3-bedroom house · SR8 1QP
Listing removedReduced £15k (−5.5%) on 21 JunListed 438 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents welcome for sale this impressive three-bedrooms detached property situated on Balmoral Drive, Peterlee.
*walk through video tour available* The property briefly comprises : Hallway, living room, dining area, kitchen, garden room and downstairs W/C are located on the ground floor.
Three bedrooms, en-suite and a family bathroom located on the first floor. Externally the property offers a grassed area, garage and a double driveway to the front elevation.
Fully enclosed, well presented and low maintenance garden to the rear elevation.
With its desirable location, overall condition, and attractive features, this property is an excellent choice for those seeking a comfortable and well-equipped home.
Don't miss the opportunity to make this property your own. For any further information or to book your internal viewing please call Pattinson.
Council Tax Band: D Tenure: Freehold External Front Grassed area, double driveway and a garage to the front elevation Entrance Way (1.6m x 1.2m) Access via composite door, radiator and laminate flooring.
Living Room (5.9m x 3.5m) Double glazed window to the front elevation, tv point, electric fire, radiator and carpet.
Dining Room (3.9m x 3.3m) Patio doors leading to the garden room, radiator and carpet.
W/C (2.8m x 0.8m) Two piece suite comprising; low level w/c, wash basin with stainless steel taps, radiator and laminate flooring.
Kitchen (3.2m x 2.8m) Double glazed window to the rear elevation, range of wall and base units with work surfaces, storage cupboard, sink and drainer unit, radiator, built in electric hob, oven, microwave, fridge, freezer, laminate flooring and a composite door leading to the garden.
Garden Room (3.5m x 2.6m) Patio door leading to the garden, tv point, radiator and laminate flooring. Landing (4.4m x 1.8m) Access to the loft, storage cupboard and carpet.
Bedroom 1 (3.6m x 2.9m) Double glazed window to the rear elevation, built in wardrobe, radiator and carpet.
En-Suite (1.9m x 1.7m) Double glazed windows to the rear elevation, three piece suite comprising; low level w/c, wash basin with stainless steel mixer tap, walk in shower, radiator, partly tiled walls and laminate flooring.
Bedroom 2 (3.6m x 3.3m) Double glazed window to the front elevation, built in wardrobes, radiator and laminate flooring.
Bedroom 3 (3.0m x 2.5m) Double glazed window to the front elevation, built in wardrobe, radiator and carpet.
Bathroom (2.0m x 1.7m) Double glazed windows to the sider elevation, three piece suite comprising; low level w/c, wash basin with stainless steel taps, bath with stainless steel taps, radiator, partly tiled walls and laminate flooring.
External Rear Fully enclosed, well presented and low maintenance garden to the rear elevation.
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
Agent & docs
FAQ
About 2, Balmoral Drive, Peterlee
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