2-bedroom terraced house · TS17 8BS
Listing removedListed 106 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**DEPOSIT ALTERNATIVE AVAILABLE** Two Bedroom Mid Terrace Property, Cul-De-Sac with Central Green. Modern Kitchen & Bathroom. Utility & Ground Floor WC. Two Double Bedrooms.
Gas Central Heating, Double Glazing. Set in a Cul-De-Sac Position, Two Bedroom Mid Terraced with rear garden and off street parking.
Affordability - £22,500 Holding Fee - £173.07 Bond - £865.38 Council Tax - A GROUND FLOOR Lounge 4.7m x 3.6m into alcoves and bay With UPVC double glazed entrance door to a spacious lounge with radiator, bay window and built-in cupboards to alcoves.
Dining Room 3.64m x 2.52m With radiator and woodgrain effect laminate flooring.
Utility Room Fitted with a range of floor units, wood effect work surface, plumbing for washing machine, wall mounted combination boiler, tiled walls and WC with built-in wash hand basin and mixer tap.
Kitchen 3.33m x 2.23m Fitted with a range of pine wall, drawer, and floor units with complementary work surface, four ring gas hob, stainless steel sink with drainer, tile effect vinyl flooring and UPVC door to the rear garden.
FIRST FLOOR Landing With access to the loft. Bedroom One 4.56m x 3.29m With radiator. Bedroom Two 3.5m x 3.25m With radiator.
Bathroom Fitted with a white three-piece suite comprising freestanding bath with mixer tap and shower attachment, wash hand basin, WC, fully tiled walls and woodgrain effect laminate flooring.
EXTERNALLY .
To the front there is a hardstanding garden and alleyway access leading to the low maintenance rear garden with astro turf, concrete patio area and outdoor double electric plug socket.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 Newby Grove, Thornaby
Explore nearby