2-bedroom house · DH7 7ER
Listing removedReduced £5k (−5.3%) on 10 JulListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Venture Properties are delighted to offer for sale with no onward chain, this well presented and much improved two bedroom terraced property in the village of New Brancepeth.
Enjoying lovely views to the front and a modern interior, as well as the option to purchase furniture and appliances, the home would be perfect for both first time buyers or buy to let investors having potential rental income up to £650 pcm.
Viewing is highly recommended for full appreciation.
The floor plan comprises of a superb living room with feature fireplace, impressive open plan kitchen/diner, a large master bedroom with walk-in wardrobe, further well proportioned bedroom and stylish bathroom/WC.
Externally there are low maintenance gardens to the front and rear. New Brancepeth has a selection of local amenities including a primary school, shops and public transport links.
It is within easy reach of Durham City, which lies approximately 3 miles distant. Ground Floor Living Room (4.41 x 4.04 (14'5" x 13'3")) Entered via UPVC door.
Having a UPVC double glazed window to the front, feature fireplace housing a gas fire, laminate flooring, radiator and staircase leading to the first floor.
Kitchen/Diner (4.41 x 3.60 (14'5" x 11'9")) Refitted with a comprehensive range of wall and floor units having contrasting worktops incorporating a stainless steel sink and drainer unit, a built in stainless steel oven and gas hob, plumbing for a washing machine and spaces for both a fridge/freezer and tumble dryer.
Further features include two UPVC double glazed windows to the rear, tiled splashbacks and flooring, a radiator, a cupboard housing the combi gas central heating boiler and a UPVC door to the rear yard.
First Floor Landing Having access to the loft. Bedroom One (4.04 x 3.42 (13'3" x 11'2")) Generous double bedroom with a UPVC double glazed window to the front, a radiator and walk-in wardrobe.
Bedroom Two (2.58 x 2.58 (8'5" x 8'5")) A further well proportioned bedroom with a UPVC double glazed window to the rear and radiator.
Bathroom/Wc (3.61 x 1.72 (11'10" x 5'7")) Stylish bathroom comprising of a recently fitted panelled bath, cubicle with electric shower, pedestal wash basin and WC.
Having a UPVC double glazed opaque window to the rear, tiled splashbacks and a radiator.
External To the front of the property is a raised, low maintenance garden whilst to the rear is an enclosed, recently updated courtyard garden with brick storage shed.
It is a lovely space for outdoor living and entertaining.
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
Agent & docs
FAQ
About 6, Waltons Terrace, Durham
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