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 flat · DH9 0LZ
Listing removedListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1st FLOOR APARTMENT WITH WITH VERY LONG LEASE & PEPPERCORN PAYMENT.
CHAIN FREE SALE PRESENTED IN IMMACULATE CONDITION This superbly presented and well designed 2 bedroom first floor flat occupying a pleasant position on this small select development.
This chain free apartment has been tastefully decorated throughout with neutral colours.
A superb open plan living , dining , kitchen provides a great entertaining space with an abundance of natural light flowing in through dual aspect windows.
A wide range of wall and base units are within the kitchen along with ample space for a range of white goods.
2 double bedrooms both offer fitted wardrobes and a bathroom provides both bath and shower facilities. Externally there's a single driveway and a paved garden are to the front.
Kip Hill Court is a small development on the fringe of Stanley. Excellent commuting links are at hand to link you towards Gateshead and throughout the region.
Private entrance door to stairs leading to the living accommodation, a lovely light and spacious, open plan lounge and kitchen with room for dining with modern decor, both bedrooms with built in wardrobes, a well proportioned second bedroom, and a lovely modern tiled bathroom with white suite and electric shower over bath.
Externally private patio area and driveway.
EPC Rating C Property briefly comprises Lounge/Kitchen 21'3" x 12'2" (6.47m x 3.72m) UPVC double glazed windows X3, cream modern kitchen with contrasting worktops, open plan into lounge, laminate flooring, radiator x 2.
Bedroom One. 10' x 9'02" ( 3.04m x 2.78m) UPVC double glazed window, fitted wardrobe and radiator. Bedroom Two 11' x 7'01" (3.35m x 2.15m) UPVC double glazed window, fitted wardrobe and radiator.
Bathroom 5'10" x 7'7" UPVC double glazed window, white panelled bath with electric shower, low level w/c, wash hand basin, part tiled walls, laminate flooring, radiator.
Externally Patio area and driveway.
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 A 7, Kip Hill Court, Stanley, DH9
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