2-bedroom terraced house · SR8 1DZ
Sold STCListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom mid-terrace property is situated in the ever-popular Lakemore area of Peterlee and offers deceptively spacious accommodation throughout.
Ready to move straight into, this attractive home is ideal for a wide range of buyers seeking a turnkey property in a convenient location close to local amenities.
Upon entering, a welcoming porch leads into a generous lounge/diner, providing a bright and versatile living space perfect for both relaxing and entertaining.
To the rear, the kitchen is fitted with a range of modern wall and base units, offering ample storage and workspace.
To the first floor, the property comprises two well-proportioned double bedrooms and a family bathroom fitted with a three-piece suite.
Externally, the property benefits from a good-sized rear garden, thoughtfully divided into two sections with a lawned area and a separate patio space—ideal for outdoor dining and enjoying the warmer months.
To the front, there is an open garden with a driveway providing off-street parking, along with a further allocated parking space.
Ideal for commuters, the A19 is within easy reach, providing excellent links to surrounding towns and cities.
Families will benefit from nearby local schools, while Castle Eden Dene is close by, offering scenic walks and a great space to enjoy the outdoors.
Early viewing is highly recommended to appreciate the space, presentation, and location this lovely home has to offer.
Council Tax Band - A Awaiting EPC Freehold Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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
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 Lakemore, Peterlee, SR8
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