2-bedroom terraced house · DH9 9DT
To rentListed 2 days
Opportunity summary
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About
St John's Terrace, Dipton, County Durham 2 Bedroom Stone-Built Terraced House with Converted Loft Available Immediately A spacious two-bedroom stone-built terraced property with a substantial converted loft, which has undergone a full refurbishment throughout, including a brand new kitchen, bathroom, heating system, new flooring and complete redecoration.
The ground floor comprises a large living room with an attractive feature staircase leading to the first floor, a separate dining room and an impressive rear extension housing an exceptionally spacious kitchen and dining area.
The brand new L-shaped kitchen features grey units, marble-effect worktops, integrated oven, electric hob, black splashback and extractor.
A new combi boiler has been installed, while grey herringbone flooring completes the modern finish. The generous open space provides ample room for dining furniture.
The first floor offers two large double bedrooms and a newly fitted family bathroom featuring a bath with rainfall shower and screen, vanity basin and WC with concealed cistern.
Marble-effect waterproof wall cladding provides a modern, low-maintenance finish. A particular feature is the substantial converted loft, accessed via a fixed staircase from the main bedroom.
This exceptionally large space benefits from Velux windows providing natural light and offers excellent versatility for a home office, hobby room or storage. The loft is not classified as a bedroom.
The property has been freshly decorated throughout with white walls, satin white woodwork and grey carpets.
Externally, there is an enclosed rear yard with a small grassed area and brick boundary walls.
An impressive property offering considerably more space than a typical two-bedroom terrace, fully refurbished and ready for immediate occupation.
Rent: £795 pcm Deposit: £795 Total move-in cost: £1,590 Holding fee: £150, payable to begin referencing and deducted from the total move-in cost. Contact Better Homes
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
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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 St. Johns Terrace, Stanley
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