1-bedroom house · TS1 4JY
Sold STCListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Buy to Let | Lonsdale Street, TS1 | Up to 19.70 Percent Gross Yield Purchase Price: £67,000 Estimated Refurbishment: £5,000 to £10,000 Potential Rental Income: £750 pcm to £1,100 pcm (£9,000 to £13,200 per year) Situated in the high demand TS1 postcode of Middlesbrough, this spacious residential property on Lonsdale Street represents a outstanding value add buy to let project.
Offered at a competitive £67,000 purchase price, a low cost light refurbishment unlocks exceptional rental returns of up to 19.70 percent gross yield.
Key Investment Highlights Unrivalled Yield Potential: Generates between £750 pcm (£9,000 pa) as a standard residential let up to £1,100 pcm (£13,200 pa) post conversion, offering massive double digit returns.
Value Add Conversion Opportunity: Currently arranged as a large 2 bedroom house with a double reception room, with clear potential to easily convert the layout into a high yielding 3 bedroom home.
Light Refurbishment Project: Requires only minor cosmetic works estimated at £5,000 to £10,000 to bring the property up to premium letting standards.
Prime TS1 Location: Highly attractive to both working professionals and university students due to its close proximity to Teesside University, Middlesbrough town centre, and major transport links.
A rare, high upside asset built to deliver maximum monthly cash flow and rapid equity growth. Contact us today to receive further details or to arrange a viewing.
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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