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 house · DH3 4NG
Listing removedReduced £10k (−5%) on 25 OctListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this extended three-bedroom family home occupies a pleasant position within a highly sought-after residential area of Great Lumley.
Thoughtfully designed to provide generous and versatile living accommodation, the property is ideally suited to modern family life while also offering scope for personalisation.
Upon entering, you are welcomed by an entrance hallway. The principal living space is a spacious open plan lounge and dining area, perfect for both everyday living and entertaining.
The lounge features a charming square bay window to the front elevation, along with an attractive recessed chimney breast area, ideal for display or feature styling.
The dining area flows seamlessly from the lounge and provides direct access into a delightful sun room, creating an additional reception space that can be enjoyed throughout the year.
The sun room benefits from a sliding patio door, opening out onto the rear garden and further enhancing the indoor-outdoor connection.
The ground floor also offers a fitted dining kitchen, providing ample storage and workspace for culinary needs, alongside space for informal dining.
A separate utility room adds practicality and convenience, while a downstairs WC completes the ground floor accommodation.
To the first floor, there are three well-proportioned bedrooms, each offering comfortable living space.
The main bedroom is particularly appealing, benefiting from a built-in sliding door wardrobe that provides storage solutions.
The remaining bedrooms are versatile and could be used as children’s rooms, guest accommodation, or even a home office.
The family bathroom is fully equipped with a corner shower enclosure, panelled bath, WC, and a hand wash basin, catering to all household needs.
Externally, the property continues to impress with well-tended gardens to both the front and rear.
The front garden is predominantly laid to lawn, creating an attractive approach, and is complemented by a driveway that provides off-street parking and leads to a single attached garage.
The enclosed rear garden features a lawned area, patio seating zones ideal for al fresco dining, and a variety of planted shrubs and bushes that add colour and interest throughout the seasons.
This superb home is conveniently located for access to a range of local amenities, schools, and transport links, making it an ideal choice for families and commuters alike.
A wider selection of shops, leisure facilities, and services can be found in nearby Chester-le-Street.
Early viewing is highly recommended to fully appreciate the space, potential, and desirable location that this wonderful property has to offer.
Lounge/Diner (7.86m x 3.82m) Sun Room Area (2.77m x 2.35m) Dining Kitchen (5.96m x 2.69m) Utility Room (2.32m x 2.23m) Bedroom One (3.43m x 3.37m) Bedroom Two (3.59m x 3.28m) Bedroom Three (2.56m x 2.37m) Bathroom (2.39m x 2.18m) Garage (4.70m x 2.42m) Agents Notes We are currently awaiting clarification regarding the building regulations for the installation of a downstairs WC.
We have been informed by our vendor that the extension to the property was carried out in the early 1980's.
Any prospective purchasers must obtain confirmation of the requirements before proceeding with a purchase.
Property Information Local Authority: Durham Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
Agent & docs
.png)
FAQ
About 14 Grosmont, Chester Le Street
Explore nearby