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 terraced house · DH4 7PL
Listing removedListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are acting in the sale of the above property and have received an offer of £105,000 on the above property.
Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place Safe and Secure Properties are pleased to welcome to the market this spacious Two Bedroom Mid-Terraced house, ideally located in the sought-after area of Lambton Terrace, Penshaw.
The property benefits from gas central heating, double glazing throughout and an enclosed yard to the rear.
Conveniently situated close to a range of local amenities and excellent transport links, this home would appeal to a wide variety of buyers.
Offered with vacant possession, early viewing is highly recommended to appreciate the accommodation on offer. ENTRANCE PORCH Double glazed entrance, double glazed window to side and courtesy light.
DINING ROOM 11' 3" x 12' 9" (3.43m x 3.89m) Double glazed window to rear, staircase to first floor and radiator.
LOUNGE 17' 4" x 14' 3" (5.29m x 4.36m) Double glazed bay window to front, understairs storage cupboard and radiator.
KITCHEN 6' 10" x 11' 8" (2.09m x 3.57m) Fitted wall and base units, work surfaces, single drainer sink, built-in electric oven, built-in electric hob, extractor hood, tiled floor, double glazed window to side.
REAR PORCH Space for washing machine and double glazed door to rear.
BATHROOM White three piece suite comprising of pannelled bath, with shower over, pedestal wash hand basin, low level wc, tiled walls, radiator and double glazed window to side.
MASTER BEDROOM 9' 8" x 16' 6" (2.97m x 5.03m) Double glazed window to rear, fitted wardrobes and radiator.
ENSUITE White two piece suite comprising of pedestal wash hand basin, low level WC and double glazed window to rear.
BEDROOM TWO 9' 4" x 14' 3" (2.85m x 4.36m) Double glazed window to front and radiator. FRONT GARDEN Mainly paved and walled boundaries. YARD Enclosed rear yard with walled boundaries and gate access.
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

FAQ
About Lambton Terrace, Penshaw, Houghton Le Spring
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