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See how verdicts work1-bedroom flat · TS7 9PN
For saleReduced £5k (−7.1%) on 26 OctListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introduction This one-bedroom flat in Ormesby offers a fantastic opportunity for first-time buyers or those looking to downsize.
Recently modernised throughout, the property combines practical living with a fresh, contemporary feel.
Its location and layout make it a convenient and appealing choice for anyone seeking an affordable home in a well-connected area.
Ground Floor The property is accessed via a secure intercom entry system into a shared lobby. From here, stairs lead up to the first floor where the flat is located.
The ground floor also provides access to a large, enclosed communal area, offering a safe and private outdoor space for residents to enjoy.
First Floor Inside, the flat begins with a porch area, ideal for coats and shoes, leading into a bright lounge complete with built-in storage.
The modern kitchen is well designed, fitted with an electric hob and oven, alongside freestanding appliances for added convenience.
The bathroom has been updated to include a bath, wash basin and WC, the recent modernisation, giving the property a ready-to-move-in appeal.
Externally Externally, the property benefits from on-street parking and access to the spacious communal grounds, which provide a pleasant outdoor area for leisure or relaxation.
The combination of secure entry, shared outdoor space and practical parking options makes this flat both functional and welcoming. General Information Tenure: Leasehold.
Billing authority: Redcar & Cleveland Band: A Disclaimer Harvey Brooks Properties Ltd (the Company).
The Company for itself and for the vendor(s) or lessor(s) of this property for whom it acts as Agents gives notice that: (i) The particulars are a general outline only for the guidance of intending purchasers or lessees and do not constitute an offer or contract (ii) All descriptions are given in good faith and are believed to be correct, but any prospective purchasers or lessees should not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness (iii) All measurements of rooms contained within these particulars should be taken as approximate and it is the responsibility of the prospective purchaser or lessee or his professional advisor to determine the exact measurements and details as required prior to Contract (iv) None of the property's services or service installations have been tested and are not warranted to be in working order (v) No employee of the Company has any authority to make or give any representation or warranty whatsoever in relation to the property.
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.
Area
Agent & docs

FAQ
About Hornbeam Close, Ormesby
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