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 work2-bedroom bungalow · TS11 8BT
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned two-bedroom bungalow situated on Saint George Crescent, New Marske.
The property offers a spacious lounge, fitted kitchen, two bedrooms and bathroom, together with off-road parking, garage and an enclosed rear garden.
The home would benefit from some updating, making it a great opportunity for a buyer looking to modernise to their own taste. Entrance Porch: 2.6m x 1.2m.
A useful entrance porch providing access directly into the kitchen. Entrance Hall: 2.2m x 1.4m. Providing access to the main accommodation, with radiator and space for coats and shoes.
Lounge: 5.1m x 3.9m. A generous reception room with a large window providing plenty of natural light. Featuring a stone-style fireplace with stove and ample space for lounge and dining furniture.
Kitchen: 3.4m x 2.5m. Fitted with a range of wall and base units, work surfaces, integrated oven and gas hob, with a large window providing good natural light. Bedroom One: 4.3m x 3.0m.
A spacious double bedroom with a large window, radiator and plenty of room for bedroom furniture. Bedroom Two: 3.3m x 2.5m.
A good-sized second bedroom with window and radiator, also ideal as a guest room or home office. Bathroom: 2.4m x 1.9m.
Fitted with a panelled bath and glazed shower screen, wash hand basin and WC, with an obscured window providing natural light.
EXTERNAL To the front is a generous gravelled area providing off-road parking and access to the garage. To the rear is an enclosed garden, mainly laid to lawn with paved areas and fenced boundaries.
Garage: A useful garage providing secure parking or additional storage space.
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 St Georges Crescent, New Marske, Redcar And Cleveland
Explore nearby
