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 · TS16 9DT
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within this desirable 'Egglescliffe' location, and surrounded by similar bungalows, whilst being juts a stroll into Yarm High Street and the fabulous amenities that brings.
Sitting on the northern side of the Crescent, which means it also enjoys the lovely green back drop with views over greenery and farmland.
Beautifully appointed, very much improved and extended, internal inspection is strongly advised, whilst the bungalow is available for sale with 'No Forward Chain'.
Finished to the front in a striking render, with a lengthy drive that approaches the garage, which benefits from built in storage accessed from the side and rear.
The front garden is laid mainly to a well-tended lawn, complimented at the rear with a lovely enclosed garden, bringing patios, lawn, and hedge borders, backing on to the farmland.
Internally, the accommodation briefly comprises a welcoming entrance hall, generous lounge with feature fireplace, two great bedrooms, a modern refitted shower room, fitted kitchen with utility addition, and rear dining/garden room with 'French' doors to the garden.
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
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FAQ
About 59, Grisedale Crescent, Yarm
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