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 bungalow · TS25 5DE
For saleReduced £25k (−11.4%) on 17 OctListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold as seen! Cash purchase only!
Igomove are pleased to offer to the market this detached double bay fronted three bedroom bungalow, situated within an established residential location and offering considerable potential for refurbishment and improvement.
The property represents an excellent investment opportunity and, once renovated, would provide a fantastic home for someone wishing to put their own stamp on a property, with scope to add value and create a superb family home.
The accommodation comprises; entrance hallway, lounge, kitchen/dining, two double bedrooms and one of single proportions, bathroom, further benefits include; gas central heating, some new double glazing, decorative coving and ornate plasterwork to many of the rooms, two feature fireplaces, block paved off-road parking, walled front garden, gardens and detached garage.
Due to the current lack of kitchen and bathroom facilities, the property is suitable for cash buyers only and is to be sold as seen.
The property is approached via a walled front garden with mature shrubbery alongside a block paved driveway providing off-road parking and access towards the detached garage.
A side elevation door provides entrance into the property. The entrance hallway is of generous proportions and benefits from two windows which provide an abundance of natural light.
Decorative coving and ornate plasterwork to the ceiling add character and retain some of the property's original charm.
The lounge is a good size reception room with a feature fireplace, decorative coving and ornate plasterwork to the ceiling, providing an excellent space which could be transformed into an attractive principal living area.
The kitchen/Dining requires complete replacement and currently provides a blank canvas from which a purchaser can design and install a kitchen to their own specification.
The main bedroom provides a well-proportioned space and features a second fireplace alongside decorative period detailing, offering flexibility for a variety of uses once refurbishment is complete.
Two of the bedrooms are of double proportions and offer excellent potential, with the property's decorative detailing continuing through much of the accommodation.
The third bedroom is of single proportions.
The bathroom also requires complete replacement, allowing the successful purchaser the opportunity to create a modern bathroom suite entirely to their own taste and requirements.
Externally, the property benefits from garden areas and a detached garage, with the generous plot providing further scope to enhance the outside space as part of the overall renovation.
This substantial bungalow presents a superb opportunity for a cash purchaser looking for a comprehensive renovation project in an established location.
With generous accommodation, character features, off-road parking, a detached garage and considerable potential to add value, the property could become a fantastic home once the required works are completed.
Offered for sale as seen, early viewing is strongly encouraged to fully appreciate the potential this property has to offer - contact Igomove today.
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
.png)
FAQ
About 228, Stockton Road, Hartlepool
Explore nearby