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 bungalow · DH3 3UX
Sold STCReduced £15.1k (−7%) on 26 OctListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom semi-detached bungalow in a quiet cul de sac location close to the town centre.
This property should prove very popular, with easy maintenance gardens to the rear and the added bonus of ample off-street parking, a large 21ft attached garage, and a conservatory extension.
The accommodation includes an entrance hall, living room/dining room with a living flame gas fire and fireplace, two bedrooms, a kitchen with integrated appliances, a conservatory extension overlooking the rear garden and a good-sized bathroom with a white suite.
Externally, there are gardens to the front and rear of the property, and to the side, there is a long driveway and a large garage with a remote controlled door.
The specification includes gas central heating with a replacement Worcester Bosch combination boiler, alarm system, uPVC double glazing and uPVC roofline.
The bungalow has a Freehold title and is available with no onward chain.
Highfield Rise is situated on the northern periphery of Chester-le-Street town centre and is within walking distance of a good range of shops, schools and amenities.
Chester-le-Street is an ideal commuter base with major road routes, including the A167, A1(M), A183 and A693, allowing easy access to Durham City, Gateshead, Newcastle upon Tyne and Sunderland.
The railway station is on the main east coast line linking London and Edinburgh.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and the National Trading Standards Estate and Letting Agency Team’s Material Information in Property Listings Guidance PART A Local Authority – Durham County Council Council Tax Band – C Tenure – Freehold PART B Property Type – Semi detached Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken are the maximum dimensions available between internal walls unless otherwise indicated Electricity supply – Mains Water Supply – Mains, metered Sewerage – Mains Heating – Gas boiler with radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Garage and drive PART C Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engage the services of a chartered surveyor to confirm Restrictions – None Covenants - Covenants which affect the property are contained within a Transfer dated 26th June 1992 from Persimmon Homes (North East) Limited and the Land Registry Title Register, which is available for inspection.
Selective licencing area – Not included Conservation Area - No Article 4 Planning Restricted area - Included Rights & Easements- None Flood risk – Rivers and Seas: Very low. Surface Water: Very low.
Coastal Erosion – N/A Planning & Building Control – Planning: 1990 Residential development. Building Control: 2017 GASAFE Boiler installation.
Accessibility/Adaptations – None Mining Area – Coal Mining Reporting Area. Further searches may be required. The vendor has made no other Material Information disclosures.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor before marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgment on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, including buyers, when their offer is accepted.
This must be completed per purchaser, who will become the legal owner(s) of the property in the transaction. There is a £30 (inc VAT) administration fee per individual purchaser for these checks.
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
Agent & docs

FAQ
About Highfield Rise, Chester Le Street, County Durham, DH3
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