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 · DH4 6JJ
Listing removedListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Safe and Secure welcome to the market this Two Bedroom Mid Terraced House in the popular area of Morley Terrace, Fencehouses.
This spacious home benefits from gas central heating, double glazing and paved gardens to front and rear.
Close to local amenities and transport links, the property would suit a wide variety of buyers. Viewings recommended.
Safe and Secure welcome to the market this Two Bedroom Mid Terraced House in the popular area of Morley Terrace, Fencehouses.
This spacious home benefits from gas central heating, double glazing and paved gardens to front and rear.
Close to local amenities and transport links, the property would suit a wide variety of buyers. Viewings recommended.
Entrance hall Double glazed entrance door, staircase to first floor, radiator lounge 14' 11" x 11' 10" (4.55m x 3.62m) Double glazed window to front, marble effect fireplace, marble inset and hearth, radiator, gas fire point kitchen/diner 8' 10" x 17' 3" (2.71m x 5.26m) Fitted wall & base units with co-ordinating work surfaces, single drainer sink, built in electric oven, built in gas hob, space for washing machine, tiled floor, radiator, double glazed windows to side and rear utility room Base units with co-ordinating work surfaces, tiled floor, combination boiler, double glazed door to rear first floor landing Double glazed window to rear, access to roof space with pull down loft ladder.
Master bedroom 10' 9" x 8' 11" (3.30m x 2.72m) Double glazed window to front, fitted wardrobes, radiator bedroom 2 10' 0" x 9' 3" (3.05m x 2.84m) Double glazed window to rear, fitted wardrobes with mirror front sliding door, radiator bathroom White 3 pierce suite, panelled bath with shower over, pedestal wash hand basin, low level W/C, radiator, double glazed window to rear front garden Paved, fenced boundaries rear garden Paved with gravelled area and fenced boundaries
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 6, Morley Terrace, Houghton-le-Spring
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