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 terraced house · DH6 3JW
Sold STCListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Joseph Harris are pleased to offer to the sales market with no onward chain; this two bedroomed mid terraced home situated within the popular location of Wheatley Hill, Durham.
Property benefits from DG, GCH & Rear Yard. Briefly comprising; Entrance Hallway, Lounge Diner, Kitchen, Two Bedrooms to the first floor along with a Bathroom.
Ideal investment opportunity or purchase for a first time buyer.
Buyer's Premium: A buyer's premium of 4% of the agreed purchase price plus VAT, subject to a minmum of £4,000 plus VAT is payable by the successful purchaser in addition to the purchase price.
The premium forms part of the purchase terms and conditions. Please contact Joseph Harris Estate Agents for full details before arranging a viewing or submitting an offer.
Joseph Harris Estate Agents are an independent, modern estate agency covering Teesside and the surrounding areas, specialising in residential sales, lettings, property management and investment opportunities.
Known for our proactive approach, premium marketing & access to an extensive database of active buyers, sellers, tenants and investors.
We are committed to delivering exceptional results and service for our clients.
Our services include: * Residential Sales & Lettings * Full Property Management * Property Refurbishments * Property Investments Disclaimer: Whilst every effort has been made to ensure the accuracy of the information contained within this advertisement, all particulars are provided for guidance only and do not constitute part of an offer or contract.
Information relating to tenure, boundaries, services, planning permissions, lease terms, ground rent, service charges and other property details has been provided by the seller and/or third parties and has not been independently verified by Joseph Harris Estate Agents.
Prospective purchasers should satisfy themselves as to the accuracy of all information through their own inspections, surveys, legal representatives and other professional advisers before proceeding with a purchase.
Council Tax Band: A Tenure: Freehold Entrance hall Double Glazed Front Door, Fuse Box, Electric Meter.
Lounge/diner 7.925m x 3.353m Double Glazed Bay Window to Front Aspect, Double Glazed Window to Rear Aspect, Radiators.
Kitchen 3.048m x 1.829m Double Glazed Window to Rear Aspect, Double Glazed Door provding access into Rear Yard, Wall/Base Units, Worktops, Chrome Sink with Mixer Tap, Extractor Hood, Tiled Splashback.
Bathroom 2.743m x 1.829m Double Glazed Window to Rear Aspect, Radiator, Three Piece White Suite, Tiled Splashback.
Bedroom 1 4.572m x 3.048m Double Glazed Window to Front Aspect, Radiator. Bedroom 2 3.048m x 2.743m Double Glazed Window to Rear Aspect, Radiator.
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 Alexandra Terrace, Wheatley Hill, Durham, DH6 3JW
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