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 · DL16 7FQ
Listing removedReduced £17k (−12.4%) on 21 JunListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern two-bedroom end-of-terrace home, built in 2022 and benefitting from eight remaining years on the NHBC guarantee.
The ground floor comprises an entrance hall, cloakroom/WC, and a stylish open-plan lounge, dining area, and kitchen.
French doors open out onto the enclosed rear garden, creating a bright and sociable living space. Upstairs, the first floor offers two well-proportioned double bedrooms and a modern family bathroom.
Externally, the rear garden features a lawn and patio area, ideal for outdoor entertaining. To the front, there is a block-paved driveway providing off-road parking.
Situated in a quiet location less than one mile from the town centre, and within walking distance of Jubilee Park. An ideal purchase for first-time buyers. Viewing is highly recommended.
Ground Floor Accommodation Entrance Hall Cloaks/Wc Open Plan Lounge, Dining Room & Kitchen 7.21m x 3.95m - 23'8” x 12'12” First Floor Accommodation First Floor Landing Bedroom One 3.94m x 2.41m - 12'11” x 7'11” Bedroom Two 3.94m x 2.7m - 12'11” x 8'10” Bathroom 1.92m x 1.84m - 6'4” x 6'0” Externally
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
.png){kind=logo}
FAQ
About 11, Allerton Way, Spennymoor
Explore nearby
