2-bedroom house · DH5 8AT
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** an ideal purchase for anyone wishig to secure A 10% + gross yield ** A two bedroom end of row property which has just had some upgrading since being vacated by the previous tenant - including re-decoration, some minor repairs, and new floor coverings.
With A rental value of £550PCM expected, A gross yield of in excess of 10% awaits for any incoming purchaser.
The property in brief comprises of A hall way, A spacious reception room, A lengthy kitchen, rear lobby area and spacious downstairs bathroom with white suite.
To the first floor are two well sized bedrooms. The property is situated in A strong buy-to-let area and will allow someone to make A generous return with A high demand of potential tenants.
The property has UPVC double glazing and gas central heating.
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
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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
Agent & docs
FAQ
About 2, Elizabeth Street, Houghton Le Spring
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