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 terraced house · DH2 1ED
Listing removedListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LARGER THAN AVERAGE END OF TERRACE / NO UPPER CHAIN - Located at the heart of the popular village of Pelton sits this well-presented 2 bedroom end of terrace on Orchard Street.
Perfectly positioned for easy access to the village's many local amenities including 2 well regarded schools and a GP's surgery.
The village also has several excellent transport links connecting to Newcastle, Gateshead, Chester-le-Street and Sunderland as well as being close to major 'A' roads for commuters.
To be sold with no upper chain, this 'larger than average' property offers a well-proportioned and presented lounge with open access to a generous kitchen/diner towards the rear while to the first floor are 2 bedrooms with fitted wardrobes and a modernised bathroom with a matching 3-piece white bath suite and electric shower.
Perfect for a first time buyer or as a 'buy to let' investment, early viewings are recommended.
Tenure: Freehold Council Tax Band: A EPC In Progress Room Descriptions Hallway - Enter via a composite front door into a small carpeted hallway with access to a lounge and carpeted staircase to the first floor.
Lounge - 14'3 x 11'7 (4.35m x 3.56m) - Spacious lounge with wood flooring, front-facing UPVC double glazed window, built-in cupboard, wall mounted radiator and wall mounted gas fire.
Fixed French doors and open access for the kitchen towards the rear.
Kitchen/Diner - 10'5 x 15'5 (3.20m x 4.72m) - Spacious kitchen/diner with tiled flooring and ample storage with numerous base and wall fitted units with downlighting, work surfaces and tiled splashback.
Space for a freestanding cooker with a fitted glass splashback and overhead extractor. Enclosed freestanding washing machine and fridge/freezer.
Stainless steel sink with mixer tap below a rear-facing UPVC double glazed window, composite door leading to the rear yard. Enclosed Baxi combination boiler.
First Floor Landing - Carpeted landing with access to 2 bedrooms and a bathroom. Wall mounted radiator.
Bedroom One - 14'4 x 9'1 (4.38m x 2.77m) - Carpeted bedroom with a front-facing UPVC double glazed window, fitted wardrobes, built-in cupboard with loft access and wall mounted radiator.
Bedroom Two 10' x 6'4 (3.04m x 1.95m) - Carpeted bedroom with a rear-facing UPVC double glazed window, fitted wardrobes and wall mounted radiator.
Bathroom - 6'8 x 6'5 (2.07m x 1.98m) - Tiled flooring and full height cladding splashback. Access to 3-piece white bathroom suite with an electric shower over the bath.
Rear-facing UPVC double glazed window. Wall mounted heated towel rail. Exterior - Well maintained yard to the rear with a shed.
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
FAQ
About Orchard Street, Pelton, DH2
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