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 terraced house · DH1 4GD
Listing removedListed 638 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Spacious Town House In A Highly Sought After Location* This fantastic home is situated just by Neville's Cross, Durham, the perfect location for families, and investors with ease of commuting into Durham city/ Newcastle with close motorway links.
Upon entry to the home, an elongated main hall with W/C and internal garage access. A further vestibule with ground floor bedroom four.
To the first floor, a spacious modern kitchen/ diner and large reception room with frontal bay window and a further convenient utility.
Upon the second floor, three well-proportioned bedrooms of double proportions, the master with an en-suite shwoer room. A three-piece family bathroom suite also inclusive within this floor.
Externally, a private driveway and garage access with a frontal shrubbery section.
This property is to be sold on a leasehold basis, although it's new owner would acquire a director role of the company in which owns the Freehold.
Council Tax Band: E Tenure: Leasehold Length Of Lease: 977 Entrance Hall 1.39m x 6.0m Entrance door with elongated hall, W/C access, garage access and stairs to the first floor.
Reception Room 5.51m x 5.05m X2 frontal windows, with 1 bay, corner fireplace and radiator.
Kitchen 3.17m x 4.42m Modern, shaker-style wall & base units, gas hob, double mounted ovens, worktops, steel sink & washboard with mixer tap, laminate flooring, spotlights and window.
Master Bedroom 3.04m x 4.06m window with below radiator, built-in storage and en-suite access. Second Bedroom 3.28m x 3.8m Window with radiator & walk-in storage.
Third Bedroom 2.27m x 3.03m Window with radiator and storage.
En-Suite 2.0m x 1.63m Wash basin with free standing shower unit, toilet, extractor fan and tan tiling throughout.
Bathroom 2.05m x 2.16m Bath tub with above shower unit and screening, wash basin, toilet, window and tan tiling throughout.
Bedroom 4 3.0m x 3.26m Window with radiator. Passage/ Entrance 2.31m x 3.26m Entry door & radiator. Internal Garage 2.96m x 5.69m
Value & comps
No previous sales on record.
Returns
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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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