2-bedroom bungalow · DH8 6HT
Listing removedListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* NO CHAIN * SPACIOUS BUNGALOW * LARGE GARDEN AND ENCLOSED YARD * TWO WELL-SIZED BEDROOMS * Offered for sale with no onward chain, this deceptively spacious two-bedroom bungalow occupies a generous plot and is ideal for a range of buyers.
The well-laid-out accommodation includes a large lounge filled with natural light, a kitchen, two comfortable bedrooms, and a bathroom.
Externally, there’s a substantial lawned garden to the front, and an enclosed yard to the rear—ideal for sitting out or low-maintenance use.
The property also benefits from uPVC double glazing and is warmed by a gas combination boiler.
Situated on Third Street in the popular Watling Bungalows, the property enjoys a quiet residential setting while remaining close to local amenities in Leadgate and Consett town centre.
Excellent public transport links and road access make commuting across County Durham straightforward, while nearby countryside walks and green spaces offer a pleasant lifestyle balance.
This is a fantastic opportunity to secure a home in a sought-after area with a lot of potential. Nb. photos taken 2025.
Lounge - 4.7 x 4.4 (15'5" x 14'5") - Kitchen - 3.1 x 2.6 (10'2" x 8'6") - Bathroom - 2.6 x 1.7 (8'6" x 5'6") - Bedroom - 3.6 x 2.9 (11'9" x 9'6") - Bedroom - 3.6 x 2.9 (11'9" x 9'6") - Agent's Notes - Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating: Gas Central Heating Broadband: Basic 7 Mbps, Superfast 80 Mbps, Ultrafast 1,000 Mbps Mobile Signal/Coverage: Good/Average Tenure: Freehold Council Tax: Durham County Council, Band A - Approx.
£1,701 p.a Energy Rating: D Disclaimer: The preceding details have been sourced from the seller and OnTheMarket.com.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities.
Robinsons cannot accept liability for any information provided.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
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 Third Street, Watling Street Bungalows
Explore nearby