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 work4-bedroom bungalow · DH4 7SJ
For saleReduced £10k (−2%) on 21 JunListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents welcome to the market this extremely rare opportunity to acquire this substantial four bedroom detached bungalow, beautifully positioned on a generous corner plot within the highly sought after cul-de-sac of St Steven's Close, Houghton-le-Spring.
This exceptional and high-quality home offers expansive, versatile accommodation throughout and is perfectly suited to families or those seeking spacious single-level living in a prime residential setting.
Upon entering, you are welcomed by an impressive entrance hall which flows seamlessly into a central hallway, creating a wonderful sense of space and connectivity across the home.
There are two large reception rooms, both offering flexible living and entertaining space, alongside an adjoining office - ideal for those working from home.
Adding further to the versatility are two beautiful conservatories, both enjoying delightful views over the gardens and providing additional relaxing or entertaining areas flooded with natural light.
The kitchen is a true focal point of the home, featuring a central island, dual ovens, ample storage, and direct access to the garden - perfect for indoor-outdoor living.
A separate dining room offers a more formal setting for family meals and gatherings. There are four generously sized bedrooms, two of which benefit from stunning en suite facilities.
The remaining two bedrooms are served by a well-appointed family bathroom, ensuring practicality for larger households or visiting guests. Externally, the property continues to impress.
The expansive corner plot boasts well-maintained lawned areas, a greenhouse, and two separate seating areas - ideal for enjoying the sun at different times of day or entertaining family and friends.
To the front, a substantial driveway provides off-street parking for multiple vehicles and leads to a double garage, offering further storage and secure parking.
Properties of this size, standard, and position rarely become available. Early viewing is highly recommended to fully appreciate the space, quality, and lifestyle on offer.
Council Tax Band: F Tenure: Freehold
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 6, St. Stevens Close, Houghton Le Spring
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