3-bedroom house · DH9 7NJ
Listing removedListed 80 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sylvester Properties are delighted to welcome to the rental market this spacious three bedroom property, which benefits from modern decoration throughout.
Located in Spen Street close to Stanley centre with supermarkets, local shops, excellent transport links and schools. Lounge The spacious lounge is located to the front of the property.
Benefitting from modern decoration with grey wood effect flooring and large double glazed window.
Kitchen The kitchen is fitted wall and base units, integrated oven with hob, white tiles, double glazed window and a door leading to the yard.
Bathroom The modern bathroom is located on the first floor. Compromising of a white three piece suite including a bath with an over head shower, hand basin and a WC.
Decorated with grey floor to ceiling tiled walls. Bedroom One Large double bedroom with white walls annd grey carpet. Bedroom Two Double bedroom with white walls and grey carpet.
Bedroom 3 Single bedroom with white walls and grey carpet. External To the rear of the property is a large rear yard.
Costs • Monthly Rent: £675 pcm • Security Deposit: £675 pcm • Holding Deposit: £155.76 • 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
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FAQ
About 28, Spen Street, Stanley
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