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See how verdicts work2-bedroom terraced house · SR8 5LJ
Listing removedReduced £10k (−22.2%) on 7 MayListed 221 daysAuction 13 Mar · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Auction ends 13/05/26 at 12:00pm This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. Welcome to Kirkstone Avenue, a charming two-bedroom mid-terraced house situated in a desirable location in Peterlee.
This lovely home offers a perfect blend of comfort, practicality, and outdoor space, making it an ideal choice for first-time buyers, young families, or those looking to downsize without sacrificing style.
As you approach the property, you'll notice a neat front yard with an outhouse, providing additional storage or utility space.
A shared driveway grants convenient access to the property and leads to a garage, which is owned by Believe Housing and is currently under a rental agreement with the current owner, offering potential flexibility for future arrangements.
Step through the front door into the welcoming entrance hallway, which also functions as a dining area and features a handy storage cupboard.
From here, you can access the well-designed kitchen, which benefits from a double-glazed window overlooking the front elevation, allowing plenty of natural light to brighten the space.
The kitchen is perfect for everyday cooking and meal preparation, providing a practical layout for modern living.
The spacious 15ft living room is a highlight of the home, offering a comfortable area for relaxing and entertaining.
It features stairs leading to the first-floor landing and large patio doors that open into the inviting sunroom extension.
This bright and airy sunroom is a versatile space, ideal for enjoying morning coffee or unwinding while overlooking the rear garden.
The UPVC door from the sunroom provides easy access to the low-maintenance, south-facing garden, which is perfect for outdoor dining, gardening, or simply soaking up the sun.
Upstairs, the landing leads to two generously proportioned double bedrooms, both providing ample space for furniture and personalization.
The bathroom completes the first-floor layout, offering a modern and functional space for daily routines.
The rear garden is a delightful low-maintenance area, thoughtfully designed to maximize outdoor enjoyment with minimal upkeep.
Its south-facing aspect ensures plenty of sunshine throughout the day, making it an ideal space for outdoor relaxation or entertaining friends and family.
This property benefits from a range of practical features, including UPVC double glazing and a shared driveway for added convenience.
Overall, Kirkstone Avenue presents a fantastic opportunity to acquire a well-maintained home with excellent outdoor space and a flexible layout.
Whether you're relaxing in the sunroom, enjoying the sunny garden, or exploring the local amenities, this property offers comfortable living in a convenient location.
Don't miss out on this lovely home—schedule your viewing today!
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Dining Room 2.8448m x 1.7526m - 9'4" x 5'9" UPVC Door, storage cupboard, radiator, opening into kitchen Kitchen 2.8956m x 2.7178m - 9'6" x 8'11" Fitted with a range of wall and base units with complementing work surfaces, stainless steel sink with drainer and dual tap, gas hob, electric oven, plumbing for dishwasher, washing machine, double glazed window to the front elevation Living Room 4.699m x 4.5974m - 15'5" x 15'1" 2X Radiators, double glazed window to the rear elevation, patio doors leading to the sun room, stairs leading to the first floor landing Sun Room 3.4798m x 2.4892m - 11'5" x 8'2" Double glazed windows to both sides and the rear elevation, upvc door to the rear garden Landing 1.7018m x 0.9144m - 5'7" x 3'0" Loft access, storage cupboard Bedroom One 3.7084m x 3.683m - 12'2" x 12'1" Double glazed window to the rear elevation, radiator, storage cupboard, built in wardrobe Bedroom Two 3.8608m x 2.7686m - 12'8" x 9'1" Double glazed window to the front elevation, radiator Bathroom 2.5654m x 1.7018m - 8'5" x 5'7" Fitted with a 3 piece suite comprising of; Bath with shower spray attachment, wash hand basin, low level w/c, radiator, double glazed window to the front elevation Externally To the Front;Yard with outhouseTo the Rear;South facing low maintenance garden with astro turf and gravel
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Kirkstone Avenue, Peterlee, County Durham, SR8
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