3-bedroom flat · SR8 2DP
Listing removedListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Magnum Properties are delighted to present these newly refurbished three-bedroom flats, ideally situated in Peterlee.
Offering modern living accommodation arranged over two floors, these properties are perfectly suited to families and professional working tenants seeking a comfortable and convenient home.
Location The flats are located in Peterlee, within easy reach of local shops, supermarkets, schools, and everyday amenities.
The area benefits from excellent transport links, providing convenient access to surrounding towns and nearby employment areas.
Peterlee offers a range of local facilities, leisure amenities, and green spaces, making it an ideal location for comfortable residential living.
Accommodation The accommodation is arranged over two floors and comprises three well-proportioned bedrooms, offering spacious and flexible living arrangements.
The properties have been fully refurbished throughout, providing a fresh and modern finish ready for new tenants.
The newly fitted kitchen includes a brand-new oven and cooker, with modern fixtures and fittings. The living spaces have been freshly painted and benefit from new flooring and carpets throughout.
Additional benefits include: Private balcony Newly refurbished throughout Freshly painted interiors Brand-new fitted kitchen New oven and cooker New flooring throughout New carpets Modern finish throughout Key Features Three-bedroom flat arranged over two floors Newly refurbished Private balcony New kitchen with oven and cooker New flooring and carpets Freshly painted throughout Modern living accommodation Ideal for families or professional working tenants Rent & Deposit Rent: £600 pcm Deposit: £600 Viewings To arrange a viewing or for further information, please contact Magnum Properties: Telephone: Email:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 42 York Road, Peterlee, SR8 2DP, 42, York Road, Peterlee
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