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 house · SR4 6QY
Sold STCReduced £5k (−5.5%) on 26 OctListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and versatile two / three bedroom mid terrace dormer cottage, conveniently located within this popular area.
Internally the accommodation on the ground floor includes a hall, two generous reception rooms (one could be utilised as a bedroom if required), a fitted kitchen and bathroom/WC whilst to the first floor there are two well-proportioned bedrooms.
The property benefits from gas central heating to radiators, double glazing and a courtyard to the rear.
This location is ideally placed for access to local amenities, shops and offers excellent transport connections to surrounding areas and major road links. Early viewing is highly recommended.
Ground Floor - Access via UPVC entrance door. Reception Hall - Radiator. Lounge - 4.17 x 4.29 (13'8" x 14'0") - Double glazed window to front elevation and radiator.
Living Room - 4.27 x 4.0 (14'0" x 13'1") - Double glazed window to rear, radiator and stairs to first floor. Door to kitchen.
Kitchen - 4.43 x 1.81 (14'6" x 5'11") - Range of wall and base units with countertops over incorporating a single bowl stainless steel sink and drainer unit with mixer tap.
Integrated oven with gas hob and hood. Space for a low level fridge/freezer and washing machine. Double glazed window to rear elevation, radiator and door to rear hall.
Rear Hall - UPVC door to rear and door to bathroom. Bathroom - Low level WC, washbasin and bath, chrome heated towel rail and double glazed window to rear.
First Floor Landing - Bedroom 1 - 4.23 x 4.17 (13'10" x 13'8") - Double glazed window to front elevation and radiator.
Bedroom 2 - 4.33 x 3.84 (14'2" x 12'7") - Double glazed window to rear elevation and radiator. Outside - Low maintenance courtyard to rear with wooden gate to access back lane.
Council Tax Band - The Council Tax Band is Band A. Tenure Freehold - We are advised by the Vendors that the property is Freehold. Any prospective purchaser should clarify this with their Solicitor.
Important Notice - Particulars - Peter Heron Ltd for themselves and for the vendors of this property whose agents they are, give notice that:- The particulars are set out for general guidance only for the intending Purchasers and do not constitute part of an offer or contract.
Whilst we endeavour to make our sales particulars accurate and reliable, if there is anything of particular importance which you feel may influence your decision to purchase, please contact the office and we will be pleased to check the information.
Do so particularly, if contemplating travelling some distance to view the property.
All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, however any intending purchasers should not rely on them that statements are representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Independent property size verification is recommended.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
No person in the employment of Peter Heron Ltd has any authority to make or give any representation or warranty whatever in relation to this property or these particulars, nor to enter into any contract on behalf of Peter Heron Ltd, nor into any contract on behalf of the Vendor.
The copyright of all details and photographs remain exclusive to Peter Heron Ltd.
Please note that in the event the purchaser uses the services of Peter Heron Conveyancing in the purchase of their home, Peter Heron Ltd will be paid a completion commission of £300.00 by Movewithus Ltd.
Fawcett Street Viewings - To arrange an appointment to view this property please contact our Fawcett Street branch on or book viewing online at peterheron.co.uk Opening Times - Monday to Friday 9.00am - 5.00pm Saturday 9.00am - 12noon Ombudsman - Peter Heron Estate Agents are members of The Property Ombudsman and subscribe to The Property Ombudsman Code of Practice.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Exeter Street, Pallion, Sunderland
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