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 terraced house · DH4 6HS
Listing removedListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE VIA MODERN METHOD OF AUCTION This property is for sale by the Modern Method of FOR SALE VIA MODERN METHOD OF AUCTION...
Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided.
The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
This spacious three-bedroom mid-terraced home is ideally located in a popular area of Fencehouses, offering excellent potential for buyers looking to create their perfect home.
The property features two large reception rooms, a fitted kitchen and ground floor bathroom along with three good-sized bedrooms and a fully boarded loft space providing useful additional storage.
Externally, there is a rear yard with off-street parking.
Requiring some updating, this home offers fantastic scope to add value and personalise, all within a convenient location close to local amenities and transport links.
A must-see property with great potential. Early viewing is recommended.
Reception 3.85m x 4.06m Carpeted Flooring, UPVC Bay Window, Fire with Surround, Radiator Dining Room 3.89m x 4.51m Carpeted Flooring, UPVC Window, Fire with Surround, Radiator Kitchen 2.26m x 4.88m Carpeted Flooring, UPVC Window, Wall and Base Units, Sink with Mixer Tap, Tiled Walls, Electric Double Oven and Hob with Extractor, Radiator Master Bedroom 3.07m x 4.5m Carpeted Flooring, UPVC Window, Radiator Bedroom 2 3.07m x 4.15m Laminate Flooring, UPVC Window, Radiator Bedroom 3 1.8m x 3.09m Carpeted Flooring, UPVC Window, Radiator Bathroom 2.38m x 2.52m Carpeted Flooring, UPVC Window, Tiled Walls, W/C, Panelled Bath, Shower Cubicle, Washbasin with Mixer Tap, NB This property is for sale by the Modern Method of FOR SALE VIA MODERN METHOD OF AUCTION...
Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided.
The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive (truncated) Material Information The following information should be read and considered by any potential buyers prior to making a transactional decision.
SERVICES: We are advised by the seller that the property has mains provide gas, electricity, water and drainage.
MAINTENANCE/SERVICE CHARGES- none WATER METER- No PARKING ARRANGEMENTS: Detached Garage & Street Parking BROADBAND SPEED: The maximum speed for broadband in this area is shown by inputting the postcode at the following link here> 618726fe30f982&utm_source=bing&utm_medium=cpc&utm_campaign=You%20Fibre%20%7C%20Broadband%20%7C%20Grouped%20campaign%20test&utm_term=how%20fast%20is%20my%20broadband&utm_content=Fast ELECTRIC CAR CHARGER- No MOBILE PHONE SIGNAL: No known issues at the property NORTH EAST OF ENGLAND- EX MINING AREA: We operate in an ex-mining area.
This property may have been built on or near an ex-mining site.
Further information can/will be clarified by the Solicitors (truncated) Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.
Viewing Arrangements To arrange an appointment to view this property, please contact us on . hours are : Monday to Friday 9.00a.m. to 5.00pm. / Saturday 9.00a.m. to 12.00pm.
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

FAQ
About Station Avenue North, Fencehouses, Houghton le Spring, Tyne and Wear, DH4
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