We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · DH4 7DG
Listing removedReduced £10k (−7.4%) on 21 JunListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Safe and Secure are delighted to welcome to the market this Three Bedroom Semi Detached House in the popular area of Grasmere Crescent, Shiney Row.
The property has been thoughtfully updated to a high standard and benefits from bright, well-proportioned living spaces, a refitted kitchen and bathroom and three well-sized bedrooms.
Externally, the home boasts extensive wrap-around gardens, providing exceptional outdoor space with excellent potential for landscaping, entertaining, family use or future extension potential (subject to relevant permissions).
Situated in a popular residential location with good access to local amenities, schools and transport links, this property offers a fantastic opportunity to acquire a move-in-ready home with generous outside space.
Safe and Secure are delighted to welcome to the market this Three Bedroom Semi Detached House in the popular area of Grasmere Crescent, Shiney Row.
The property has been thoughtfully updated to a high standard and benefits from bright, well-proportioned living spaces, a refitted kitchen and bathroom and three well-sized bedrooms.
Externally, the home boasts extensive wrap-around gardens, providing exceptional outdoor space with excellent potential for landscaping, entertaining, family use or future extension potential (subject to relevant permissions).
Situated in a popular residential location with good access to local amenities, schools and transport links, this property offers a fantastic opportunity to acquire a move-in-ready home with generous outside space.
Entrance hall Double glazed entrance door, radiator and staircase to first floor.
Lounge 15' 2" x 12' 6" (4.63m x 3.83m) Double glazed window to front, wall mounted electric fire with feature wooden mantel above, coving to celling, ceiling rose and radiator.
Breakfasting kitchen 7' 11" x 15' 2" (2.42m x 4.63m) Fitted with a range of wall and base units, with coordinating work surfaces over, built in electric oven, electric hob and extractor hood over, integrated microwave, breakfast bar seating area, 1 1/2 bowl sink and drainer unit, walk in storage cupboard, radiator, double glazed window to rear and double glazed door to rear garden.
WC Low Level w.c. First floor landing Double glazed window to side of property, access to roof space. Master bedroom 10' 2" x 10' 6" (3.12m x 3.21m) Double glazed window to front and radiator.
Bedroom two 10' 4" x 9' 6" (3.17m x 2.90m) Double glazed window to rear and radiator. Bedroom three 8' 7" x 7' 4" (2.62m x 2.26m) Double glazed window to rear and radiator.
Bathroom White 3 piece suite comprising of panelled bath, pedestal wash hand basin, low level wc, built in storage cupboard, radiator and double glazed window to side.
Front garden Laid mainly to lawn and a fenced boundaries. Rear/side gardens An extensive wrap around garden, laid mainly to lawn, with planted borders and fenced boundaries.
The property also has off street parking with gated vehicle access.
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
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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 17, Grasmere Crescent, Houghton Le Spring
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