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See how verdicts work2-bedroom bungalow · TS5 8ES
Sold STCReduced £10k (−4.3%) on 26 OctListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Orrock Property is delighted to present this beautifully renovated two bedroom bungalow, finished to a high standard throughout and situated within the highly sought after Acklam area of Middlesbrough.
Ideally positioned close to a wide range of local amenities, the property has convenient access to supermarkets, cafés, restaurants, pharmacies and everyday convenience stores, while also benefiting from excellent transport connections.
Internally, the property comprises a welcoming central hallway leading to a stylish newly fitted bathroom complete with both bath and separate shower, two generously sized bedrooms, a bright front facing living room, useful storage cupboard, and an impressive open plan kitchen diner featuring a breakfast bar with waterfall style marble worktop and herringbone wood flooring.
The kitchen also provides direct access to the rear garden, offering a private and peaceful outdoor setting with mature trees surrounding the lawned area.
Externally, the property further benefits from a well maintained front garden and a private driveway providing off street parking.
The property has undergone a full renovation, including new flooring and joinery throughout, electrical rewiring and plumbing.
The property is well placed for easy access to Middlesbrough town centre, James Cook University Hospital, the A19 and A66 road networks, together with regular nearby public transport links connecting to surrounding areas across Teesside.
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 Ledbury Drive, Middlesbrough, North Yorkshire, TS5
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