3 bedroom semi-detached house for sale

Property number 52730. Enquire through OnTheMarket's messaging system and we'll respond within 5 minutes, 24/7

3-Bed with Immediate Equity & Strong Rental Demand

This three-bedroom semi-detached home provides a compelling investment opportunity in a popular residential location within Blackhall Colliery. Previously occupied by long-term tenants, the property is now vacant and available for purchase.

The accommodation includes a spacious living area, kitchen, utility space, three bedrooms and bathroom facilities across the home. The property benefits from front and rear gardens and gas central heating, and it is offered on a freehold basis.

A schedule of light works has been costed at approximately £4,500, consisting mainly of cleaning, decoration, flooring replacement and minor improvements. Once complete, the expected rental level is £595 per calendar month, generating an estimated 12% gross yield at the asking price.

Recent comparable evidence supports strong capital value in the street, with 59 Tweddle Crescent selling for £78,000 (Oct 2023), and an estimated valuation for this property indicated at approximately £80,915 for properties of similar size.

Two video resources are available for buyers:

Post-clearance video tour:

Inventory inspection link:

The property falls within a Selective Licensing area. A current licence is in place and can be updated if management is retained by the existing agent; if management is moved elsewhere, a new licence application will be required under local authority rules.

This property is competitively priced, offers strong rental demand and immediate value uplift potential, and represents a strong addition to any buy-to-let portfolio.

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Investment Information

Asking Price: £58,500

Sourcing Fee (Payable by Buyer): £2,500

Tenure: Freehold

Bedrooms: 3

Bathrooms: 3

Heating: Gas central heating

Council Tax Band: A

Status: Vacant

Estimated Rent: £595 pcm

Estimated Gross Yield: ~12%

Selective Licence: Required (licence currently held)

Selective Licence Fee: £550 to Durham Council

Licence Administration Fee: £240 (incl. VAT)

EPC Expiry: 09/08/2031 (rating required—see compliance notes)

EICR Expiry: 05/10/2026

Gas Safety Certificate Expiry: 02/12/2025

Last Inspection: 21/07/2025

Estimated Refurbishment Cost: ~£4,500

Refurbishment estimate provided is indicative only and based on a visual assessment via video; buyers should obtain independent quotations.