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See how verdicts work2-bedroom flat · TS23 3UZ
For saleReduced £5k (−7.1%) on 23 MayListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom first floor flat located in Wallington Court, TS23, offered for sale.
This leasehold property benefits from approximately 45 years remaining on the lease and comprises a spacious lounge, kitchen, one bathroom, and two bedrooms.
Additional features include allocated parking and access to an enclosed garden, enhancing the living experience.
Currently sold with a tenant in situ, the property generates a rental income of £500 per calendar month, making it an attractive investment opportunity.
Please note the property has an EPC rating of C. Early viewing is recommended to fully appreciate the potential of this first floor flat. Entrance Entrance via upvc double glazed door.
Stairs to first floor. Landing 2.25m (7'5) TO THE WIDEST POINTS x 1.13m (3'8) TO THE WIDEST POINTS Providing access to lounge, bedrooms and bathroom. Storage cupboard.
Bedroom 1 3.07m (10'1) TO THE WIDEST POINTS x 3.81m (12'6) TO THE WIDEST POINTS Double glazed window to front aspect and radiator. Built in storage cupboard.
Lounge 4.36m (14'4) TO THE WIDEST POINTS x 3.33m (10'11) TO THE WIDEST POINTS Double glazed window to front aspect and radiator. Access to kitchen.
Kitchen 2.69m (8'10) TO THE WIDEST POINTS x 2.43m (8') TO THE WIDEST POINTS Fitted wall and base units, roll top work surfaces, stainless steel sink unit. Built in oven, hob and extractor.
Space and plumbing for washing machine. Area for freestanding fridge/freezer. Double glazed window to rear aspect.
Bathroom 1.68m (5'6) TO THE WIDEST POINTS x 1.98m (6'6) TO THE WIDEST POINTS White suite comprising of panelled bath with shower over, pedestal wash hand basin and low level wc. Partial tiled walls.
Radiator and double glazed window to rear aspect. Bedroom 2 3.03m (9'11) TO THE WIDEST POINTS x 2.59m (8'6) TO THE WIDEST POINTS Double glazed window to rear aspect and radiator.
Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales 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 measurements have been taken as a guide to prospective buyers 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 travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.
You may not reproduce (in whole or in part), modify, decompile, disassemble, or transmit or use for any commercial purpose whatsoever any information from this website without NS Estates prior written consent.
BUYER FEES MAY APPLY
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.
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FAQ
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