3-bedroom house · TS3 7LZ
For saleReduced £15k (−15.8%) on 8 JulListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** sold with A tenant in situ and an income of £600PCM thus an annual return of £7200.
We however feel that A rental income of £675-700PCM is more suitable which would raise the gross yield to 8.5% at asking price.
** Being sat on a more than generous corner plot with large gardens to the rear this three bedroom property has also been well maintained and cared for internally with modern decoration and a modern high gloss finish Kitchen amongst other features.
Having an abundance of space the property in brief comprises of an entrance hall, a spacious 'all-in-one' Lounge / Dining Room, an 'L-shaped' breakfast Kitchen and a downstairs W.C.
To the first floor are three well sized Bedrooms and a Family Bathroom.
The Garden to the rear adds the wow factor, yielding a far larger than average area of lawn, with fenced boundaries and additional patio area directly outside of the property.
Arguably this property boasts one of the largest gardens within the direct area so makes it ideal for anyone wishing to occupy that has a demand for outside space as well as family sized living accommodation within.
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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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 20, Chantry Close, Middlesbrough
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