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 bungalow · DH2 3ET
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented semi-detached bungalow has undergone a comprehensive renovation, creating a stylish, contemporary home that has been thoughtfully enhanced throughout.
Finished to a modern standard, the property combines elegant interiors with versatile living space and attractive outdoor areas, making it an excellent choice for a range of buyers seeking a home that is ready to move straight into.
Upon entering, a welcoming hallway sets the tone for the accommodation, featuring stylish wall panelling, a neutral colour palette and access to the loft.
The heart of the home is undoubtedly the fabulous open-plan lounge, dining and kitchen area, designed to create a sociable and inviting environment for both everyday living and entertaining.
French doors provide a seamless connection to the landscaped rear garden, allowing natural light to flow through the space and bringing the outdoors in.
The contemporary kitchen has been newly installed and features attractive shaker-style cabinetry, with space for a fridge freezer and dishwasher, alongside an integrated oven and hob.
The clean, modern finish complements the wider interior, creating a practical yet stylish setting for family life and entertaining alike.
Further enhancing the versatility of the property is an adjoining utility and additional reception space, offering excellent flexibility to suit individual needs.
Whether utilised as a home office, playroom, hobby room or occasional additional bedroom, this adaptable area provides valuable extra functionality.
The accommodation continues with two well-proportioned double bedrooms.
The master bedroom benefits from an attractive bay window, adding character and a sense of space, while the second double bedroom offers comfortable and well-presented accommodation.
Externally, the property occupies a generous corner plot, providing an impressive amount of outdoor space.
To the front and side, ample off-street parking adds everyday convenience, while the wraparound garden enhances the sense of privacy and space.
The rear garden has been landscaped to create an attractive, low-maintenance outdoor retreat, featuring a newly laid patio area, artificial turf and a gravelled section, offering plenty of scope for outdoor dining, relaxation and entertaining.
Situated on Grasmere Road in Chester-le-Street, the property is ideally placed for enjoying the amenities of this popular County Durham town.
Chester-le-Street offers a range of local shops, supermarkets, cafés, restaurants and leisure facilities, together with well-regarded schooling and convenient transport links.
The town's railway station provides connections to Newcastle, Durham and beyond, while road links via the A1(M) make commuting across the wider region straightforward.
The surrounding area also offers access to attractive countryside and outdoor spaces, providing a balance between everyday convenience and opportunities to enjoy the outdoors.
Combining a full renovation, contemporary styling, versatile accommodation and a generous corner plot, this impressive bungalow offers a superb opportunity to acquire a move-in-ready home in a convenient Chester-le-Street location.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. CST260181/8
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
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FAQ
About 54, Grasmere Road, Durham
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