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 · DH3 1EG
Listing removedListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverside Residential offer to the sales market this two bedroom mid terrace property which provides a spacious layout throughout and would make a perfect first time purchase.
It's located close to the centre of Birtley making it an ideal location for commuting. Internally the property briefly comprises of an entrance hallway with door to the lounge, kitchen and bathroom.
Upstairs two bedrooms, one with en-suite. King Street is located close to the centre of Birtley for easy access to all of the towns amenities and recreational facilities.
For commuters access to the A1M is only around two miles away and the regional cities of Newcastle and Durham are approximately 8 and 10 miles away respectively.
Entrance: You are welcomed into the hallway, with door access to the lounge and stairs to the first floor.
Lounge: 3.99m x 3.85m A neutrally decorated lounge, with double glazed window to the front aspect, ceiling spotlights, carpet flooring and access to the kitchen.
Kitchen: 4.85m x 1.88m With a range of wall and base units and roll top work surfaces. This kitchen benefits from an integrated fridge/freezer, electric oven and gas hob with overhead extractor.
Plumbing for major white goods, tile flooring and uPVC door to the rear. Bathroom: 2.38m x 1.62m Three piece bathroom suite with low level w/c, vanity wash hand basin, and jacuzzi bath.
Neutral cladded walls, radiator and tiled floor. Bedroom One: 3.23m x 2.41m Double bedroom with double glazed window, neutral walls, radiator and carpet flooring.
En-suite: En-suite with single walk in shower cubicle, low level w/c and wash hand basin, cladding walls and tile effect flooring.
Bedroom Two: 2.85m x 2.73m Single bedroom with double glazed window, neutral walls, radiator and carpet flooring. External: To the rear is an enclosed yard.
Council Tax Band: Band A (Gateshead 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 King Street, Birtley, Chester le Street, DH3
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