2-bedroom house · TS17 0YL
Listing removedListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this two-bedroom terraced home is situated in the ever-popular Beckfields area of Ingleby Barwick and presents an excellent opportunity for first-time buyers, investors, or those looking to put their own stamp on a property.
Priced to reflect the modernisation required, this home offers fantastic potential and has been competitively marketed for a quick sale.
The accommodation briefly comprises an entrance porch leading into a generous living room featuring an electric fire with a feature fireplace. To the rear is a kitchen/diner with access to the garden.
To the first floor are two bedrooms, including a good-sized double and a single bedroom, along with a family bathroom.
Externally, the property occupies a pleasant position overlooking a green open space to the front, while the rear garden is mainly laid to lawn, enjoys a good degree of privacy as it is not overlooked, and provides access to two allocated parking spaces.
Ideally located within walking distance of Beckfield Shops and close to highly regarded schools, amenities, and excellent transport links, this property offers superb value for those seeking a home with potential in one of Ingleby Barwick's most sought-after locations.
Early viewing is highly recommended. This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction.
The Modern Method of Auction is a flexible buyer friendly method of purchase.
We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete.
Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance.
Upon close of a successful auction or if the vendor accepts an offer. For sale by auction.
Starting bid price £105,000 Ground Floor Entrance (1.46m x 1.02m (4'9" x 3'4")) Living Room (3.52m x 4.17m (11'6" x 13'8")) Kitchen (3.55m x 3.07m (11'7" x 10'0")) First Floor Landing (1.95m x 1.57m (6'4" x 5'1")) Bedroom 1 (3.57m x 3.29m (11'8" x 10'9")) Bedroom 2 (1.95m x 3.26m (6'4" x 10'8")) Bathroom (1.50m x 2.32m (4'11" x 7'7")) Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
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
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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
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FAQ
About 6, Haresfield Way, Ingleby Barwick
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