2-bedroom terraced house · TS28 5BB
Sold STCListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Venture Properties are delighted to offer for sale this sensibly priced terraced home which would be ideal for both first time buyers and buy to let investors, with potential rental income up to £600 PCM.
The floor plan comprises of an entrance porch, kitchen with space to dine, living room with media wall and a conservatory.
To the first floor is a generous main bedroom, further well proportioned bedroom with built in storage, bathroom and loft space.
The property comes with combi gas central heating and UPVC double glazing. Externally there is an enclosed yard and a large lawned garden with off street parking.
In a central position within the village of Wingate, a wide range of local amenities are available within walking distance and there are also good road links for commuting.
Ground Floor - Entrance Porch - 2.50 x 1.54 (8'2" x 5'0") - Entered via UPVC door. Having UPVC double glazed windows, tiled flooring and a door to the kitchen.
Kitchen - 4.49 x 3.85 (14'8" x 12'7") - Fitted with a range of units having contrasting worktops incorporating a stainless steel sink and drainer unit with mixer tap, a built in stainless steel oven and hob with extractor over, plumbing for a washing machine and tumble dryer space.
Further features include a UPVC double glazed window to the rear, tiled flooring, radiator and arch to the living room. Having ample space for a dining table.
Living Room - 4.49 x 4.30 (14'8" x 14'1") - With UPVC double glazed french doors to the conservatory, a media wall with feature lighting, stairs leading to the first floor and tiled flooring.
Conservatory - 3.80 x 3.37 (12'5" x 11'0") - Having UPVC double glazed windows, laminate flooring and UPVC double glazed french doors opening to the garden.
First Floor - Landing - With access to the loft space.
Bedroom One - 3.90 x 3.05 (12'9" x 10'0") - Generous double bedroom with a UPVC double glazed window, radiator and combi gas central heating boiler.
Bedroom Two - 4.49 x 3.11 max (14'8" x 10'2" max) - Further well proportioned bedroom with a UPVC double glazed window, built in wardrobes and storage, laminate flooring and a radiator.
Bathroom/Wc - 2.91 x 1.32 (9'6" x 4'3") - Comprising of a bath with electric shower over, pedestal wash basin, WC, tiled splashbacks and flooring, a radiator and UPVC double glazed opaque window to the rear.
Loft Space - With a velux window and radiator. External - Externally there is an enclosed yard with gated access and storage.
There is also a generous enclosed garden with lawn, patio area and shed having double gates which provide access to parking for two vehicles.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 New Cross Row, Wingate, County Durham
Explore nearby