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 · DH7 0JR
Listing removedListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sylvester Properties are delighted to present to the sales market this two bedroom bungalow located in the ever popular village of Lanchester, on a corner plot of Burnside.
This property would make an ideal home after modernization and provides ample features for its next owner to love such as a separate garage, driveway and two double bedrooms.
Lounge The lounge is located toward the front elevation of the home, decorated with carpets and neutral walls.
This sizeable reception room is further complete with a double glazed bay style window creating a bright and cozy space.
Kitchen / Diner The kitchen / diner is complete with ample wall and base units as well as a five ringed hob and overhead extractor fan.
A family sized dining table can fit within this space with ease creating a lovely social space.
Utility Room A separate utility room is complete with plumbing suitable for a washing machine as well as being decorated with vinyl flooring and neutral walls.
Master Bedroom The master bedroom is complete with intergraded cupboards for ample storage as well as being decorated with neutral carpets and pink walls. A double bed can fit in this space with ease.
Bedroom Two Bedroom two is another double room, decorated in neutral tones throughout. Bathroom The bathroom is complete with a three piece suite complete with a wvc, wash basin and bath.
External Externally, the property showcases a large back garden complete with turfed space as well as a front garden, garage to the side of the property and a driveway for off road parking.
Important note to purchasers/tenants Making an Offer All offers must be supported with: A mortgage Agreement in Principle (if applicable) Proof of deposit and/or available funds Full details of your buying chain, including estate agents and solicitors Under Money Laundering Regulations, we must also see proof of id for all buyers before we can issue an offer acceptance letter or instruct solicitors.
Important Information We aim to provide accurate property details, but they do not form part of any offer or contract. Services and appliances have not been tested.
Photos, measurements, and floor plans are for guidance only and may not be exact. If you need clarification on anything, please contact us-especially if travelling a long distance to view.
For Buyers Any fixtures and fittings not listed should be confirmed with the seller directly. For Tenants Most properties have a minimum tenancy term-please ask the branch for details.
A security deposit of at least one month’s rent is required. Rent is paid monthly in advance. Tenants must insure their own belongings.
Tenants are usually responsible for all utility bills and Council Tax.
Referral Fees In accordance with the Estate Agents’ (Provision of Information) Regulations 1991 and the Consumer Protection from Unfair Trading Regulations 2008, we are required to inform you that we may receive referral fees for services offered to sellers and purchasers.
These may include: Conveyancing: We may receive an average referral fee of £120.00 inv VAT. Surveying services: We may receive an average referral fee of £120.00 inc VAT
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
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FAQ
About 8, Burnside, Lanchester
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