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 terraced house · NE28 9AF
Sold STCListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• THREE BEDROOM MID TERRACE HOUSE • GREAT FIRST TIME BUY • DOWNSTAIRS WC • • NICELY SITUATED OVERLOOKING A GRASSED AREA TO THE FRONT • LOUNGE/DINING ROOM • • WESTERLY ASPECT GARDEN TO REAR WITH OUTBUILDING • CLOSE TO LOCAL AMENITITES • • EXCELLENT ROAD LINKS • CHAIN FREE • COUNCIL TAX BAND A • ENERGY RATING TBC • • FREEHOLD • Porch - Double glazed entrance door with windows to the side, double glazed inner door leading into the hallway.
Hallway - Stairs to the first floor landing, two storage cupboards, radiator. Wc - 1.55 x 1.01 (5'1" x 3'3") - WC, double glazed window, tiling to walls.
Kitchen - 2.72 x 2.60 (8'11" x 8'6") - Fitted with a range of wall and base units with work surfaces over and sink unit, integrated oven and hob, double glazed window.
Dining Area - 2.71 x 2.41 (8'10" x 7'10") - Radiator, open to lounge area.
Lounge - 4.83 x 3.17 (15'10" x 10'4") - Fireplace with inset fire, radiator and double glazed French doors leading out to the rear garden. Landing - Access to bedrooms and shower room.
Bedroom 1 - 4.36 x 2.79 (14'3" x 9'1") - Double glazed window, radiator. Bedroom 2 - 4.17 x 2.81 (13'8" x 9'2") - Double glazed window, built-in wardrobes, radiator.
Bedroom 3 - 3.19 x 1.92 (10'5" x 6'3") - Double glazed window, built-in wardrobes, radiator.
Shower Room - 2.28 x 1.86 (7'5" x 6'1") - Comprising; shower, WC and wash hand basin, double glazed window, panelling to walls, ladder style radiator and storage cupboard.
External - Externally there is a westerly aspect garden to the rear which has lawn, a paved patio area and a rear access gate. There is also a good sized outbuilding for storage.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor and in-home O2-Variable outdoor Three-UK-Good outdoor, variable in-home Vodafone-Good outdoor We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
Value & comps
No previous sales on record.
Returns
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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.
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