2-bedroom flat · TS17 5BU
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a first floor position within this purpose built, smaller block, modern development, This impressive two bedroom apartment is attractive throughout - available with Vacant Possession and ready to move in to.
The superb refitted bathroom is stylishly delivered and certainly a feature worthy of special mention, within the accommodation that briefly comprises entrance hall with storage cupboard, the spacious lounge/diner is to the left with 'French' doors and 'Juliet' balcony, and open plan to the modern fitted kitchen.
Two bedrooms sit on the opposite side of the hall, and separate afore mentioned family bathroom.
Benefitting from secure, intercom access, with allocated parking and extra visitor spaces to the rear, whilst being perfectly situated for local amenities within 'The Heart' of Ingleby Barwick.
* 125 Year lease from January 1st, 2007 * Ground rent £190 per/annum - likely to increase every ten years in line with rpi * Service Charge currently £140.93 per month
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 3, Knebworth Court, Stockton-On-Tees
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