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See how verdicts work4-bedroom house · DH4 7EE
Listing removedListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely does a property of this scale and individuality become available in such an exceptional Penshaw location.
Turnpike House is a substantial and beautifully presented four-bedroom residence, offering an impressive amount of living space across two floors, complemented by generous gardens and a versatile layout ideally suited to modern family life.
From the moment you enter, the property makes an immediate impression.
A striking central hallway with its feature staircase creates a superb sense of arrival and connects the main ground-floor accommodation.
One of the home's standout spaces is the magnificent main living room.
Exceptionally generous in proportion, this bright reception room provides ample space for multiple seating areas and is ideal for both relaxed family living and entertaining.
Equally impressive is the expansive open-plan kitchen and living area..
The contemporary kitchen incorporates extensive fitted cabinetry, integrated appliances and a large breakfast bar, while the adjoining living and dining space creates a sociable heart to the home.
French doors provide a natural connection with the outside, making this an excellent space for gatherings throughout the year.
Further ground-floor accommodation includes a separate office, providing valuable space for home working, together with a utility room and WC.
The first floor continues the sense of space, with four well-proportioned bedrooms arranged around the central landing.
The master bedrooms are particularly generous and benefits from a walk in wardrobe and a luxurious ensuite. Bedroom is another generous double benefitting from an ensuite.
Bedroom two and three are also doubles and are served by a modern family bathroom, with both bath and separate shower.
Externally, Turnpike House enjoys an attractive and notably generous lawned garden, providing excellent space for children, entertaining and outdoor relaxation.
Paved areas surrounding the house provide further practical outdoor space, while the property's distinctive exterior gives it an individual character that sets it apart from more conventional homes.
The combination of substantial proportions, versatile accommodation, generous outside space and a highly desirable Penshaw setting makes Turnpike House a particularly rare proposition.
This is a home designed for buyers who value space without compromising on location, with accommodation equally well suited to everyday family life, entertaining and working from home.
Early viewing is strongly recommended to fully appreciate the scale, setting and quality of this exceptional property Living Room (6.32m x 6.78m, 20'8" x 22'2") Office (2.46m x 4.41m, 8'0" x 14'5") Kitchen (9.43m x 6.27m, 30'11" x 20'6") Utility Room (2.31m x 3.06m, 7'6" x 10'0") WC (1.21m x 1.91m, 3'11" x 6'3") Master Bedroom (4.60m x 4.70m, 15'1" x 15'5") Ensuite (2.13m x 3.45m, 6'11" x 11'3") Wardrobe (1.52m x 1.53m, 4'11" x 5'0") Bedroom 2 (4.44m x 3.47m, 14'6" x 11'4") Bathroom (3.17m x 2.28m, 10'4" x 7'5") Bedroom 3 (3.55m x 3.24m, 11'7" x 10'7") Bedroom 4 (4.75m x 3.07m, 15'7" x 10'0") Ensuite 2 (2.41m x 0.96m, 7'10" x 3'1") Garage (3.41m x 5.07m, 11'2" x 16'7")
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
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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
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FAQ
About Turnpike House, Penshaw Lane, Penshaw, Houghton Le Spring
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