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 flat · DH6 1QS
Sold STCListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coming to the market with no onward chain is this beautifully presented two-bedroom first-floor apartment, ideally situated in the popular village of Sherburn.
Located close to local shops, amenities and transport links, the property offers convenient and well-proportioned accommodation, making it an excellent choice for first-time buyers, downsizers or investors.
Upon entering the property, stairs lead to the first floor. To the right is the first bedroom, a bright and spacious room offering plenty of space for a double bed and furnishings.
Straight ahead is the generous living room, providing a comfortable and welcoming space to relax and entertain.
The living room leads directly through to a modern kitchen, which benefits from ample worktop space and storage.
To the left of the hallway is the second bedroom, offering a versatile space that could be used as a single bedroom, home office or dressing room.
Completing the accommodation is a modern family bathroom.
Externally, the property benefits from a garage and a generous private garden, providing plenty of outdoor space to relax, entertain and enjoy during the warmer months.
Agents Note: This property has a lease of 45 years remaining as of marketing on 1st September 2026 (99 years from 1st August 1973) with ground rent of £25 per annum IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QDR260360/2
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 Mitford Drive, Sherburn Village, Durham, Durham, DH6
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