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 · DL16 7DS
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN Situated within a popluar residential estate within walking distance to all local amentites including the local bus route to Durham City.
Spacious THREE BEDROOM Mid-terraced house with double paved drive to the front, Enclosed rear garden.
Entrance hallway with stairs to first floor landing, Cashmere gloss kitchen/breakfast, Lounge with bay window to the front, two double bedrooms, first floor bathroom with separate W/C.
The property benefits from double glazing throughout, Gas fired central heating system.
Entrance Hall/Stairs Composite entrance door, Two UPVC Double glazed window to front, storage cupboard, stairs to first floor.
Lounge 18' 0'' plus bay window x 12' 0'' (5.48m x 3.65m) into alcove. UPVC Double glazed bay window to front, UPVC Double glazed window to rear.
Kitchen/Breakfast 13' 0'' x 13' 0'' (3.96m x 3.96m) UPVC Double glazed window to rear and door, matching cashmere gloss base units with breakfast bar, understairs storage cupboard, plumbing for washing machine, stainless steel sink unit with mixer tap, gas and electric point for cooker, space for fridge/freezer.
First Floor Landing Loft access with pull down ladder. Bedroom One 10' 0'' x 12' 0'' (3.05m x 3.65m) UPVC Double glazed window to front, storage cupboard.
Bedroom Two 10' 0'' x 12' 0'' (3.05m x 3.65m) UPVC Double glazed window to front, storage cupboard. Bedroom Three 9' 0'' x 8' 0'' (2.74m x 2.44m) UPVC Double glazed window to rear.
Bathroom UPVC Double glazed window to rear, cupboard housing baxi boiler, bath with electric shower over, fully tiled walls. Seperate W/C UPVC Double glazed window to rear, W/C.
Externally Double drive to the front. Enclosed rear garden.
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 Heath Road, Middlestone Moor, Spennymoor
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