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 · DL13 3PS
Listing removedListed 760 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroomed cottage, perfectly positioned within the quiet semi rural village Hamsterley.
The village is close to the beautiful Hamsterley Forest with its four mile forest drive, children's play areas, forest and riverside walks.
Bishop Auckland is a short distance away with further amenities including healthcare services, recreational facilities, retail stores, supermarkets, secondary schools and also an extensive public transport system which allows for access to not only the neighbouring towns and villages, but also to further afield; such as Darlington, Durham, Barnard Castle, Newcastle and York.
This property is approx. 3.4 miles from the ever expanding Tindale Retail Park which boasts a large array of supermarkets, popular high street stores and restaurants.
In brief the property comprises; an entrance hall leading through into the living room, kitchen/diner, utility room and shower room to the ground floor.
The first floor contains the master bedroom, two further bedrooms and bathroom.
Externally the property has a driveway to the front providing off street parking, whilst to the rear there is a large enclosed garden, mainly laid to lawn, along with a patio area ideal for furniture and summerhouse.
Living Room (4.8m x 4.15m (15'8" x 13'7")) Spacious and bright living room located to the front of the property, with gas fire with feature fire surround, original beamed ceiling and window to the front elevation.
Kithen/Diner (4.84m x 4.1m (15'10" x 13'5")) The kitchen is fitted with a range of wall, base and drawer units, completing work surfaces, tiled splash backs and sink/drainer unit.
Benefiting from an integrated oven, hob and overhead extractor hood along with space for further freestanding appliances.
Utility Room (2.26m x 2.1m (7'4" x 6'10")) The utility room provides additional storage space, along with further appliances.
Shower Room (2.25m x 1.9m (7'4" x 6'2")) The shower room contains a walk in shower cubicle, WC and wash hand basin Master Bedroom (3.9m x 2.8m (12'9" x 9'2")) The master bedroom provides space for a king size bed, built in wardrobes and window to the front elevation.
Bedroom Two (4.3m x 3.35m (14'1" x 10'11")) The second bedroom is another double bedroom with window to the rear elevation.
Bedroom Three (3.5m x 3.0m (11'5" x 9'10" )) The third bedroom is a single room with window to the front elevation.
Bathroom (3.3m x 2.2m (10'9" x 7'2")) The bathroom contains a corner panelled bath, WC and wash hand basin.
External Externally the property has a driveway to the front providing off street parking, whilst to the rear there is an enclosed garden, mainly laid to lawn, along with a patio area ideal for furniture, stone shed and summerhouse.
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
.png)
FAQ
About 2, Butwell Terrace, Bishop Auckland
Explore nearby