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 house · DH4 6GE
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly sought-after residential development, this beautifully presented three-bedroom family home offers generous living accommodation, stylish interiors, and an excellent location, making it an ideal purchase for growing families.
Upon entering, you are welcomed by a spacious and inviting hallway, providing access to the bright and elegant lounge, enhanced by full-height windows that flood the room with natural light.
The impressive contemporary kitchen/dining room offers the perfect space for both everyday family living and entertaining, boasting a range of fitted units, integrated appliances, a breakfast bar and French door access to the rear.
There is also a handy ground floor WC. To the first floor, the generous principal bedroom benefits from a stylish en-suite shower room and a walk-in wardrobe.
Two further well-proportioned double bedrooms are served by a modern three-piece family bathroom.
Outside, the West-facing rear garden provides the perfect setting to enjoy afternoon and evening sunshine, whether relaxing with family or hosting summer gatherings.
To the front, the property benefits from a garage and a multi-car driveway, offering ample off-street parking.
Situated within the popular Waterhouses development, the property enjoys a convenient location close to Houghton-le-Spring town centre, offering a wide range of shops, supermarkets, cafés, and everyday amenities.
Excellent local schools, parks, and leisure facilities are all within easy reach, while Herrington Country Park and Penshaw Monument provide fantastic outdoor recreation.
The A690 and A19 are easily accessible, offering excellent commuter links to Durham, Sunderland, Newcastle, and the surrounding areas. Viewings come highly recommend.
To book yours or for more information, please, call our office on . Tenure The agent understands the property to be freehold. However, this should be confirmed with a licenced legal representative.
Council Tax Band: C Lounge - 3.96 x 3.34 (12'11" x 10'11") - Kitchen Diner - 3.07 x 5.23 (10'0" x 17'1") - Bedroom One - 3.13 x 3.62 (10'3" x 11'10") - Bedroom Two - 2.51 x 2.89 (8'2" x 9'5") - Bedroom Three - 2.80 x 2.21 (9'2" x 7'3") -
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Waterhouses, Houghton Le Spring
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