We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · TS17 8ND
Listing removedReduced £25k (−22.7%) on 2 AugListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Smith & Friends Estate Agents are pleased to present this beautifully refurbished property, offering a fantastic opportunity for both first-time buyers and investors alike.
Finished to a high standard throughout, the home has been thoughtfully updated to provide modern, comfortable living in a convenient and well-established residential area.
Situated in the ever-popular location of Thornaby, the property benefits from excellent access to a wide range of local amenities, including shops, schools, and transport links, all within easy reach.
This makes it an ideal choice for those seeking both convenience and community.
Internally, the property has been significantly improved, featuring a stylish, contemporary kitchen fitted with modern units and fixtures, alongside a newly installed bathroom designed with both practicality and comfort in mind.
The refurbishment ensures the home is ready to move straight into, with no further work required.
Externally, the property offers on-street parking to the front, while to the rear there is a private courtyard space, perfect for low-maintenance outdoor enjoyment.
Early viewing is highly recommended to fully appreciate the quality and appeal of this superb home. Entrance Hallway UPVC front entrance door, stairs to upper level, carpet.
Lounge Carpet, spot lights, radiator, double glazed bay window to front aspect. Kitchen Two double glazed windows to rear aspect, spot lights, flooring, radiator, uPVC door. To rear aspect.
Landing Carpet, loft access. Bathroom Bath, shower, wash hand basin, WC, spot lights, heated towel rail, cupboard, double glazed window to rear aspect.
Bedroom One Double glazed window to front aspect, radiator, carpet. Bedroom Two Double glazed window to rear aspect, radiator, carpet.
Bedroom Three Double glazed window to front aspect, carpet, radiator.
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
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FAQ
About Otterburn, Laburnum Avenue, Stockton-On-Tees
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