3-bedroom terraced house · TS23 3JB
Let agreedListed 49 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THREE-BEDROOM HOME | TWO RECEPTION ROOMS | SPACIOUS KITCHEN/DINING AREA | GARAGE | FRONT GARDEN & SPACIOUS REAR YARD Letcentric is pleased to offer this spacious three-bedroom home on Gilside Road, Billingham.
The property provides approximately 1,055 sq ft (98 sq m) of accommodation and offers a particularly versatile ground-floor layout, with two reception rooms and a large L-shaped kitchen with additional dining space.
GROUND FLOOR The spacious kitchen is fitted with a range of modern white units and includes integrated appliances.
There is a fitted breakfast counter with two stools, which are included with the property.
In addition to the breakfast area, the kitchen has sufficient open space for a small dining table and four chairs, making it a particularly practical kitchen/dining space.
There are two separate reception rooms.
The larger main lounge provides generous living space, while the second reception room can be used as an additional lounge, dining room, home office or family room.
The ground floor also benefits from a useful pantry/WC with its own sink. FIRST FLOOR Upstairs there are three bedrooms.
The main bathroom has a walk-in shower and wash basin, with a separate WC located off the landing.
OUTSIDE The property benefits from a front garden, a spacious enclosed rear yard and a garage, providing useful additional storage space.
LOCATION Ideally positioned in an established residential area of Billingham, the property is particularly convenient for families and professionals.
St Michael’s Catholic Academy is approximately a quarter of a mile away, with St Joseph’s Catholic Primary School, Oakdene Primary Academy and other local schools also nearby.
Everyday shopping is convenient, with Tesco close by, while Billingham town centre provides a wider range of shops, services and leisure facilities.
Billingham railway station and local bus services are also within easy reach. The property enjoys an attractive outlook over nearby green open space, adding to the pleasant residential setting.
PROPERTY FEATURES • Three bedrooms • Two reception rooms • Spacious L-shaped kitchen • Space for a small dining table and four chairs • Fitted breakfast counter with two stools included • Integrated kitchen appliances • Walk-in shower room • Separate first-floor WC • Ground-floor pantry/WC with sink • Front garden • Spacious rear yard • Garage • EPC rating C IMPORTANT ANIMAL-FREE PROPERTY INFORMATION The property is offered as an animal-free home due to the landlord's longstanding clinically documented medical condition involving a severe phobia of animals, birds and other living creatures.
Prospective tenants will be made aware of this requirement before the letting is agreed and will be asked to confirm that they understand and accept the animal-free basis on which the property is being offered.
Further property-specific conditions will be set out clearly before the tenancy is entered into.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Gilside Road, Billingham, Stockton-on-tees
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