2-bedroom bungalow · TS17 0LA
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This especially impressive, and spacious two double bedroom bungalow really is a fine example of its kind, and early inspection is strongly recommended.
Having undergone, recent, and significant updating throughout, both internally and externally, this is a property that is 'turn key' ready, and can be purchased with reassurance that no large expenditure is likely to be needed.
The double glazing has been fully replaced, including two sets of rear 'French' doors, along with the front and side access doors.
The heating system has been fully replaced, and quality refitted 'Oak' internal doors are throughout. The modern kitchen and stylish refitted shower room are also feature worthy of special mention.
Tasteful and attractive, the internal accommodation very briefly comprises an entrance hall, spacious lounge, open-plan kitchen/diner, inner-hall, refitted shower room, and two double bedrooms, both with robes.
The large loft is professionally half-boarded, and can be accessed from a replaced hatch with drop-down ladder and lighting.
Externally, the re-laid resin drive allows ample off-road parking and approaches the garage, continuing to a path to the entrance and wrapping around the rear, along side the garage, where you find the westerly facing rear garden, with large re-laid patio, lawn and rear border of greenery and mature planting.
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 Bassleton Lane, Thornaby
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