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 · DH4 7JG
Listing removedReduced £5k (−4%) on 21 JunListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Safe and Secure welcome to the market this Recently Refurbished Two Bedroom Mid Terraced House in the popular area of Railway Terrace, Penshaw.
The property benefits from high standard kitchen, bathroom along with fixtures and fittings. Close to local amenities and transport links, the property would suit a wide variety of buyers.
Internal viewings are recommended to appreciate the standard of accommodation on offer.
Safe and Secure welcome to the market this Recently Refurbished Two Bedroom Mid Terraced House in the popular area of Railway Terrace, Penshaw.
The property benefits from high standard kitchen, bathroom along with fixtures and fittings. Close to local amenities and transport links, the property would suit a wide variety of buyers.
Internal viewings are recommended to appreciate the standard of accommodation on offer. Entrance hall Double glazed entrance door, staircase to first floor and radiator.
Lounge 12' 9" x 11' 9" (3.89m x 3.60m) Double glazed window to front, a feature wall with panelling, built in storage cupboard and radiator.
Kitchen/diner 16' 2" x 10' 9" (4.94m x 3.30m) Fitted with a modern range of wall and base units, with coordinating work surfaces over, built in electric oven, gas hob and extractor hood over, integrated dishwasher, single drainer sink, feature panelling to wall, two double glazed windows to rear, double glazed door to rear yard, and radiator.
First floor landing Access to roof space master bedroom 13' 2" x 12' 11" (4.03m x 3.95m) Double glazed window to front, coving to celling, built in storage cupboard and radiator.
Bathroom two 12' 5" x 9' 7" (3.81m x 2.94m) Double glazed window to rear and radiator.
Bathroom Beautiful white 3 piece suite with gold effect fixtures and fittings, comprising of walk in shower unit, vanity wash basin, heated towel rail, low level wc, double glazed window to rear.
Front garden Laid mainly to lawn with fenced boundaries. Rear yard Paved yard with outbuilding providing storage.
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
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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.
Area
Agent & docs
FAQ
About 13, Railway Terrace, Houghton Le Spring
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