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See how verdicts work1-bedroom house · TS19 0AB
For saleListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description The property is a former care home converted to provide 58 apartments, arranged as 15 studios, 42 one beds and 1 two bed.
The block sits in a U-shaped layout around a courtyard with a shared private garden, landscaped areas, 13 on-site parking spaces and a secure bike store.
It is of traditional masonry construction beneath a pitched tiled roof, over three floors with a uniform floorplate.
Internally, the apartments provide modern, practical accommodation with fitted kitchens and good quality bathrooms.
Location St Paul's Court is located on St Paul's Street, a short walk from Stockton town centre, within an established residential area offering convenient access to a wide range of local amenities.
Stockton Railway Station is within easy walking distance, and several bus routes operate nearby, providing straightforward links across the town and surrounding districts.
Contact the selling agent directly: Freehold converted block of 58 apartments Shared private gardens, on-site parking and bike store Combination of studios, one-bed and two-bed apartments Refurbished in 2023 98% of the apartments hold an EPC rating of 'C' Fully let producing a total gross income of £378,420 pa Estimated Rental Value (ERV) of £420,000 pa Reversionary and value-add asset management opportunity Guide price of £3,400,000 reflects 11.13% Gross Yield
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
FAQ
About St Pauls Court Apartments, St Pauls Street, Stockton-On-Tees, Durham, TS19 0AB
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