2-bedroom house · DH7 0PB
Listing removedListed 162 days
Opportunity summary
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About
Two Bedroom Semi Detached Home | Freehold | Generous Rear Garden | Modern Kitchen | £135,000 A well presented two bedroom semi detached home, offered to the market at £135,000 and positioned within the ever popular village of Lanchester.
With a modern kitchen, newly refurbished bathroom, generous rear garden, decking area and on street parking, this is a lovely opportunity for first time buyers, down-sizers or investors looking for a well placed home in a strong village location.
The accommodation is practical, comfortable and easy to live in, with a welcoming layout that works well for everyday life.
The modern kitchen provides a fresh and functional space, while the living accommodation offers room to relax, dine and unwind.
Upstairs, there are two bedrooms and a newly refurbished bathroom, giving the home a clean, updated feel.
Outside, the property benefits from a generous rear garden, offering a brilliant amount of outdoor space for the price point.
The decking area creates a natural spot for seating, summer dining or entertaining, while the garden itself provides room for children, pets, planting or simply enjoying a quieter space at home.
On street parking is available to the front.
The property is freehold and falls within Council Tax Band A, making it an appealing option for buyers looking for a manageable home with sensible running costs.
Location Lanchester is one of County Durham’s most sought after villages, well regarded for its strong community feel, attractive village centre and excellent range of local amenities.
The village offers a good selection of everyday conveniences, including shops, cafes, pubs, pharmacy, medical services, community facilities, library, churches and green spaces, along with a range of clubs and activities that help give Lanchester its friendly, village atmosphere.
For families, the area is served by local schooling including Lanchester Endowed Parochial Primary School, rated Good by Ofsted, All Saints’ Catholic Primary School and St Bede’s Catholic School and Sixth Form College.
There are also play areas, sports facilities, village green spaces and countryside walks nearby, making it a practical and appealing place to live.
Lanchester is well placed for access to Durham, Consett, Stanley and the wider North East, with local bus routes and road links making it convenient for commuters while still offering the quieter pace of village life.
Location Lanchester is one of County Durham’s most sought after villages, well regarded for its strong community feel, attractive village centre and excellent range of local amenities.
The village offers a good selection of everyday conveniences, including shops, cafes, pubs, pharmacy, medical services, community facilities, library, churches and green spaces, along with a range of clubs and activities that help give Lanchester its friendly, village atmosphere.
Porch (1.31m x 1.23m) Kitchen (5.03m x 2.04m) Lounge (4.04m x 3.82m) Hall (2.84m x 1.89m) Bedroom One (4.09m x 3.06m) Bedroom Two (2.83m x 2.46m) Bathroom (2.43m x 1.81m) Hall (2.94m x 2.43m)
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 7 Newbiggen Lane, Durham
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