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 semi-detached house · DL1 1AU
Sold STCListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NO CHAIN SALE *** *** IDEAL FOR FIRST TIME BUYER OR INVESTOR *** Perfect family home, this three bedroom semi-detached property standing on a favourable plot.
Located on this modern development which is close to local amenities and the railway station. It provides spacious and contemporary accommodation over three floors.
Considerable thought has gone into the layout to use the space in the best way possible to provide versatile living, dining, relaxing and private space.
In our opinion this home would appeal to a variety of buyers including first time buyer or growing family.
GROUND FLOOR A light and airy entrance hallway giving a great first impression, ground floor cloakroom/w.c.
with white suite, spacious kitchen/diner with ample space for a table and chairs, beautifully appointed kitchen with a range of modern units.
The lounge is considered a good size with French doors leading to the West facing rear garden which has been well established, ideal for relaxing during those warmer months.
FIRST FLOOR A landing with office space, two good sized bedrooms, a family bathroom with over head shower, useful lobby and staircase leading to the second floor.
The stunning master bedroom can be found on the top floor with fitted wardrobes and contemporary en-suite facilities.
EXTERNALLY There is an open lawned garden to the front and off street parking leading to a garage. The rear garden has a Westerly aspect and has been well established with a lawn, trees and shrubs.
There is also a garden shed. For a viewing contact SMITH & FRIENDS - Estate Agents Darlington, Early viewing is highly recommended.
Ground Floor - Entrance Hall - 2.16m x 1.13m (7'1" x 3'8") - Downstairs Wc - 0.98m x 1.44m (3'2" x 4'8") - Kitchen / Diner - 4.13m x 3.51m (13'6" x 11'6") - Living Room - 3.44m x 4.45m (11'3" x 14'7") - First Floor - Landing - 3.78m x 2.00m (12'4" x 6'6") - Bedroom 2 - 2.90m x 4.47m (9'6" x 14'7") - Bedroom 3 - 2.99m x 2.42m (9'9" x 7'11") - Family Bathroom - 1.66m x 2.43m (5'5" x 7'11") - Access Room - 1.83m x 1.97m (6'0" x 6'5") - Second Floor - Bedroom 1 - 5.29m x 4.47m (17'4" x 14'7") - En-Suite - 1.80m x 2.33m (5'10" x 7'7") - Single Garage - 6.00m x 3.22m (19'8" x 10'6") -
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 Iris Grove, Darlington
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