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 flat · TS20 2GA
For saleListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewings and offers are invited for this well-presented home, conveniently located for the vibrant Norton High Street. The property offers excellent access to local amenities and community routes.
Ideal rental investment or first home.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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 photographs and measurements have been taken as a guide 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 traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
GUI220316/2 Agents Notes Viewings and offers are invited for this well-maintained two-bedroom apartment in a sought-after location, perfect for first-time buyers or investors.
This charming property enjoys a pleasant position with excellent access to the vibrant Norton Village.
The area boasts a wide array of bars, restaurants, cafes, bistros, shopping facilities, and professional services, ensuring all your needs are met.
Additionally, the apartment is conveniently situated for public transport and major road networks, providing connectivity throughout Teesside and beyond.
With its great location and appealing features, an early inspection of this property comes highly recommended. Don’t miss out on this fantastic opportunity!
Entrance Hall On arriving at this property buyers are welcomed to the Hall with access to all of the accommodation Lounge 4.54m x 3.62m (14' 11" x 11' 11") A good size lounge with double glazed window and space for dining and entertaining.
Kitchen 2.99m x 1.88m (9' 10" x 6' 2") Fitted with a range of Modern Cream base and wall units, drawers and work surfaces together with sink tap and splash backs.
Integrated electric oven with Gas hob and extractor above. There is a double glazed window and space and plumbing for a range of appliances. .
Bedroom 1 3.26m x 3.11m (10' 8" x 10' 2") A good size main bedroom with ample space for a double bed and furniture.
Bedroom 2 3.21m x 2.96m (10' 6" x 9' 9") A great sized second bedroom with double glazed window and space for furniture.
Bathroom 1.93m x 1.87m (6' 4" x 6' 2") Comprising paneled bath with shower over, wc and wash basin. Externally Allocated parking space and visitor parking facilities.
Extra Details Tenure: Leasehold Years remaining on the lease : 80 years approx.
Ground Rent: £40 paid annually to Gala Unity Ground Rent Review Period : TBC Service Charge : £1300 per annum paid to Kingston Service Charge Review Period : TBC Council Tax Band: B Energy Rating : C Agent Note HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered.
As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients.
To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).
This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on.
We elected for this verification process due to the speed, certainty, and accuracy it delivers.
This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.
. The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.
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
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FAQ
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