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 semi-detached house · DL5 7NA
Under offerListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Step inside this beautifully renovated four-bedroom home, finished to a high standard throughout and ready for its new owners to simply unpack and settle in.
Offered with no onward chain, the property combines fresh, contemporary interiors with generous accommodation and a private enclosed garden.
The ground floor opens from a welcoming entrance hall into a spacious lounge, creating a comfortable setting for relaxing and entertaining.
The separate kitchen has been stylishly updated with modern cabinetry, tiled splashbacks, integrated cooking facilities and attractive flooring, providing a bright and practical space for everyday living.
A convenient ground-floor WC completes this level. Upstairs, the landing leads to four bedrooms, giving buyers excellent flexibility for family life, visiting guests or a dedicated home office.
A modern family bathroom complements the bedrooms and continues the home's fresh, well-presented finish.
Outside, the enclosed rear garden offers plenty of space to enjoy the warmer months, with a lawn and patio area providing a great starting point for outdoor dining, entertaining or further landscaping.
Freshly renovated, spacious and genuinely move-in ready, this appealing home is an excellent opportunity for buyers looking to avoid the time and expense of immediate improvements.
With four bedrooms, versatile living space, a private garden and the added advantage of no onward chain, early viewing is highly recommended.
Property Ownership Information Tenure Freehold Council Tax Band A Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
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FAQ
About 263, Reeth Place, Newton Aycliffe
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