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 bungalow · DH1 2PZ
Listing removedListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Forward Chain | Vacant Possession Extended and beautifully improved detached bungalow with garage, driveway, and three double bedrooms.
Occupying a pleasant position within the highly sought-after village of Shincliffe, this extended and well-presented detached bungalow offers spacious accommodation, generous outdoor space, and is sure to appeal to a wide range of buyers.
The property is entered via a welcoming porch leading into the central hallway.
The accommodation briefly comprises a convenient WC, a spacious open-plan lounge and dining area, a fitted kitchen, three well-proportioned double bedrooms, a family bathroom fitted with a modern white suite, and an en-suite shower room to the principal bedroom.
A bright and airy sun room, with patio doors opening onto the rear decked terrace, provides an excellent additional living space overlooking the garden.
Externally, the property benefits from attractive and well-stocked gardens to both the front and rear. A driveway provides ample off-street parking and access to the attached garage.
The private rear garden is predominantly laid to lawn and features a raised decked seating area, mature planted borders, and a pleasant outlook, making it ideal for relaxing or entertaining.
Further benefits include gas central heating and double glazing throughout.
Location Meldon Way is a quiet cul-de-sac comprising a mix of houses and bungalows, situated within the ever-popular village of High Shincliffe.
This established residential area lies approximately two miles from Durham City Centre, where a comprehensive range of shopping, leisure, and recreational facilities can be found.
The property is also ideally positioned for commuters, with easy access to the A177, providing convenient routes to Durham City, Teesside, and the A1(M) motorway via the nearby Bowburn interchange.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – E Tenure – Freehold PART B Property Type – Detached Bungalow Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Gas Supply- Mains Electricity supply – Mains Water Supply – Mains (metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Garage, driveway, on-street parking (no permit) PART C Building Safety – (The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – N/A Probate- The sale of the property is subject to obtaining probate Rights & Easements- None Flood risk – Rivers and seas: Very Low / Surface water: Very Low Coastal Erosion – N/A Protected Trees - NA Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – Wet room with walk in shower, lateral living, Handrail in the wet room.
Handrail at the kitchen door to assist leaving the house down the steps. Mining Area – Coal Mining Reporting Area, further searches may be required.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £35 (inc VAT) administration fee per individual purchaser, for these checks.
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 Meldon Way, High Shincliffe, Durham, DH1
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