3-bedroom house · TS17 6NA
For saleListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
5 Bed HMO Project | Westbury Street, Thornaby, TS17 | 17.42 Percent to 19.35 Percent Gross Yield Purchase Price: £85,000 Approximate Refurbishment Cost: Around £70,000 | Estimated Total Investment: £155,000 Potential Rental Revenue: £2,250 pcm to £2,500 pcm (£27,000 to £30,000 per year) Planning Status: Approval expected within 4 weeks Situated in Thornaby near Stockton on Tees, this substantial multi room residential property on Westbury Street represents an outstanding HMO development project.
Offered at £85,000 with planning permission for a 5 bedroom HMO expected within 4, an estimated £70,000 configuration budget delivers a high specification asset with double digit returns on your total capital outlay.
Key Investment Highlights Exceptional All in Returns: Achieving £450 pcm to £500 pcm per room across 5 letting bedrooms generates £27,000 to £30,000 per year, delivering a massive 17.42 percent to 19.35 percent gross yield on an estimated £155,000 total outlay.
Complete HMO Transformation: Currently 3 bedroom property with full scope for reconfiguration into a high yield 5 bedroom house in multiple occupation.
Imminent Planning Clearance: Planning decision anticipated within 4 weeks, giving you a clear timeline to undertake works and list rooms on the rental market.
High Demand Rental Pocket: Positioned close to local retail amenities, major bus routes, and Thornaby Railway Station for direct transit into Stockton and Middlesbrough.
A high performing asset engineered for portfolio investors seeking maximum monthly cash flow post refurb. Contact us today to receive further details or arrange an early viewing.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors 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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