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 · DH4 4TD
Sold STCListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**SPACIOUS FAMILY HOME**THREE DOUBLE BEDROOMS**FOUR PIECE BATHROOM**REAR YARD WITH OFF ROAD PARKING**SOUGHT AFTER LOCATION**NO UPPER CHAIN** Pattinson Estate Agents are happy to welcome to the market this impressive three bed family home, situated on the sought after area of Lumley Crescent, Houghton Le Spring.
This well presented property is perfectly positioned within close proximity to local shops and other amenities, great public transport and major road links via the A690.
Also within walking distance to popular local schools, as well as being a short dive to Elba Park, Rainton Meadows Nature Reserve, Sunderland And Durham City Centres.
This family residence is well maintained and spacious throughout, briefly consists:- Entrance/hallway, lounge with a multi fuel burner, a dining room and fitted kitchen.
To the first floor lies three double bedrooms and a four piece bathroom, externally there is an enclosed forecourt to the front and a South/West yard to the rear, which offers offer road parking.
Adjacent to the rear street there is a larger then average garage, driveway and a garden (Subject to T&C's) Early viewings come highly recommended to appreciate the size, standard and location of this property.
Please call our Houghton branch to arrange a viewing.
Council Tax Band: A Tenure: Freehold Entrance/Hallway Property entrance leading to the hallway, which has laminate flooring and two radiators.
Lounge 4.61m x 4.87m Spacious lounge with hardwood Oak flooring, a multi fuel burner with a feature surround, column radiator and a double glazed front aspect bay window.
Dining Room 3.93m x 4.22m Seperate diner with laminate flooring, a column radiator and French doors leading to the rear yard.
Kitchen 2.84m x 4.16m Fitted kitchen benefiting from a range of upper, lower and full length units with contrasting worksurfaces, stainless steel sink unit, integrated oven with a 5 burner gas hob, plumbing for a dishwasher and washing machine.
Tiled flooring, tiled splash back, a radiator, double glazed window and an external door leading to the rear garden.
Bedroom One 3.94m x 4.23m Double bedroom with laminate flooring, fitted wardrobes, radiator and a double glazed rear aspect window.
Bedroom Two 2.89m x 4.93m Double bedroom with laminate flooring, fitted wardrobes, radiator and a double glazed front aspect bay window.
Bedroom Three 2.41m x 3.22m Double bedroom with carpet flooring, radiator and a double glazed front aspect window.
Bathroom 2.9m x 2.85m Generous four peice bathroom benefiting from a paneled bath, shower cubicle, hand wash basin and WC.
Tiled flooring, tiled walls, two heated towel rails and a double glazed rear aspect window.
External Externally, to the front there is an enclosed forecourt, to the rear lies a South/West facing yard, which gives gates access for off road parking.
Garage & Garden Beyond the rear street there is a detached garage, driveway and generous sized garden, these are subject to T&C's.
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
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FAQ
About Lumley Crescent, Houghton Le Spring, Tyne and Wear, DH4 4TD
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