3-bedroom semi-detached house · DH3 2BN
Let agreedListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
believe housing are delighted to offer this rent to buy, three-bedroom, property located in Snowball Grove, Roseworth.
This stunning property comprises of an open plan kitchen/living area, downstairs wc, and under stairs storage. Upstairs boasts a family bathroom, two double bedrooms and one single bedroom.
The master bedroom includes an ensuite. * This property has been lived in previously. ** Images are for illustration purposes only and may not reflect this specific plot.
Rent to Buy is a government scheme that aims to help people in England step on to the housing ladder by offering affordable homes at a 20% discount below market rent for five years.
The idea is that with a lower rent, you can save for a deposit to buy your home at the same time. As per our rent to buy policy, homes are eligible for purchase five years after they are first let.
This home has reached it's five year anniversary meaning you do not have to wait the standard five years until you are eligible to purchase your home.
You are under no obligation to purchase the property if you are successful for this home you will be able to contact us at any point of your tenancy to let us know when you are in a position to purchase.
You must fully meet the criteria to apply. Please refer to details below for guidance.
Eligibility Criteria To reserve a Rent to Buy home you must: * Be at least 18 years old at the time of signing your tenancy agreement * Be a first-time buyer or returning to the market after a relationship breakdown * Not currently own another residential property * Be able to evidence you are working at the time of the initial letting * Have insufficient funds/deposit to purchase a property on the open market * Have the 'Right to Rent' in the UK (as defined by government guidelines) * Not have any outstanding credit issues.
Please note if you have any CCJs or IVAs this will be an automatic refusal. FEES: - There are no reservation fees or tenancy deposit.
- You will be required to pay up to first two months' rent upfront.
VIEWINGS: - Viewings will only be carried out once your application has been completed and you have been accepted following all checks.
- Please ensure you have the funds available for your first payment at the viewing as if you are happy to proceed as you may be required to begin your tenancy immediately.
This property will be allocated on a first come first served basis, please click enquire now to send all enquiries to
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.
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 Wanstead Crescent, Chester le Street, DH3
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