2-bedroom terraced house · TS28 5DY
Listing removedListed 57 days
Opportunity summary
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About
Welcome to Chillerton Way, located in a popular and well-connected area of Wingate, this two-bedroom mid-terraced home is an excellent opportunity for first-time buyers, small families, or investors.
Featuring a private driveway, a spacious rear garden, and well-proportioned living spaces, this home offers both comfort and convenience.
Upon entering the property, you are welcomed by a bright and airy entrance hallway, providing access to the downstairs W/C, a convenient feature for modern living.
The kitchen/diner is situated at the front of the property and is fitted with a range of modern units, work surfaces, and integrated appliances.
There is ample space for a small dining table, making it the perfect setting for family meals or casual dining.
To the rear, the spacious lounge benefits from patio doors that open directly onto the rear garden, allowing for plenty of natural light to flood the room.
This space is ideal for relaxing or entertaining, with easy access to the garden creating a seamless indoor-outdoor flow. Ascending to the first-floor landing, you will find two well-sized bedrooms.
The main bedroom is a generous double, offering plenty of space for furniture and storage.
The second bedroom is also well-proportioned and would be ideal as a guest room, home office, or child's bedroom.
The family bathroom completes the first-floor layout, fitted with a modern three-piece suite, including a bathtub with overhead shower, wash basin, and W/C.
To the front of the property, the private driveway provides off-street parking, adding to the convenience of this home.
The rear garden is fully enclosed, offering privacy and a secure space for children or pets to play.
The lawned area provides a lovely green space, while the decked area is perfect for outdoor dining, summer barbecues, or simply relaxing in the fresh air.
Additionally there is an outhouse with electricity ideal for storage or a useful workshop area Situated in Wingate, this home is well-positioned for access to local amenities, schools, and transport links.
The A19 is easily accessible, providing excellent connectivity to Durham, Sunderland, and Newcastle, making it a great choice for commuters.
Entrance Hall 4.445m x 1.8542m - 14'7” x 6'1” UPVC Door, radiator, stairs leading to the first floor landing Cloaks/Wc 1.524m x 0.8636m - 5'0” x 2'10” Low level w/c, pedestal wash hand basin, radiator, extractor fan Kitchen/Diner 4.2164m x 1.8542m - 13'10” x 6'1” Fitted with a range of wall and base units with complementing work surfaces, splash back tiling, electric hob, electric oven, extractor hood, stainless steel sink with drainer and mixer tap, space for fridge/freezer, space for washing machine, boiler, radiator, double glazed window to the front elevation Living Room 3.7846m x 3.0734m - 12'5” x 10'1” Patio doors to the rear garden, radiator Landing 2.9464m x 2.1844m - 9'8” x 7'2” Loft Access Bedroom One 3.81m x 3.2766m - 12'6” x 10'9” Two double glazed windows to the front elevation, built in wardrobe, radiator Bedroom Two 3.5814m x 1.8542m - 11'9” x 6'1” Double glazed window to the rear elevation, radiator Bathroom 2.54m x 1.8288m - 8'4” x 6'0” Fitted with a 3 piece suite comprising of; Bath with overhead shower, pedestal wash hand basin, low level w/c, radiator, extractor fan, storage cupboard, part tiled walls, double glazed window to the rear elevation Outside To the Front; Driveway To the Rear; Private laid to lawn garden with decked area, gravel border and outhouse with electricity
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
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FAQ
About 62, Chillerton Way, Wingate
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