1-bedroom flat · TS17 6JR
Sold STCListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description 1-Bedroom Flat for Sale in Thornaby, TS17 | Investment Opportunity with Tenant in Situ An excellent opportunity for landlords and investors looking to acquire a buy-to-let property with a tenant already in situ and rental income being generated from day one.
This well-positioned 1-bedroom flat in Thornaby, TS17, is currently let to a tenant paying £475 per calendar month, providing an existing rental income stream for the new owner.
The property offers comfortable and practical accommodation, comprising a bright living area, fitted kitchen, good-sized bedroom and a modern bathroom.
The property also benefits from on-street parking. Located in Thornaby, the property is conveniently positioned close to local shops, supermarkets, transport links and other everyday amenities.
Its location provides easy access to Stockton-on-Tees, Middlesbrough and the surrounding areas, making it an appealing location for both tenants and investors.
For investors, the key attraction is the existing tenancy and established monthly rental income, allowing the purchaser to take on a property that is already producing an income rather than waiting for a new tenant to be found.
Current Rental Income: £475 per calendar month Tenant in Situ: Yes Property Type: 1-Bedroom Flat Location: Thornaby, TS17 This is a great opportunity for an investor seeking an affordable buy-to-let property with a tenant already in occupation.
Contact Westbrooke Estate Agents for further information or to discuss this investment opportunity Council Tax Band: C
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 advisors 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 32a Gilmour Street, Stockton-on-Tees
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