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 · DH4 6GU
For saleReduced £8k (−4.4%) on 5 AugListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the desirable Ravensworth Park area of Elba Park, Houghton Le Spring, this nearly new terraced house presents an excellent opportunity for first-time buyers.
This modern two-bedroom end link home boasts a charming façade and is designed for contemporary living.
Upon entering, you are welcomed by a bright entrance hall that leads to a spacious lounge, featuring UPVC double glazed French doors that open directly onto the rear garden, creating a seamless connection between indoor and outdoor spaces.
The fitted kitchen is equipped with a built-in hob, oven, and extractor, making it a delightful space for culinary pursuits.
Additionally, a convenient ground floor WC enhances the practicality of the layout.
The first floor comprises two generously sized double bedrooms, with the main bedroom benefiting from fitted wardrobes, providing ample storage.
A well-appointed white bathroom, complete with a WC and shower, serves the upper level.
This property is further enhanced by UPVC triple glazed windows, gas central heating via radiators, and solar panels that contribute to energy efficiency through a feedback scheme.
Outside, you will find a single garage accompanied by a double-length driveway, offering parking for two vehicles.
With its modern features and ideal location, this home is perfect for those looking to step onto the property ladder.
Early viewing is essential to fully appreciate what this delightful home has to offer. To arrange a viewing, please call .
Freehold EPC rating to be confirmed Entrance Hall Ground Floor Wc Kitchen (8'6" x 7'4") Lounge (15'10" x 12'3") First Floor Landing Bedroom One (13'9" x 9'3") Bedroom Two (15'9" x 9'2") Bathroom / Wc Garage Outside
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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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
Agent & docs
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FAQ
About 5, Ravensworth Park, Elba Park, Houghton Le Spring
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