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 · DL16 6HF
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN Situated within SPENNYMOOR, easy commuting to the A1, Durham city and surrounding North East towns. Stone Build Two bedroom mid terraced house.
Lounge Kitchen/Diner Rear lobby into the Porch Utility with ground floor W/C First floor bathroom Double Glazed, Gas fired central heating system.
Small rear garden FREEHOLD Entrance Vestibule Upvc Entrance door into vestibule with stairs to first floor.
Lounge/Diner 13' 0'' x 14' 0'' (3.96m x 4.26m) Upvc double glazed window to the front, understairs storage cupboard. Fire surround, gas fire with Back gas boiler.
Kitchen/Diner 16' 0'' x 10' 0'' (4.87m x 3.05m) Upvc double glazed window to the rear, Matching Wall and base units, gas point for cooker, stainless steel sink unit with mixer tap, tiled splash backs.
Space for a fridge freezer. Rear lobby into Porch Rear lobby with upvc double glazed door into a rear porch with Upvc double glazed windows and door out to the rear small garden.
Utility room Ground floor W/C Plumbing for washing machine, upvc double glazed window to the side.
First Floor Landing Bedroom One 13' 0'' x 14' 0'' plus fitted wardrobes (3.96m x 4.26m) Upvc double glazed window to the front, double fitted storage/wardrobe. Fitted wardrobes.
Bedroom Two 11' 0'' x 10' 0'' (3.35m x 3.05m) Upvc double glazed window to the rear Bathroom Upvc double glazed window to the rear Bath, W/C, vanity unit with wash hand basin.
Externally Small rear garden.
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 Salvin Street, Spennymoor
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