2-bedroom house · DH2 1NU
Sold STCListed 88 days
Opportunity summary
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About
Description Copeland Residential are pleased to offer to the market this two bedroom extended mid-terrace property available on Holyoake Street in Newfield.
The property briefly comprises of a generous lounge with a large fireplace accommodating for a log burner & a spacious kitchen/diner to the ground floor with an open plan extension currently used as a hobby room, with a well-presented rear yard accessed via the extension.
To the first floor there are two well-proportioned bedrooms. The master bedroom boasts a built-in wardrobe with mirrored sliding doors and the second bedroom has a Juliet balcony.
The first floor is also home to a modern and stylish shower room with a large walk-in unit and a rainfall style mixer shower.
The property is ideally located for commuters via the A693 & A1, meaning good links to Newcastle & Durham.
There are a range of local amenities located a short drive in the nearby town of Chester-le-Street & also Stanley, with local amenities in Pelton.?
Tenure: Freehold Council Tax Band: A EPC In Progress Room Descriptions Lounge - 14'8 x 15' (4.53m x 4.60m) - Enter via a composite front door into a spacious carpeted lounge with a large front-facing UPVC double glazed window.
Large open fireplace with a log burner as centrepiece. Wall mounted radiator. Access to a solid oak staircase to the first floor and the kitchen/diner towards the rear.
Kitchen/Diner - 12'7 x 13'3 (3.87m 4.06m) - Spacious kitchen/diner with vinyl flooring. Offering a range of fitted units with contrasting work surfaces and tiled splashback.
Accommodation for a range of freestanding appliances including a cooker, washing machine and fridge/freezer. Stainless steel sink with mixer tap. Rear-facing UPVC double glazed window.
Wall mounted radiator and open access to a rear extension currently used as a hobby room. Hobby Room - 12'6 x 7'1 (3.87m x 2.18m) - Carpeted and spacious extension currently used as hobby room.
A large side-facing UPVC double glazed window a double set of UPVC French doors for access to the yard. Wall mounted radiator.
First Floor Landing - Wood flooring with access to two bedrooms, a shower room and permanent solid oak staircase to a loft room.
Bedroom One - 15'6 x 7'9 (4.76m x 2.43m) - Carpeted bedroom with a front-facing UPVC double glazed window, built-in wardrobe with mirrored sliding doors and wall mounted radiator.
Bedroom Two - 12'9 x 6'9 (3.95m x 2.12m) - Carpeted bedroom with a rear-facing double set of UPVC French doors for a Juliet balcony and wall mounted radiator.
Shower Room - 9'2 x 5'9 (2.83m x 1.82m) - Tiled flooring with a full height cladding splashback.
Access to a toilet, vanity unit with a fitted wash basin and a large walk-in shower unit with a rainfall style mains mixer shower.
Rear-facing UPVC double glazed window, wall mounted radiator and extractor fan. Loft Room - 13'2 x 7'5 (4.03m x 2.29m) Boarded with strip lighting and power and Velux skylight.
Exterior - Well-presented yard to the rear with outdoor storage.
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 5 Holyoake Street, Newfield
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