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 terraced house · DH7 6QS
Listing removedListed 409 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a prominent position, we are delighted to offer for sale this attractive two bedroomed mid terraced property benefitting from gas central heating and double glazing.
The property itself has accommodation comprising: entrance hallway with stairs to the first floor, lounge with stripped wooden flooring, wood burning stove and sliding doors giving access to the dining room with stripped wooden flooring and a feature fire place.
The kitchen has a range of floor and wall units with inset sink drainer unit.
To the first floor there is a good sized landing area with a storage cupboard, the main bedroom to the front has a fitted cupboard and shelving unit and the second bedroom has a window to the rear.
There is a good sized bathroom with a suite comprising pedestal wash hand basin, panelled bath, shower cubicle with mains fed wall mounted shower and a separate wc.
Externally there is a small low maintenance garden to the front of the property and a courtyard garden to the rear which is accessed via gates and could be used for parking.
Louisa Terrace is a popular street of houses situated in the centre of Witton Gilbert adjacent to local neighbourhood shops etc.
A more comprehensive range of shopping and recreational facilities and amenities are available within Durham City Centre which is approximately 3 miles distant.
It is also well placed for commuting purposes as it is just off the A(691) Durham to Consett Highway which offers access to the A(167) providing good road links to both North and South.
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 – A Tenure – Freehold PART B Property Type – Terraced 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 ( not metered) Sewerage – Mains Heating – Gas fired central heating via radiators, there is a wood burning stove in place.
Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Driveway 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 Rights & Easements- None Flood risk – Rivers and seas: very low Surface water: very low Coastal Erosion – N/A Protected Trees - NA Planning Permission – none Accessibility/Adaptations – The property has not been altered for accessibility 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 £30 (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.
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FAQ
About Louisa Terrace, Witton Gilbert, Durham, DH7
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