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 bungalow · DH1 1HF
Listing removedListed 310 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Extended Two-Bedroom Semi-Detached Bungalow in High Grange Estate, Gilesgate, Durham This superbly presented and thoughtfully extended two-bedroom semi-detached bungalow enjoys a prime position in a quiet cul-de-sac within the highly sought-after High Grange Estate in the Gilesgate area of Durham City.
Since its purchase in 2016, the property has undergone a comprehensive refurbishment to an exceptional standard.
The welcoming L-shaped entrance hall leads to a generously proportioned lounge featuring a stylish living flame fireplace, wood flooring, and patio doors opening onto the rear garden.
The modern kitchen offers ample storage and worktop space, with room for appliances and open-plan access to a bright breakfast room at the rear.
Accommodation includes two generous double bedrooms and a contemporary modern refitted family bathroom with shower over bath.
From the hallway, a loft hatch with folding wooden steps provides access to a spacious loft storage room, complete with flooring and a side-facing window.
Externally, the property boasts open-plan lawned gardens to the front and a driveway accommodating two to three vehicles.
To the rear, you'll find an enclosed lawned garden with a paved patio area and a useful garden shed.
Offered with no onward chain, this home is ready to move into and perfect for those seeking quality and convenience in a desirable location.
Get ready for speedier, smoother and more successful sales with Premium Conveyancing properties!
The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches.
The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process.
The legal pack includes: Evidence of title Standard searches (regulated local authority, water & drainage & environmental) Protocol forms and answers to standard conveyancing enquiries Works Since 2016 Our client has widely refurbished the property since purchasing it in 2016.
These work include: Upgraded wiring including additional sockets.
Solid wood flooring and skirting boards to most rooms, Replastering and decor throughout, renewed central heating system, replacement bathroom, replacement kitchen, patio doors and (some) windows, Addition of feature fireplace in lounge, New Internal oak doors and landscaping to gardens.
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 2, Friars Row, Durham
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