Two Bedroom Mid Terraced House in the popular area of Surrey Place, New Herrington.
This spacious home benefits from gas central heating, partial double glazing and yard to rear. Close to local amenities and transport links, the property would suit a wide variety of buyers.
Viewings recommended. Entrance hall Double glazed entrance door, staircase to first floor, radiator.
Lounge 12' 1" x 16' 4" (3.70m x 4.99m) Double glazed window to front, wood effect fireplace with marble inset & hearth, radiator.
Dining room 13' 9" x 12' 11" (4.20m x 3.96m) Double glazed window to rear, two built in storage cupboards, radiator.
Kitchen 16' 2" x 4' 11" (4.94m x 1.50m) Two double glazed windows to rear, fitted wall & base units with coordinating work surfaces, 1 1/2 bowl sink unit, built in gas oven and hob, extractor hood, space for washing machine, radiator, double glazed door to rear.
Bathroom White 3 piece suite comprising of a pedestal wash hand basin, low level w.c and a panelled bath with shower over, tiled walls, heated towel rail, double glazed window to rear.
Master bedroom 15' 8" x 18' 2" (4.78m x 5.54m) Two double glazed windows to front, access to loft, two radiators.
Ensuite White 3 piece suite comprising of a pedestal wash hand basin, panelled bath with shower over and low level w.c, heated towel rail.
Bedroom two 9' 1" x 9' 6" (2.79m x 2.91m) Double glazed window to rear, radiator. Rear yard Walled boundaries, outbuilding for storage.
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 9, Surrey Place, Houghton-Le-Spring
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