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 terraced house · DH4 7BN
Listing removedListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverside Residential welcome to the sales market this immaculately presented three-bedroom end-terraced home, positioned in the new and popular Dragonfly Way, Penshaw.
Offering bright, modern interiors, this spacious property is sure to impress.
Being sold with No Onward Chain This beautifully maintained three-bedroom property offers triple glazed windows, solar panels, modern interiors and practical outdoor space.
With a sociable modern kitchen/diner, three spacious bedrooms and excellent presentation throughout, it's ideal for a range of buyers.
The ground floor features a bright and welcoming hallway leading to a generous lounge with French doors which open into the garden, a spacious kitchen/diner and downstairs wc.
Upstairs are three good sized bedrooms, the master bedroom benefiting from its own ensuite, and a modern bathroom, all finished in neutral tones.
Externally The front of the home enjoys a pleasant open aspect with two designated driveway spaces and your own electric charging point.
The rear garden provides a spacious outdoor space mostly laid to lawn with a patio area and shed, ideal for relaxing or entertaining.
Location Set just a five-minute walk from both Herrington Country Park and the iconic Penshaw Monument, this property enjoys a superb position for those who love the outdoors.
With open green space, walking trails, a play park and panoramic views all nearby, it offers a rare blend of countryside feel and everyday convenience - with local amenities, schools and commuter routes all within easy reach.
Entrance 5.43m x 2.04m Spacious and welcoming entry space providing access to the downstairs WC, storage cupboard, lounge and kitchen as well as stairs to first floor.
Lounge: 5.43m x 3.06m A bright and spacious main living area with front-facing window, French doors to the rear garden, carpet flooring, and neutral decor.
Offers a calm and comfortable environment for relaxing or hosting.
Kitchen/Diner 5.43m x 3.31m A stylish open-plan kitchen/dining space with a good range of wall and base units, contrasting worktops, integrated eye level oven and gas hob, as well as integrated fridge/freezer, washing machine and dishwasher.
There is also ample room for a dining table and chairs. Multiple windows flood the room with natural light and herringbone effect flooring completes the room.
Downstairs wc: 1.74m x 1.46m Comprising of a white low level wc and wash hand basin, with neutral walls and herringbone effect flooring.
Bedroom One: 4.11m x 3.06m This double bedroom is neutrally decorated with carpet flooring and features dual aspect windows and has access to the private en-suite.
En-suite 2.38 x.1.22m Comprising of a walk in shower cubicle, low level wc and wash hand basin. This room also benefits form a large storage cupboard, neutral decor and herringbone effect flooring.
Bedroom Two: 3.31m x 2.94m A generous double bedroom with a duel aspect windows, decorated in neutral and complete with carpet flooring.
Bedroom Three: 3.39m x 2.35m A third generous bedroom with neutral decor, large window and carpet flooring.
Bathroom: 2.16m x 1.84m Modern bathroom, panelled bath with overhead shower and shower screen, low level wc and pedestal sink, complemented by part tiled wall and neutral decor finish.
Council Tax Band: Band C (Sunderland Council) Tenure: Freehold
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.
Area
Agent & docs

FAQ
About Dragonfly Way, Penshaw, Houghton le Spring, DH4
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