2-bedroom house · DH9 7TH
Listing removedListed 84 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 a two bedroom terraced property located within Sycamore Terrace, New Kyo.
This property benefits from recent redecoration throughout including newly fitted bathroom, new flooring throughout and on trend décor.
The family home briefly comprises - to the ground floor - entrance hall, modern kitchen with utility room and spacious family lounge, to the first floor are two double bedrooms and family bathroom.
Entrance hall On entering the property through the double glazed upvc door access is granted to the properties entrance way which leads through to the lounge and carpeted staircase provides access to the first floor via carpeted staircase.
Lounge The properties spacious reception room is located to the front of the property and benefits from on trend tones of light greys and grey laminate flooring and white wood work.
The lounge further boasts a large under stair storage cupboard, numerous electrical points and central heating radiator.
Kitchen To the rear of the property is the modern kitchen which boasts a range of wooden wall and base units with complimenting marble effect work surfaces, black vinyl flooring and mosaic splash back tiling.
Space is provided within the kitchen for large fridge freezer, cooker and plumbing for washing machine. The kitchen provides access to the properties rear yard.
Utility room This family home benefits from a utility room adjacent to the properties kitchen.
The utility room houses the properties combi-boiler and provides further storage and space for kitchen appliances.
Landing The landing provides access to the properties two spacious bedrooms, family bathroom and loft hatch.
Master bedroom Located to the rear of the property is the first of the family homes double bedrooms.
This bedroom is decorated in light grey tones with newly fitted dark grey carpet and white wood work, central heating radiator and numerous electrical points are included, a large double glazed window allows an abundance of natural light into the already bright space.
Bedroom two The second bedroom lies to the front elevation and is decorated to same high level showcased throughout the family home.
The second bedroom will easily accommodate a double bed and various bedroom furnishings, and further benefits from large storage cupboard perfect for use as a wardrobe.
Bathroom The bathroom has recently been refurbished and boasts a contemporary design featuring wash basin with underneath vanity unit, wc and paneled bath with overhead electric shower and glass shower screen.
The bathroom is tiled throughout and benefits central heating radiator and frosted glass windows.
External Externally the property benefits from an enclosed rear yard, to the front of the property are on street parking.
Costs • Monthly Rent: £575 pcm • Security Deposit: £575 • Holding Deposit: £132.69 • 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 home owner 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.
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
Agent & docs
FAQ
About 18, Sycamore Terrace, Stanley
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