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 house · DH7 6SG
Listing removedReduced £7k (−5.9%) on 21 JunListed 334 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally suited to first time buyers or small family, we have pleasure in offering for sale, this exceptionally well presented terraced property.
Available with immediate vacant possession it has double glazing, gas central heating, replacement roof in 2024 and offers accommodation which briefly comprises: Entrance hall, living room and dining kitchen with built in oven, hob, extractor hood and has door leading to the rear garden.
To the first floor are three bedrooms and a family bathroom/wc providing bath with shower over.
Externally there are gardens to the front and rear as well as a single garage at the bottom of the rear garden along with driveway parking.
There are a range of local shops and amenities available within the village, with a more comprehensive range of shopping and recreational facilities and amenities available within Durham City Centre which lies approximately 4 miles distant.
Witton Gilbert is well placed for commuting purposes as it lies adjacent to the A(691) Highway which provides good road links to other regional centres.
Entrance Hallway Double glazed entrance door and staircase to first floor. Living Room (3.98m x 3.77m) Double glazed window to front, television point, radiator and under stairs cupboard.
Dining Kitchen (2.55m x 4.74m) Fitted wall and base units with coordinating work surfaces, sink unit, integrated electric oven, integrated gas hob, extractor hood, space for washing machine, integrated fridge freezer, radiator, two double glazed windows to rear and double glazed door to rear.
First Floor Landing Storage cupboard and access to roof space. Master Bedroom (2.61m x 2.92m) Double glazed window to front, fitted wardrobes and radiator.
Bedroom Two (2.61m x 2.92m) Double glazed window to rear and radiator. Bedroom Three (2.23m x 1.74m) Double glazed window to front and radiator.
Bathroom (1.66m x 1.73m) Three piece suite comprising panelled bath with shower over, pedestal wash hand basin, low level WC, tiled walls, heated towel rail, double glazed windows to rear and extractor fan.
Front Garden Laid to lawn. Rear Garden Mainly paved with fenced boundaries and gated access. Garage & Driveway Up and over door with driveway to side. EPC Rating C Council Tax Band A
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
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FAQ
About 114, Norburn Park, Durham
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