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 house · SR8 3SZ
Listing removedReduced £4k (−5%) on 13 AugListed 286 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming two‐bed mid‐terraced bungalow on Angus Terrace in Grants Houses, Peterlee, offers a fantastic opportunity for buyers seeking a well‐proportioned home with the added advantage of no onward chain.
Set within a pleasant residential street, the property features a low‐maintenance gravelled front garden that creates an attractive approach and enhances the home's kerb appeal.
A welcoming entrance hall leads into the main living accommodation, where the living room provides a comfortable and inviting space with ample room for furnishings and natural light.
The bungalow offers two bedrooms, each providing flexibility for use as sleeping accommodation, a guest room, or even a home office depending on lifestyle needs.
The bathroom sits conveniently off the inner hallway, along with access to the kitchen, which is fitted with practical units and includes a UPVC door opening directly onto the rear garden.
This layout ensures easy movement throughout the home and a natural flow between rooms.
The rear garden is designed for ease of upkeep, featuring a paved area ideal for outdoor seating, potted plants or simply enjoying a private outdoor space without the need for extensive maintenance.
Whether used for relaxation or entertaining, it offers a pleasant extension of the living space.
With its straightforward layout, low‐maintenance gardens and chain‐free status, this bungalow presents an appealing option for those looking to downsize, invest or secure a home that can be personalised over time Entrance Hall 1.0668m x 0.889m - 3'6” x 2'11” UPVC Door Bedroom One 3.7084m x 3.2766m - 12'2” x 10'9” Double glazed bay window to the front elevation, radiator Living Room 3.8862m x 3.6068m - 12'9” x 11'10” Double glazed bay window to the front elevation, radiator Inner Hallway 2.2352m x 0.9652m - 7'4” x 3'2” Loft Access Bedroom Two 4.1402m x 1.8796m - 13'7” x 6'2” Double glazed window to the rear elevation, radiator Bathroom 2.667m x 1.2954m - 8'9” x 4'3” Fitted with a 3 piece suite comprising of; Bath with shower spray attachment, wash hand basin, low level w/c, heated towel rail, double glazed window to the rear elevation Kitchen 2.9718m x 2.2098m - 9'9” x 7'3” Fitted with a range of wall and base units with complementing work surfaces, stainless steel sink with drainer and mixer tap, electric hob, electric oven, extractor hood, space for fridge/freezer, space for washing machine, radiator, double glazed window to the rear elevation Externally To the Front; Low maintenance garden with paving and gravel To the Rear; Paved with slate boarder
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.
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FAQ
About 9, Angus Terrace, Peterlee
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