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 work2-bedroom bungalow · TS20 1HU
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** For Sale By Auction *** LIVE ONLINE AUCTION *** Taking Bids Now *** Option 2 *** Offered for sale with a guide price of £90,000, this spacious and well-maintained ground floor apartment is ideally suited to downsizers, first-time buyers, or investors seeking a property in the highly desirable Norton area.
The accommodation briefly comprises an entrance hallway, a generous living room with bay window allowing plenty of natural light, a fitted kitchen, two good-sized bedrooms, and a modern shower room.
The layout offers comfortable single-level living, making it an excellent alternative to bungalow accommodation.
Externally, the property benefits from communal grounds and convenient resident parking.
Situated within easy reach of Norton High Street, local shops, amenities, transport links, and healthcare facilities, the property offers both convenience and a peaceful residential setting.
Tenure - Leasehold Council Tax Band A Entrance Hall Double glazed entrance door to entrance hall with wall mounted electric radiator.
Breakfast Kitchen 2.13m x 3.35m With double glazed cantilevered window to the front aspect.
Wall, drawer and floor units including breakfast bar and incorporating a stainless steel sink and drainer unit with mixer tap, plumbing for washing machine, space for under counter fridge and freezer, and space for electric cooker.
Living Room 3.86m x 3.38m With double glazed bay window to the rear aspect, Adam style fireplace and wall mounted electric radiator.
Inner Hall With double door airing cupboard. Bedroom One 2.84m x 2.54m With double glazed window to the rear aspect, fitted wardrobes and electric radiator.
Bedroom Two 3.84m x 1.9m With double glazed window to the rear aspect and built-in cupboard.
Shower Room With double glazed window to the front aspect, corner shower cubicle, wash hand basin, low level WC and panelled walls.
Auction House Disclaimer None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only.
Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts.
The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract.
No member of staff has any authority to make or give representation or warranty in relation to this.
Disclaimer Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence.
The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000 +vat (total £2,400) Auction Administration Fee.
Parking - Garage
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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FAQ
About Ridley Court, Stockton-On-Tees, TS20
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