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 work3-bedroom detached house · DH9 6DP
Listing removedReduced £5k (−2.8%) on 9 JulListed 369 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
What an amazing opportunity to create your own perfect bespoke detached home. This is the wonderful Laurvig House, on Shafto Bank, Craghead.
Opportunities like this don’t come up often, so be sure to book your viewing swiftly of this three bedroom detached property.
Lounge The lounge is located toward the front of the property, complete with feature fireplace as well as mahogany accents.
This comfortable reception room creates the perfect space to relax as a family. Dining Room The separate dining room is a real highlight, creating opportunity to entertain and relax as a family.
Decorated with light walls and beige carets. Kitchen The kitchen is sizeable, able to house a dining table with ease.
This kitchen benefits from housing a combination of oak wall and base units topped with granite effect work benches.
The kitchen comes complete with an integrated oven, four ringed hob and stainless steel sink.
Sun Room The split level landing provides access to a first floor sun room, which is bright and airy with double glazed windows making up the walls. A perfect cozy space to hide away and relax.
Master Bedroom The master bedroom is naturally decorated with white walls and beige carpets.
This bedroom further benefits from housing integrated sliding door wardrobes providing an abundance of storage space.
Bedroom Two Bedroom two can house a king sized bed with ease, decorated with grey and pale pinks walls as well as carpet throughout.
Bedroom Three Bedroom three makes a cozy single bedroom but would also serve ideal use as a dressing room or at home office if desired.
Bathroom The bathroom contains a three piece white suite comprising of a WC, wash basin and bath with overhead shower.
External Externally, the property is complete with an enclosed rear garden as well as a single garage and off road parking.
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.
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FAQ
About Laurvig House, Craghead
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