2-bedroom terraced house · TS1 4PU
For saleReduced £10k (−14.3%) on 25 JulListed 714 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a Tradional Two Bedroom Mid Terraced House we potential to be made into a Three Bedroom within close proximity to Middlesbrough Town Centre & Teesside University.
This Property Benefits from Double Glazing, Gas Central Heating and a Rear Yard.
Accommodation Comprises of Downstairs Bedroom, Lounge, Kitchen with Built in Electric Hob & Oven, Downstairs Bedroom comprising of a Three Piece White Suite, to the First Floor there are Two Bedrooms.
Entrance Hallway Wooden Front Door, Electric Meter, Fuse Box, Radiator, Smoke Alarm. Downstairs Bedroom 10'05 x 9'04 Double Glazed Window to Front Aspect, Radiator, Gas Meter.
Lounge 12'08 x 12'02 Double Glazed Window to Rear Aspect, Radiator.
Kitchen 14'01 x 6'05 Double Glazed Window to Rear Aspect, Radiator, Electric Hob, Oven, Extractor Fan, Chrome Sink, Mixer Tap, Boiler, Wall/Base Units, Worktops, Splashback Tiling.
Bathroom 10'09 x 604 Double Glazed Windows to Rear Aspect, Radiator, 3 Piece White Suite, Chrome Fittings, Cladded Walls/Ceiling, Light Fitting. Stairs Landing Smoke Alarm.
Bedroom 1 - 13'03 x 10'00 Double Glazed Window to Front Aspect, Radiator. Bedroom 2 - 13'03 x 12'04 Double Glazed Window to Rear Aspect, Radiator.
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 106, Essex Street, Cleveland
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