3-bedroom terraced house · TS17 6LT
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a pleasant position within this established residential area, this spacious three-bedroom terraced home presents an excellent opportunity for purchasers looking to create a home to their own taste and specification.
Requiring a degree of modernisation and updating throughout, the property offers generous accommodation and significant potential, making it ideal for first-time buyers, families, or investors alike.
The accommodation is entered via a welcoming entrance hall which provides access to the principal ground floor rooms.
To the front of the property is a well-proportioned reception room, offering ample space for comfortable family living.
A second reception room to the rear provides a versatile area that could be utilised as a dining room, family room, or additional sitting room, with convenient access to the kitchen.
The kitchen is fitted with a range of units and offers scope for refurbishment or redesign to suit modern lifestyles.
There is sufficient space for a range of appliances and further potential to enhance the layout, subject to any necessary consents.
To the first floor, the landing leads to three bedrooms, comprising two generous doubles and a well-sized single bedroom, providing flexible accommodation for a growing family, home office, or guest room.
The family bathroom is complemented by a separate WC, a practical feature for busy households.
Grange Road is situated within Thornaby-on-Tees, a well-established residential area offering a wide range of everyday amenities and excellent transport connections.
The property is conveniently located for local shops, supermarkets, schools and leisure facilities, with Thornaby Town Centre and Teesside Shopping Park both within easy reach.
Thornaby Railway Station provides regular rail services across the region, while the nearby A66 and A19 offer straightforward access to Stockton-on-Tees, Middlesbrough, Darlington and beyond.
Recreational opportunities can be found at the nearby River Tees and Preston Park, making the area a popular choice for families, professionals and commuters alike.
This is a property with genuine potential, offering spacious accommodation and an excellent opportunity for modernisation in a sought-after residential location.
Early viewing is recommended to fully appreciate the size, layout, and scope for improvement on offer.
Property Ownership Information Tenure Freehold Council Tax Band A 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
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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
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FAQ
About 5, Grange Road, Stockton-on-Tees
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