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 terraced house · DL15 9PD
Sold STCListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* NO FORWARD CHAIN * DRIVEWAY AND GARAGE * BEAUTIFULLY PRESENTED * Robinsons have the pleasure of offering to the sales market with the benefit of NO FORWARD CHAIN this beautifully presented two bedroom home, which benefits from enclosed gardens, driveway and detached garage.
Spacious throughout, the property offers two reception rooms, a useful utility room and two well-proportioned double bedrooms.
Having been modernised in recent years, the property provides an excellent opportunity for a range of buyers, including first time purchasers, small families and those looking for a well-positioned home within easy reach of Crook town centre.
The internal accommodation briefly comprises an entrance hallway, spacious lounge with bay window overlooking the front aspect and a second reception room, which would make an ideal dining room and benefits from French doors leading out to the rear yard.
The beautifully fitted kitchen features a range of modern base units, integral dishwasher, oven and hob.
A useful utility room provides an integral fridge/freezer together with space and plumbing for both a washing machine and tumble dryer. To the first floor are two generous double bedrooms.
The principal bedroom benefits from a bay window to the front aspect and two built-in wardrobes.
The bathroom is fitted with a modern three-piece suite comprising bath with mains shower attachment over and shower screen, wash hand basin and WC.
Externally, the property benefits from an enclosed front garden, featuring a paved patio area and artificial lawn.
To the rear is an enclosed yard, while situated over the rear lane is a private driveway providing parking for two vehicles, together with a detached garage featuring an electric roller door.
Location - Lax Terrace is conveniently positioned within a short walk of Crook town centre, which offers a wide range of shopping and recreational amenities, healthcare facilities, schooling and regular bus links.
This is a superb opportunity to acquire a spacious and well-presented home in a convenient location. Contact Robinsons today for further information and to arrange an internal viewing.
Agents Notes - Council Tax: Durham County Council, Band A - Approx.
£1748 p.a Tenure: Freehold Property Construction – Standard, Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only Gas Supply - Mains Electricity supply – Mains Water Supply – Mains (not metered) Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Selective licencing area – NA Probate – NA Rights & Easements – None known, check with seller Flood risk – refer to the Gov website - Coastal Erosion – refer to the Gov website - Protected Trees – check with seller Planning Permission – Nothing in the local area to affect this property that we are aware of.
Check with seller. Accessibility/Adaptations – any alterations or conversions etc. Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £60 (inc. VAT) per individual purchaser applies for carrying out these checks.
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
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FAQ
About Lax Terrace, Crook
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