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 · DH2 1PL
Listing removedReduced £5k (−5.3%) on 4 JulListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Semi-rural location / no upper chain - Tucked away in the sleepy village of High Handenhold sits this charming 2 bedroom mid-terrace house on Laurel Crescent.
To be sold with no upper chain, the property is perfectly positioned to take advantage of some of County Durham's amazing countryside scenery as well as benefitting from easy access to major 'A' roads for commuters connecting to Chester-le-Street, Newcastle, Durham and Sunderland.
This location is also perfect for lovers of country walks as well as being a short distance from the renowned and historical Beamish Open Air Museum.
In brief, the property benefits from a spacious lounge and kitchen to the ground floor while the first floor is home to 2 bedrooms and a modern bathroom.
The exterior boasts a private lawned garden to the front while the yard to the rear offers exceptional country views.
An ideal opportunity for first time buyers and investors looking for their next 'buy to let' property.
Tenure: Freehold Council Tax Band: A EPC In Progress Room Descriptions Hallway - Enter via a composite front door into a small carpeted hallway with access to a lounge and carpeted staircase to the first floor.
Wall mounted radiator.
Lounge -12'5 x 11'4 (3.81m x 3.47m) - Laminate flooring, front-facing UPVC double glazed window, gas fireplace as centrepiece, wall mounted radiator, access to the kitchen towards the rear.
Kitchen 5'8 x 15'9 (1.76m x 4.84m) - Vinyl flooring, range of kitchen fitted kitchen units with work surfaces. Space for a freestanding cooker, washing machine and fridge/freezer.
Stainless sink with mixer tap below a rear-facing UPVC double glazed window. Composite door leading to a rear yard. Wall mounted radiator.
First Floor Landing - Carpeted landing with access to 2 bedrooms, bathroom and loft hatch. Bedroom One? - 10'2 x 12'6 (3.10m x 3.84m) - Carpeted bedroom with a front-facing UPVC double glazed window.
Built-in wardrobe and separate cupboard. Wall mounted radiator.
Bedroom Two - 8'5 x 8'7 (2.59m x 2.65m) - Carpeted bedroom with a rear-facing UPVC double glazed window with country views and wall mounted radiator.
Bathroom - 4'4 x 7'7 (1.34m x 2.34m) - Vinyl flooring with a full-height tiled splashback to the most part, access to a toilet, wash basin and bath with a fitted handheld shower unit.
Rear-facing UPVC double glazed window and wall mounted radiator. Exterior - Lawned private garden to the front as well as a private yard to the rear with country views.
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
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FAQ
About 2 Laurel Crescent, High Handenhold
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