2-bedroom flat · TS4 3SL
Listing removedListed 288 days
Opportunity summary
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About
A brilliant launching pad for a first time purchaser or a safe 'READY TO GO!' Buy-to-Let' rental property.
This very on-point, extremely well looked after first floor apartment definitely merits a few moments of your time for a viewing.
The Ladle is a most attractive, well-managed development with lovely views across Ladgate Lane towards Stewart Park. Marton Railway Station is only a few minutes’ walk away.
James Cook University Hospital, Middlesbrough Sports Village and a multitude of other useful facilities are also close by. Refurbished and decorated with a modern, contemporary feel.
The accommodation comprises communal entrance hall, private vestibule, private hallway, open plan living/eat-in kitchen with a super-smart range of modern shaker design cabinets and built-in appliances, two double bedrooms (master bedroom has a shower room en-suite) and principal bathroom with a modern white suite.
Outside, there are well kept communal gardens, allocated residents parking spaces and ample visitor parking space.
Other notable features include security intercom system, central heating with a combi boiler and UPVC double glazed windows. A first class place which definitely deserves an internal inspection.
Tenure - Leasehold Council Tax Band C GROUND FLOOR Communal Entrance Hall ' FIRST FLOOR Private Vestibule ' Hallway With radiator and two storage cupboards.
Lounge 4.7m x 3.5m With radiator.
Kitchen 3m x 1.8m With shaker design wall, drawer, and floor units, roll edge worktop, electric oven, four ring gas hob with stainless steel extractor fan and stainless steel splashback, stainless steel sink, integrated fridge freezer and washing machine, and spotlights in the ceiling.
Bedroom One 3.9m x 2.8m With radiator. En-Suite 2.3m x 1.8m Comprising close coupled WC, pedestal wash hand basin, shower cubicle, spotlights in the ceiling, extractor fan and radiator.
Bedroom Two 3.1m x 2.7m With radiator and two storage cupboards.
Bathroom 1.8m x 2m Comprising close coupled WC, pedestal wash hand basin, bath with splashback tiles, spotlights in the ceiling, extractor fan and radiator. EXTERNALLY .
Externally there are communal gardens, designated parking space and visitor parking.
Agents Note: Service/Maintenance Charge: TBC Ground Rent: TBC Tenure - Leasehold Council Tax Band C AGENTS REF: TM/LS/MID250628/07012026
Value & comps
No previous sales on record.
Returns
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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.
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About The Ladle, Middlesbrough
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