1-bedroom flat · TS24 7HH
Sold STCListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** YET ANOTHER SALE AGREED, AN OFF MARKET SALE WITH NO PUBLIC ADVERTISING REQUIRED, WITHIN THIS BLOCK OF APARTMENTS - NO ADVERTISING NEEDED, PRACTIVELY SOURCED FOR ONE OF OUR PRIORITY CLIENTS.
ARE YOU LOOKING TO SELL WITHIN THIS BLOCK? WE CAN SELL YOUR PROPERTY - FAST!
** A vacant studio apartment in this centrally located block of apartments set close to Church Street, the Train Station and within walking distance of the Marina.
The property has previously been let for £350PCM + with a ready demand, having open plan Lounge and Sleeping area, with a Kitchen off-set and a separate Bathroom.
This property offers a large amount of potential with short term lets, increased rental income to private tenants. SOLD WITH NO ONWARD CHAIN. An ideal investment
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
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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 Tower Chambers Apartments, Tower Street, Hartlepool
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