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 bungalow · SR8 1NN
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a generous plot within the highly sought-after Marwood Grove area of Peterlee, this deceptively spacious three-bedroom detached bungalow offers versatile accommodation, making it an ideal purchase for a wide range of buyers seeking a ready-made home with further potential to personalise and enhance.
Upon entering, the welcoming hallway leads through to a large, bright and airy lounge/dining room, providing an excellent space for both relaxing and entertaining.
French doors open directly onto the rear garden, allowing plenty of natural light to flow throughout the space.
The refitted kitchen has been modernised to include a range of stylish wall and base units, offering ample storage and workspace, with convenient access through to the garage.
The property benefits from three well-proportioned bedrooms, all offering flexible living arrangements, alongside a family bathroom fitted with a three-piece suite and separate shower enclosure.
Externally, the home continues to impress with a good-sized private south-facing rear garden, ideal for enjoying outdoor living and entertaining during the warmer months.
To the front, there is an open, well-maintained garden, driveway providing off-road parking, and access to the attached garage.
Early viewing is highly recommended to fully appreciate the size, location and potential this fantastic bungalow has to offer.
EPC - TBC FREEHOLD COUNCIL TAX BAND - D Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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

FAQ
About Marwood Grove, Peterlee, SR8
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