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 7PL
Listing removedListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Charming Two-Bedroom Mid-Terrace Home | Ideal First-Time Buy or Investment Opportunity Situated in the popular residential area of Houghton Le Spring, this well-presented two-bedroom mid-terraced home offers generous living accommodation, a stylish modern kitchen, and a fantastic opportunity for first-time buyers, couples, or investors.
The accommodation briefly comprises a welcoming entrance hall leading into a bright and comfortable lounge, perfect for relaxing or entertaining.
To the rear, the generous kitchen provides ample storage and workspace, with room for dining and access to the rear yard.
A real standout feature is the high-quality fitted Miele kitchen suite, which includes a built-in coffee machine, warming drawer, steam oven, and tabletop chargrill, offering a premium cooking experience.
To the first floor are two well-proportioned bedrooms, providing practical living space for couples, small families, or professionals.
Externally, the property benefits from a south-facing enclosed front yard, as well as an enclosed rear yard, providing low-maintenance outdoor spaces to enjoy throughout the year.
The property also benefits from an adjoining large coal store, offering excellent storage or exciting potential for conversion, subject to any necessary permissions.
In addition, the rear section of the roof has been partially renewed, providing added peace of mind.
Conveniently located close to local shops, schools, and everyday amenities, the property enjoys excellent transport links to Sunderland, Durham, and Newcastle via the A690 and A1(M), making it ideal for commuters.
The home also benefits from views towards Penshaw Monument and is within easy reach of Fatfield, the River Wear, and a variety of scenic riverside walks, making it perfect for those who enjoy the outdoors.
An excellent opportunity to acquire a characterful and well-presented two-bedroom home in Houghton Le Spring.
Early viewing is highly recommended to fully appreciate the accommodation, location, and quality features on offer. Council Tax Band: A Tenure: Freehold
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
.png){kind=logo}
FAQ
About 34, Lambton Terrace, Houghton Le Spring
Explore nearby
