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 work4-bedroom detached house · DH4 7ED
For saleListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Plot 195 | The Chalham | Herrington View When you walk through the door of this stunning 4-bedroom open plan home, you'll notice how bright it is, with a view from the hall right through to the garden at the back.
The large living room lets you and the family relax together and catch up on the sofa after a long day.
The heart of the home is the kitchen/diner with its double doors to the rear garden, perfect for hosting summer BBQs. The handy cloakroom/utility area, gives you a dedicated space for the laundry.
All the bedrooms in this home are doubles, with the main bedroom benefitting from its own private ensuite, Tenure: Freehold Estate management fee: £149.14 Council Tax Band: TBC - Council Tax Band will be confirmed by the local authority on completion of the property Room Dimensions Ground Floor Lounge - 3.94m x 4.59m, 12'11" x 15'1" Kitchen Dining - 4.83m x 4.10m, 15'10" x 13'5" Cloakroom Utility - 2.03m x 2.10m, 6'8" x 6'11" First Floor Bedroom 1 - 3.18m x 3.63m, 10'5" x 11'11" Ensuite to Bedroom 1 - 1.53m x 2.10m, 5'0" x 6'11" Bedroom 2 - 3.25m x 4.40m, 10'8" x 14'5" Bedroom 3 - 3.24m x 3.34m, 10'8" x 11'0" Bedroom 4 - 4.84m x 2.81m, 15'10" x 9'3" Bathroom - 2.03m x 2.22m, 6'8" x 7'3"
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 Penshaw, Houghton-le-Spring, Tyne and Wear, DH4 7ED
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