3-bedroom terraced house · TS17 9EJ
Let agreedListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An Impressive Three Bedroom Mid Terraced Townhouse Offering Generous Accommodation Set Out Over Three Floors Comes to The Market.
EPC Rating: C Entrance Hall Composite entrance door, wood effect vinyl floor, radiator, and staircase to the first floor.
Cloak Room Fitted with a white two-piece suite comprising wash hand basin with tiled splashback, low level WC, radiator, electric extractor fan and woodgrain effect vinyl flooring.
Kitchen / Diner 3.4m x 4.1m 13'7 (max) x 11'2 (max) Fitted with a range of high gloss wall, drawer, and floor units with complementary work surfaces and stainless steel sink with mixer tap over.
Electric oven and four ring gas hob with tiled splashback and electric extractor fan over. Integrated fridge freezer, dishwasher and washing machine. Woodgrain effect vinyl flooring.
Lounge 3.4m x 4.42m With radiator, deep under stairs storage cupboard and double French doors open to the rear garden.
Bedroom 2.8m x 4.42m Bedroom 2.41m x 3.07m Bathroom Fitted with a white three-piece suite comprising panelled bath with mixer tap over and tiled splashback, WC, and wash hand basin.
Electric extractor fan and vinyl flooring. Study / Office 1.98m x 1.98m With radiator, built in cupboard with combi boiler and stairs to the second floor.
Bedroom Master 4.42m x 4.95m 16'3 (max) x 14'6 (max) Master suite with radiator, two Velux window and built-in wardrobes.
Gardens To the front there is an Astro turf lawn, flagstone pathway leading to the front door.
Enclosed rear garden with large flagstone patio area and it is not directly overlooked at the back.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Richmond Place, Thornaby, TS17
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