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 work3-bedroom property · TS12 2DG
For saleListed 1113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to purchase 2x leasehold Apartments situated on a quiet road between Skelton & Boosbeck.
The ground floor 1 bedroom apartment has been recently refurbished with Dining Room/Office as well as a spacious lounge and kitchen.
The upstairs apartment has large lounge/dining room as well as 2x bedrooms to the front & kitchen & bathroom to the rear. The property has also recently had renovations to the roof.
Both properties are currently tenanted on an AST contract however the ground floor apartment is due to become vacant. Rental incomes are £395 PCM for ground floor and £368 PCM for 1st floor.
Tenure Details: Leasehold - 952 Years remaining - £0 Ground Rent & Service Charge EPC Rating: Flat 47: D Rating/ Flat 47A: Awaiting Certificate Council Tax Band: Both apartments: A Apartment 47A (Upstairs) - Entrance Hall - UPVC double glazed front door, stairs leading to 1st floor.
Lounge/Dining Room - 3.54 x 4.85 (11'7" x 15'10") - Carpeted, radiator, fire surround, UPVC double glazed window, storage cupboard, phone point.
Kitchen - 3.72 x 2.93 (12'2" x 9'7") - Laminate flooring, flooring, radiator, stainless steel sink + drainer, UPVC double glazed window, plumbed for washing machine, extractor hood.
Internal Hall - UPVC double glazed window, cupboard housing combi boiler. Bathroom - 1.65 x 1.89 (5'4" x 6'2") - Toilet, UPVC double glazed window, wash hand basin, bath with electric shower over.
Internal Hallway - Leading to front 2 bedrooms. Bedroom 1 - 3.70 x 2.40 (12'1" x 7'10") - Carpeted, radiator, UPVC double glazed window.
Bedroom 2 - 2.76 x 2.31 (9'0" x 7'6") - Carpeted, radiator, UPVC double glazed window. Apartment 47 (Downstairs) - Lounge - 3.78 x 3.99 (12'4" x 13'1") - UPVC double glazed front door + window.
Carpeted. Radiator. Phone point. Fuse Board. Electric Meter. Dining Room/ Office Area - 3.46 x 2.30 (11'4" x 7'6") - Carpeted. Radiator. Internal Window.
Bedroom - 3.47 x 2.61 (11'4" x 8'6") - Carpeted, UPVC double glazed window, built in storage cupboard. Kitchen - 3.51 x 2.85 (11'6" x 9'4") - Tiled flooring. Radiator. UPVC double glazed window.
Range of wall, base and draw units. Electric Cooker (gifted). Plumbed for washing machine. Internal Hallway - External hardwood door leading to rear shared yard. Storage cupboard housing combi boiler.
Bathroom - 1.64 x 1.84 (5'4" x 6'0") - Tiled flooring. Radiator. Toilet. Wash hand basin. Panel bath. UPVC double glazed window. Electric shower over bath. Shared Rear Yard - Concrete base.
Gate Leading to rear alley.
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 Boosbeck Road, Skelton-In-Cleveland
Explore nearby
