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 · DH2 3LP
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Chester-le-Street town centre is only a short drive away and provides a wider selection of supermarkets, cafés, restaurants, leisure facilities and a mainline railway station offering direct services to both Durham and Newcastle.
The property is also well placed for access to the A1(M) and A693, allowing straightforward commuting across the wider region.
In addition, the surrounding area benefits from nearby countryside and walking routes, offering a pleasant balance of village living while remaining well connected.
The property would benefit from a programme of refurbishment and modernisation, presenting an excellent opportunity for buyers looking to add value or investors seeking a project.
The property currently has a sitting tenant in place achieving a rental income of £440 per calendar month.
Internally, the accommodation briefly comprises an entrance hall leading into a spacious lounge, providing a comfortable living area, along with a fitted kitchen to the rear of the property.
To the first floor there are two well-proportioned bedrooms and a family bathroom. Externally, the property benefits from an enclosed rear courtyard which provides a private outdoor space.
ENTRANCE HALL Entered via the front door, the hallway provides access to the ground floor accommodation and features a staircase rising to the first floor.
LOUNGE Featuring a UPVC-framed double-glazed window to the front, allowing natural light to fill the space, and a central heating radiator.
KITCHEN Fitted with a range of base and wall units, complemented by laminate work surfaces and an inset sink with drainer.
The kitchen benefits from an integrated oven and hob, plumbing for a washing machine, and a UPVC-framed double-glazed window overlooking the rear.
A rear door provides direct access to the enclosed courtyard, creating a practical and functional space for everyday living.
FIRST FLOOR LANDING A central landing providing access to both bedrooms and the family bathroom, with a staircase leading down to the ground floor.
BEDROOM ONE A well-proportioned main bedroom featuring a UPVC-framed double-glazed window and a central heating radiator, providing a bright and comfortable space.
BEDROOM TWO A comfortable second bedroom, featuring a UPVC-framed double-glazed window and a central heating radiator, offering a bright and versatile space suitable for use as a bedroom, home office, or guest room.
FAMILY BATHROOM Fitted with a white suite comprising a bath and wash hand basin, with tiling to splash areas for easy maintenance.
The room is completed with a UPVC-framed double-glazed window and a central heating radiator.
EXTERNALLY To the rear, the property benefits from an enclosed courtyard, providing a private outdoor space with gated access, ideal for relaxing or outdoor activities.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 West Street, Grange Villa, Chester Le Street
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