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See how verdicts work2-bedroom flat · TS17 6PR
Listing removedListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor apartment that comes to the market with a tenant in situ, generating a rental income of £7,500 PA and featuring gas central heating, UPVC double glazed windows, intercom system and allocated parking.
Comprising entrance lobby, entrance hall with storage, open plan kitchen/diner/living area, two double bedrooms with two shower/bathrooms.
Tenure - Leasehold Council Tax Band B FIRST FLOOR Entrance Hall ' Open Plan Living / Dining Area & Kitchen 7.10m × 6.20m Bedroom One 4.37m × 4.06m Bedroom Two 4.37m × 3.04m Bathroom 3.83m × 3.04m En-Suite 3.09m × 2.06m EXTERNALLY Allocated/Visitor Parking ' Agents Note: Ground Rent: £50 PA Service/Maintenance Charge: £1514.92 PA Buyers Identification Check(s) Should a purchaser(s) have an offer accepted on a property marketed by Michael Poole Estate Agents they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.
We use a third party service to verify your identity; this is not a credit check and will have no effect on credit history. The cost of these checks is £36 inc.
VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
Tenure - Leasehold Council Tax Band B AGENTS REF: MH/LS/ING240128/11062026
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 Sun Gardens, Thornaby
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