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 house · DH6 5EQ
Listing removedListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Venture Properties are delighted to offer for sale with no onward chain this light and airy mid link property which offers spacious and well presented accommodation ideal for first time buyers and buy to let investors.
The spacious floor plan comprises of an entrance hallway with cloakroom/WC leading to a generous living room with two sets of french doors opening in to a conservatory, which greatly adds to the living space.
There is also a modern fitted kitchen with breakfast bar. To the first floor offers two double bedrooms both with fitted wardrobes providing ample storage and bathroom fitted with modern white suite.
Externally there are low maintenance gardens and a driveway to the front for off street parking.
Philip Avenue is within walking distance to local amenities and has easy access to Durham City and the A1(M).
Ground Floor Hall Welcoming entrance hallway with stairs leading to the first floor, recessed spotlighting and radiator.
Cloakroom/Wc With low level WC, wash basin, tiled splashback, radiator and UPVC double glazed opaque window to the front.
Kitchen (3.53 x 2.29 (11'6" x 7'6")) Fitted with a comprehensive range of wall and floor units having contrasting worktops incorporating a stainless steel sink and drainer unit with mixer tap, a built in stainless steel oven and hob with extractor over, fridge space and plumbing for a washing machine.
Further features include a breakfast bar, a UPVC double glazed window to the front, recessed spotlighting, radiator and cupboard housing the gas central heating boiler.
Living Room (4.45 x 3.58 (14'7" x 11'8")) A spacious reception room having two sets of UPVC double glazed patio doors opening to the conservatory.
With recessed spotlighting, radiator, telephone point and understairs storage cupboard.
Conservatory (3.66 x 3.52 (12'0" x 11'6")) An excellent addition to the property, greatly adding to the living space.
Having a glass roof, UPVC double glazed windows, laminate flooring, radiator and UPVC double glazed French doors opening to the rear garden. First Floor Landing With radiator and access to the loft.
Bedroom One (4.45 x 3.05 (14'7" x 10'0")) Double bedroom with two UPVC double glazed windows to the rear, radiator and a range of fitted wardrobes providing ample storage.
Bedroom Two (4.45 x 2.34 (14'7" x 7'8")) Further double bedroom with two UPVC double glazed windows to the front, radiator, storage cupboard and a range of fitted wardrobes.
Bathroom Fitted with a modern white suite comprising of a panelled bath with electric shower over, wash basin inset to a vanity unit and WC.
Having attractive tiling, a chrome heated towel rail and extractor fan. External To the front of the property is a driveway providing off street parking.
At the rear is a fence enclosed, lawned garden and access gate.
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.
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FAQ
About 18, Philip Avenue, Bowburn
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