2-bedroom flat · TS23 3UZ
For saleListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in Wallington Court, TS23, this well-presented two-bedroom ground floor flat with ample storage offers an excellent investment opportunity.
The property comprises a spacious lounge, a kitchen, one bathroom, and two bedrooms, all thoughtfully arranged to maximize comfort and functionality.
Additional benefits include allocated parking and a leasehold tenure with approximately 45 years remaining.
Currently let with a tenant in situ paying £500 per calendar month, the flat is sold with no forward chain, making it an ideal purchase for investors seeking immediate rental income.
An EPC rating is awaited. Early viewing is recommended to fully appreciate the potential of this property.
Entry .96m (3'2) TO THE WIDEST POINTS x .94m (3'1) TO THE WIDEST POINTS Entrance via upvc double glazed door. Internal access door to hallway.
Hallway .9m (2'11) TO THE WIDEST POINTS x 3.7m (12'2) TO THE WIDEST POINTS Providing access to lounge, bedrooms and bathroom. Radiator and storage cupboard.
Bedroom 1 3.02m (9'11) TO THE WIDEST POINTS x 3.12m (10'3) TO THE WIDEST POINTS Double glazed window to front aspect and radiator.
Built in wardrobe Lounge 4.35m (14'3) TO THE WIDEST POINTS x 3.29m (10'10) TO THE WIDEST POINTS Upvc double glazed french doors leading to garden. Electric fire. Access to kitchen.
Kitchen 2.7m (8'10) TO THE WIDEST POINTS x 2.4m (7'10) TO THE WIDEST POINTS Fitted wall and base units. Roll top work surfaces. Stainless steel unit, Space and plumbing for washing machine.
Areas for freestanding cooker and fridge/freezer. Tiled splashbacks. Double glazed window to rear aspect.
Bedroom 2 1.99m (6'6) TO THE WIDEST POINTS x 2.54m (8'4) TO THE WIDEST POINTS Double glazed window to rear aspect.
Bathroom 1.67m (5'6) TO THE WIDEST POINTS x 1.99m (6'6) TO THE WIDEST POINTS White suite comprising of panelled bath with shower over, pedestal wash hand basin and low level wc.
Radiator and double glazed window to rear aspect. External Allocated parking space and garden to front.
Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.
You may not reproduce (in whole or in part), modify, decompile, disassemble, or transmit or use for any commercial purpose whatsoever any information from this website without NS Estates prior written consent.
BUYER FEES MAY APPLY
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.
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