4-bedroom bungalow · SR8 1PW
Listing removedListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Exceptional Four-Bedroom Detached Bungalow | Extensive Plot | Sought-After Oakerside Park Occupying an impressive plot within the highly desirable Oakerside Park, this substantial four-bedroom detached bungalow offers spacious, versatile accommodation complemented by beautifully maintained lawned gardens and excellent outdoor space.
Upon entering the property, you are welcomed by a large and inviting entrance hallway, setting the tone for the generous accommodation throughout.
The spacious open-plan lounge and dining room provides an ideal setting for both family living and entertaining, featuring a stunning picture window overlooking the beautifully landscaped rear gardens and flooding the room with natural light.
The modern breakfasting kitchen has been thoughtfully refitted to a high standard, offering a range of contemporary units, generous worktop space, and ample room for informal dining.
From the kitchen, there is access to a bright conservatory, which enjoys pleasant views over the rear garden and opens directly onto the raised decking area, creating a seamless transition between indoor and outdoor living.
The bungalow boasts four well-proportioned bedrooms, including a spacious principal bedroom with its own en-suite WC.
A stylish four-piece family bathroom serves the remaining bedrooms and has been finished with modern fixtures and fittings.
Externally, the property occupies a generous plot with extensive lawned gardens to the front, side, and rear, offering a high degree of privacy and plenty of space for families, entertaining, or keen gardeners.
The raised decking provides the perfect place for outdoor dining and relaxation while enjoying views across the beautifully maintained gardens.
Further benefits include an integral double garage, a large multi-vehicle driveway providing ample off-street parking, and additional side garden space, offering further potential for landscaping or future development, subject to the necessary permissions.
Rarely do detached bungalows of this size, quality, and position become available within this prestigious development.
Early viewing is highly recommended to fully appreciate the generous accommodation, outstanding plot, and exceptional lifestyle this superb home has to offer. Council Tax Band: E Tenure: Freehold
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 19, Askerton Drive, Peterlee
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