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 · DH4 7PJ
Listing removedListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning Views & No Onward Chain!!
This perfectly presented two double bedroom terraced property, located in the highly popular area of Gladstone Terrace, Penshaw, is welcomed to the sales market by Jill Moore Sales & Lettings.
Boasting two good-sized bedrooms, a private rear garden, modern kitchen and bathrooms, this property combines spacious modern family living with a superb location. Early viewing is a must!!
EXECULET... This property is perfect for professionals! The two bed is situated in Penshaw, Houghton Le Spring. A short walk to the local Herrington country Park and the historic Penshaw monument.
A great day out for all with the countryside walks and local heritage center. A short drive to the local garden center, very popular with the locals and a short walk to schools.
A great location for all commuters with a short drive to Chester Le Street, Sunderland and Washington.
All the major roads are within a few minutes drive, A1 North and Southbound, A19 North and South and A184 to Washington.
Entrance Hall Enter through uPVC double glazed door into light and airy porch area with internal door into lounge.
Lounge The spacious lounge is beautifully finished with neutral walls, carpet flooring, fireplace feature, radiator, double doors into the dining area and large double glazed bay window fills the space with natural light.
This room offers picturesque views across the adjacent fields.
Dining Room The dining area is very generously sized and complete with stairs leading to first floor, radiator, double glazed window looking out over the rear aspect, neutral walls and carpet flooring.
Kitchen The contemporary kitchen features large double glazed window which floods the space with natural light, neutral base and wall units provide ample storage and housing integrated appliances, contrasting worktop and sink with mixer tap.
Bathroom The family bathroom offers neutral walls and floors, hand wash basin, shower over bath, double glazed window, towel rail/radiator and w/c.
Bedroom The second good-sized double bedroom features neutral walls, radiator, double glazed window and laminate flooring.
Bedroom The master bedroom is complete with large double glazed window looking out over the front aspect of the property, radiator, carpet to the floor and neutral walls.
External To the rear , the property offers an enclosed private yard with entrance/exit gate leading out onto private back lane for vehicle access.
To the front, steps lead down to a low maintenance garden area with access out onto pathway at the front.
Location The property is found within Gladstone Terrace, a quiet and popular area of Penshaw, Houghton-Le-Spring, offering shops, pubs and restaurants on the doorstep.
Well respected schools such as Our Lady Queen Of Peace Primary School is also within walking distance.
Commuting into larger cities such as Sunderland, Newcastle and Durham is made quick and easy via the A1/A1231/A19 roads close by.
The property also falls on a major bus route allowing for easy public transport access.
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: Private rear yard 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 (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
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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
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FAQ
About Gladstone Terrace, Penshaw, Houghton-Le-Spring, DH4
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