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 · SR8 4EX
Sold STCReduced £6k (−6%) on 26 OctListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Paradise Street - Charming 2-Bed Semi-Detached Bungalow Welcome to this delightful 2-bedroom semi-detached bungalow on Paradise Street, offered with no onward chain.
This charming home features a spacious hallway leading to a comfortable living room and a well-equipped kitchen.
The property includes two bedrooms and a modern bathroom, ensuring ample space and comfort.
Externally, the bungalow benefits from a front garden and a rear paved garden, perfect for low-maintenance outdoor living.
A private driveway provides convenient off-street parking for 2 cars Situated in a desirable location, this property is perfect for those seeking a peaceful and easy-to-maintain home.
Don't miss the chance to make this your new home!
Hall UPVC Door, coving to ceiling Living Room 5.4102m x 3.3528m - 17'9" x 11'0" Double glazed window to the front elevation, gas fire with surround, radiator, coving to ceiling Bedroom One 3.2258m x 3.0226m - 10'7" x 9'11" Double glazed window to the front elevation, coving to ceiling, radiator Bedroom Two 3.5814m x 2.3368m - 11'9" x 7'8" Double glazed window to the side elevation, coving to ceiling, radiator Kitchen 3.6322m x 2.3876m - 11'11" x 7'10" Fitted with a range of wall and base units with complementing work surfaces, space for fridge/freezer, plumbing for washing machine, extractor hood, stainless steel sink with drainer and mixer tap, splash back tiles, tiled flooring, boiler, tiled flooring, radiator, coving to ceiling, double glazed window to the rear elevation Bathroom 2.159m x 1.9812m - 7'1" x 6'6" Fitted with a 3 piece suite comprising of; Panelled bath with overhead shower attachment, pedestal hand wash basin, low level w/c, extractor fan, tiled flooring, part tiled walls, radiator, coving to ceiling, double glazed window to the rear elevation Rear Hall 2.3622m x 0.8128m - 7'9" x 2'8" UPVC Door to the rear garden, coving to ceiling Externally To the front:Driveway and low maintenance garden areaTo the Rear:Low maintenance garden with shed
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 Paradise Street, Peterlee, County Durham, SR8
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