2-bedroom flat · TS24 7DN
Sold STCReduced £10k (−22.2%) on 18 JulListed 330 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** the property is being sold tenanted and generates A rental income of £500 pcm thus A gross yield of 13.3% or 10.6% net of service charges / ground rent etc ** A highly spacious two bedroom apartment set in this period, character building located centrally within hartlepool.
The apartment is located on the first floor which has both stairs and lift access for ease of entry. The apartment building has A secure entry system activated via A phone within the flat.
Once in the apartment there is an entrance hall, spacious lounge diner, A bathroom, A lounge, two bedrooms of which one has A further ensuite bathroom.
The property boasts high ceilings, character features throughout and being sold tenanted offers immediate healthy returns albeit long term there could be an opportunity to maximise the income by offering to two workers etc due to the size, layout and availability of two bathrooms.
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 Flat 5, Marina View, 80, Church Street, Hartlepool
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