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 · DH8 6NQ
Listing removedListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are pleased to present this two bedroom mid-terrace property situated on Sherburn Terrace, Consett, County Durham.
Offering well-proportioned accommodation throughout, the property benefits from a spacious kitchen/diner, enclosed low-maintenance rear courtyard and gas central heating, making it an ideal purchase for first-time buyers, investors or those looking to downsize.
The accommodation briefly comprises an entrance hallway, lounge and kitchen/diner to the ground floor. To the first floor are two bedrooms and a family shower room.
Externally, the property benefits from an enclosed, low-maintenance rear courtyard with gated access to the rear lane, external storage and a useful shed.
Sherburn Terrace is situated within the popular town of Consett, offering a wide range of local amenities including supermarkets, independent shops, schools, healthcare facilities, leisure amenities and cafs.
The property enjoys excellent transport links to Durham, Newcastle upon Tyne and the surrounding areas via the A691 and A692, making it ideal for commuters.
Consett is also well known for its nearby countryside, walking routes and recreational facilities.
Council Tax Band: A Tenure: Freehold Entrance Hallway Composite part glazed entrance door, stairs to the first floor and carpet flooring.
Lounge (5.02m x 3.78m) Double glazed front aspect, GCH radiator, feature fireplace surround, built-in storage including understairs cupboard and carpet flooring.
Kitchen / Diner (4.55m x 2.68m) Double glazed rear aspect with part glazed composite door leading to the rear courtyard.
Fitted with wall and base units, roll top work surfaces, inset stainless steel sink with drainer and taps, tiled splashbacks, plumbing for a washing machine, space for a freestanding cooker, built-in storage housing the combi boiler, GCH radiator and vinyl flooring.
First Floor Landing Carpet Flooring Bedroom One (5.04m x 3.16m) Double glazed front aspect, GCH radiator, built-in storage and carpet flooring.
Bedroom Two (2.79m x 3.50m) Double glazed rear aspect, GCH radiator and carpet flooring. Family Bathroom (2.13m x 2.39m) Double glazed rear aspect.
Fitted with a WC, pedestal wash hand basin and shower cubicle with electric shower. Includes part tiled walls, built-in storage, GCH radiator, extractor fan, loft access and vinyl flooring.
Externally To the rear: Enclosed, walled rear courtyard designed for low maintenance, with patio leading to the entrance, gated access to the rear lane, external water supply, external lighting and a useful storage shed.
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 102, Sherburn Terrace, Consett
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