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 semi-detached house · DH4 7PA
Listing removedListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale as a tenanted investment, this property is currently let at £750 per calendar month, making it an attractive opportunity for investors.
Set within a popular and well-established residential area, this three-bedroom home offers generous living space along with gardens to both the front and rear, plus the added benefit of off-street parking.
Ideally positioned close to Herrington Country Park and the iconic Penshaw Monument, the location perfectly balances scenic countryside walks with everyday local amenities.
The accommodation briefly comprises an entrance hallway leading to a spacious lounge and a well-proportioned fitted kitchen with ample space for dining.
To the first floor are three bedrooms and a family bathroom. The property further benefits from uPVC double glazing throughout.
Externally, there is a front garden and a driveway providing off-road parking for multiple vehicles, while to the rear is an enclosed garden, ideal for privacy and outdoor enjoyment.
A well-located, income-generating property that should appeal to a range of investors. Disclaimer One This property is to be sold via conditional auction (option 2).
The successful buyer will need to pay a non-refundable deposit of £3,000.00, this deposit will form part of the purchase price of the property.
After the deposit has been taken the buyer will then have 28 days to exchange contracts. After the exchange of contracts this purchase must complete no later than 14 days from this date.
Disclaimer Two Every auction property comes with a guide price and a reserve price.
The guide price sets the starting point for bidding, while the reserve price represents the minimum price that the seller is willing to accept at auction.
The auctioneer is not allowed to sell the property below this reserve price. The reserve price is not revealed to the public and is kept confidential between the seller and the auctioneer.
It may be up to 10% higher than the guide price. Please note that both the guide price and the reserve price are subject to potential changes leading up to and including the day of the auction.
Disclaimer Three At your request we can refer you to a Solicitor from our panel.
It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.
Reservation Fee This property is sold subject to a non-refundable reservation fee of £2,400.00 inc VAT (£2,000.00 plus VAT) The reservation fee does not form part of the purchase price.
Legal Pack A legal pack will be available to download before the auctions end date. We strongly recommend all buyers to familiarise themselves with the legal pack prior to bidding.
Registration To register to bid for this property please copy the link below into your browser.
northwoodauctionne.com Particulars We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: C.
Hallway 4.32m x 1.85m (14'2" x 6'1") Lounge 3.67m x 4.01m (12'0" x 13'2") With window to front, radiator Kitchen/Diner 3.53m x 5.87m (11'7" x 19'3") With two windows to rear, one window to side Landing 2.75m x 2.14m (9'0" x 7'0") Bedroom 3.21m x 3.81m (10'6" x 12'6") With window to rear, radiator Bedroom 3.71m x 3.75m (12'2" x 12'4") With window to front, radiator, storage cupboard Bedroom 2.83m x 2.49m (9'3" x 8'2") With window to front, radiator, storage cupboard Bathroom 1.71m x 2.13m (5'7" x 7'0") Window to rear
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
FAQ
About Wensleydale Avenue, Houghton Le Spring, Sunderland, DH4
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