2-bedroom bungalow · SR8 4PX
Listing removedListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this well-presented two-bedroom end-of-terrace bungalow, ideally suited to those looking for comfortable and convenient single-storey living.
Situated on Northumberland Street in Horden, the property offers a practical layout together with off-road parking and a private rear yard.
Upon entering through the welcoming porch, you are greeted by a comfortable lounge providing a pleasant space to relax and unwind.
The kitchen offers a practical and functional space for everyday living, while the property also benefits from a bathroom and two well-proportioned bedrooms.
Externally, the property features a driveway to the front, providing valuable off-road parking, while the rear yard offers a private outdoor area with potential for seating, planting or simply enjoying some fresh air.
With its single-storey layout, two bedrooms, driveway and outdoor space, this property would make an excellent choice for a downsizer or second time buyer.
An early internal viewing is highly recommended to appreciate what this appealing bungalow has to offer. Porch Door leading through to the lounge .
Lounge 3.937m x 7.0104m - 12'11” x 23'0” Double glazed windows to the front elevation and rear elevation, door leading through to the kitchen, door leading through to the rear lobby, electric fire place, radiators .
Bedroom One 3.0226m x 2.667m - 9'11” x 8'9” Built in fitted wardrobes, double glazed window, radiator.
Kitchen 3.1242m x 3.5306m - 10'3” x 11'7” Double glazed window to the side elevation, wall and base units comprising a sink with drainer, electric oven, electric four hob, extractor fan, plumbing for an automatic wash machine .
Rear Lobby Door leading out to the rear yard, door leading through to the bathroom, door leading through to bedroom two.
Bedroom Two 4.1402m x 2.413m - 13'7” x 7'11” Double glazed window to the rear elevation, radiator .
Bathroom 1.6002m x 2.286m - 5'3” x 7'6” Three piece suite comprising of a low level w.c, pedestal wash hand basin with dual taps, enclosed shower area, double glazed frosted window to the rear elevation .
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 22, Northumberland Street, Peterlee
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