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 work2-bedroom terraced house · NE37 2TR
Under offerListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Amenities On Doorstep!!
This amazingly presented two double bedroom end terrace property, found in the highly popular area of Douglass Terrace, Washington, is presented to the sales market by Jill Moore Sales & Lettings.
Offering modern furnishings throughout and a range of original features including a stunning open fireplace with log burner, this property makes the perfect first time buy/downsize!
Viewing is essential! Entrance Hall Enter through uPVC double glazed door into porch area with neutral walls, cloak area and internal door leads into the spacious lounge.
Lounge The good-sized lounge space is flooded with natural light from the large double glazed window looking out over the front of the property, and features neutral walls, carpet flooring and a beautiful original open fireplace complete with working log burner.
Kitchen/Diner The modern kitchen/dining space is complete with neutral base and wall units providing ample storage and space/plumbing for washer/dryer and fridge/freezer.
Sink with mixer tap, double glazed window, wood-effect worktop and breakfast bar also feature, along with doorway into rear hall and carpeted stairs leading to first floor.
Bathroom The bathroom is finished with neutral part-tiled walls, shower over bath, hand wash basin, toilet, towel rail/radiator and double glazed window.
Bedroom The second spacious double bedroom offers neutral walls, a range of built in storage cupboards, double glazed sky light and carpet flooring.
Bedroom The very generously sized master bedroom is complete with double glazed sky light window, neutral walls, carpet flooring and radiator.
External To the rear, a low maintenance private yard/garden with decked seating area and timber pergola structure.
Storage sheds also feature along with double gated entrance/exit providing access for vehicles for private parking.
To the front, a low maintenance stoned section with paved pathway which leads up to the front door. Entrance/exit gate also features.
Location The property is found within Douglas Terrace, a quiet and popular area of Washington with a range of shops, schools and pubs/restaurants on the doorstep.
The property also offers great public transport links being close to a major bus route.
Commuting into larger cities such as Sunderland, Newcastle and/or Durham is made quick and easy via the A1/A1231/A19 major roads close by.
Disclaimer DISCLAIMER Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it.
MORTGAGE ADVICE It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance.
If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation.
This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service.
PLEASE NOTE Please note that all sizes have been measured with an electronic measuring tape and are approximations only.
Under the terms of the property miss-descriptions act we are obliged to point out that none of the services described in these particulars have been tested by ourselves.
We present these details of the property in good faith and they (truncated) Property Information The following information should be read and considered by any potential buyers prior to making a transactional decision.
We are advised by the seller that the property has mains gas, electricity, water and drainage.
MAINTENANCE/SERVICE CHARGES- No WATER METER- No PARKING ARRANGEMENTS: On Street BROADBAND SPEED: No issues reported by vendor.
The maximum speed for broadband in this area is shown by inputting the postcode at the following link here> Broadband Speed Checker - UK's No.1 Broadband Speed Test ELECTRIC CAR CHARGER- No MOBILE PHONE SIGNAL: No known issues at the property NORTH EAST OF ENGLAND- EX MINING AREA: We operate in an ex-mining area.
This property may have been built on or near an ex-mining site. Further information can/will be clarified by the Solicitors prior to completion.
The information above has been provided by the seller and has not yet been verified at this point of producing this material. There may be more information related to the sale of this (truncated)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Douglas Terrace, Concord, Washington, Tyne & Wear, NE37
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