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 terraced house · DL13 4AJ
Sold STCReduced £15k (−13.6%) on 21 JunListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set across three spacious floors, this tidy three-storey terraced home in Tow Law, County Durham, presents an excellent opportunity for both families and investors.
Thoughtfully arranged, the property opens with a versatile ground floor that can be used as either a comfortable bedroom or a lounge, offering fantastic flexibility.
The heart of the home is found on the second floor, where you'll discover a welcoming lounge and dedicated dining area, perfect for entertaining or relaxing.
The adjoining kitchen is well-proportioned, and the floor also benefits from a separate WC and a modern wet room for added convenience.
Ascending to the top floor, two further generously-sized double bedrooms await, providing ample private space for family members or guests.
The property features an enclosed rear yard, ideal for enjoying the outdoors or container gardening, and ample on-street parking ensures convenience for both residents and visitors.
This home is offered chain-free, promising a straightforward purchase experience.
Situated in the historic town of Tow Law – once renowned for its industrial heritage – residents benefit from a strong sense of community, sweeping North Pennines countryside just moments away, and excellent transport links via the A68 to nearby centres such as Consett, Crook, Durham, and Newcastle.
With its blend of spacious accommodation, low maintenance appeal, and access to both rural beauty and urban amenities, this property represents a truly attractive proposition.
Arrange your viewing today to fully appreciate everything on offer.
Ground Floor Entrance Hallway Front entrance door and staircase to the first floor Ground Floor Bedroom (4.368 x 2.927 (14'3" x 9'7")) UPVC double glazed window to the front elevation, central heating radiator as well as a large storage area.
First Floor Dining Room (4.366 x 3.158 (14'3" x 10'4")) With sliding doors from the lounge, central heating radiator and upvc double glazed window to rear.
Lounge (4.128 x 3.113 (13'6" x 10'2")) Having feature fireplace housing electric fire. Central heating radiator and upvc double glazed window to rear.
Kitchen (3.886 x 2.244 (12'8" x 7'4")) Fitted with a range of white wall and base units having contrasting work surfaces over, stainless steel sink unit with mixer tap, slot for electric oven, plumbing for washing machine, space for fridge freezer, tiled splash backs, central heating radiator, upvc double glazed window to side and rear entrance door.
Separate Wc Fitted with a wash hand basin, wc and pvc panelling to walls. Wet Room A good sized walk in wet room to the second floor having open shower with mains shower and curtain.
Wc, wash hand basin and central heating radiator. Second Floor Landing Connecting bedroom two and three.
Bedroom Two (4.140 x 4.450 (13'6" x 14'7")) With central heating radiator and upvc double glazed window to front.
Bedroom Three (4.158 x 3.141 (13'7" x 10'3")) Having central heating radiator, wall mounted gas boiler. Fitted wardrobes and upvc double glazed window to rear.
Exterior Externally to the rear is an enclosed yard.
Energy Performance Certificate To view the full Energy Performance Certificate please use the following link: Grade D Other General Information Tenure: Freehold Gas and Electricity: Mains Sewerage and water: Mains Broadband: Superfast Highest available download speed 80 Mbps Highest available upload speed 20 Mbps Mobile Signal/coverage: We would recommend speaking to your provider Council Tax: Durham County Council, Band: A.
Annual price: £1,682.44 (Maximum 2024) Energy Performance Certificate Grade D Mining Area: This property is located in an area of historical mining works, a mining search is recommended.
This can be done via a solicitor as part of Conveyancing. Flood Risk: Very low risk of surface water flooding and flooding from the rivers and the sea.
This property has been vacant for a number of months, additional council tax charges may be payable upon completion.
Disclaimer The preceding details have been sourced from the seller, and other third parties.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B and C, should be sought from a legal representative or appropriate authorities.
Venture Properties (Crook) Limited cannot accept liability for any information provided.
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 10, Ironworks Road, Tow Law
Explore nearby