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 6PP
Listing removedListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Superb Equestrian Facilities** Jan Mitchell properties are delighted to bring to the market this beautiful barn conversion in the exclusive Grange Farm development, Medomsley with circa 2 Acres of private grazing land complete with stables, large storage barn, lighting, water supplier, and professionally installed sand and fibre arena, making it an ideal purchase for the equestrian enthusiast.
Internally the property is finished to the highest of standards and briefly comprises:- Breakfasting shaker style kitchen with range cooker and quartz worksurfaces, large pantry cupboard/study space beneath the stairs, lounge with stunning inglenook fireplace housing the multifuel stove and doors opening out onto the sunny South facing communal courtyard and front private garden to the other side.
To the first floor off the landing illuminated via a skylight, there are two double bedrooms and then a three piece bathroom with shower over the bath.
Externally however is where this property comes into its own with its 2 Acre paddock just a short walk away, which benefits from professionally installed 12ft by 12ft stables and large storage barn with Yorkshire cladding, wired with strip lighting ready to be hooked up to a mini generator, 20m x 40m sand and fibre arena and mains water supply, all surrounded by tall tornado boundary fencing, making it an ideal purchase for the equestrian enthusiast.
There is also a fenced front garden ideal for pets, communal sunny courtyard as well as a garage adjacent to the property and two allocated parking spaces.
Location Grange Villa, Grange Farm has proved to be one of the most desirable developments within Medomsley in recent years, situated close to the centre of the popular semi-rural village of Medomsley, which has some local shops and pubs/restaurants, a local school and public transport links to Consett town centre and the regional centres of Durham and Tyneside, making it an ideal location for commuters.
Measurements Lounge - 4.50m x 4.02m Kitchen - 4.48m x 3.88m Bathroom - 1.64m x 3.02m Bedroom One - 4.86m x 3.47m Bedroom Two - 2.14m x 4.56m IMPORTANT NOTE TO PURCHASERS We endeavour to make our property details accurate, however, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact.
Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency.
All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval.
If you require clarification of further information on any points please contact us direct.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain.
Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing.
Prospective purchasers must make further enquiries with their legal adviser Council Tax Band: C (Durham County 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
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 Grange Villa, Grange Farm, Medomsley, Consett
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