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 semi-detached house · TS15 9XZ
Listing removedListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** A superb opportunity to acquire an affordable home on a 35% shared ownership basis ** This well presented and ready-to-move-into modern two bedroom semi-detached home is situated on the outskirts of the popular market town of Yarm, in Stockton-on-Tees, North Yorkshire, and is ideally positioned within easy reach of local shops, amenities and transport links.
Available with no upward chain, the property is approached via a welcoming entrance hall with stairs rising to the first floor.
The spacious, light and airy living room provides an excellent space in which to relax and entertain, with useful understairs storage and access to a practical guest wc.
To the rear of the property is the impressive dining kitchen, fitted with a range of modern units, space for appliances and room for a breakfast table and chairs, making it ideal for everyday dining.
French doors open directly onto the rear garden and patio, creating a lovely connection between the indoor and outdoor living spaces.
To the first floor are two generously proportioned bedrooms, along with a stylish modern bathroom.
Externally, the property benefits from a driveway to the front providing off-road parking for two cars, while to the rear is a private, low-maintenance garden with a patio area, providing an attractive space for outdoor seating and entertaining.
This delightful home represents an ideal opportunity for a first-time buyer looking to take their first step onto the property ladder through shared ownership.
Early viewing is highly recommended to appreciate the accommodation of offer and avoid missing out.
Prospective purchasers will be required to complete an application form with Broadacres Housing Association to confirm affordability before an offer is accepted.
To arrange a viewing, you can book online via our website or app, or alternatively phone our main number found on Google.
If the property advert is displayed on Rightmove, you can use the brochure link in the full property description.
Property Ownership Information Tenure Leasehold Council Tax Band A Annual Ground Rent £3,862.20 Ground Rent Review Period No review period Annual Service Charge No service charge Service Charge Review Period No review period Lease End Date 29/08/3014 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
Agent & docs
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FAQ
About 4, Cherry Tree Drive, Yarm
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