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 work2-bedroom bungalow · TS17 0BT
Sold STCListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL-PRESENTED TWO-BEDROOM BUNGALOW – NO FORWARD CHAIN – NOT OVERLOOKED – DETACHED GARAGE Situated in a desirable position with an open outlook towards the green belt, this well-presented two-bedroom bungalow offers comfortable single-level living and is ideally suited to those looking to downsize or enjoy the convenience of bungalow living.
Offered to the market with no forward chain, the property is ready for its new owner to move straight in. Upon entering, a spacious hallway provides access to all principal rooms.
The generous lounge is positioned to the front of the property and benefits from a bay window, creating a bright and welcoming reception space.
The fitted kitchen is located to the rear and provides direct access into the garden. There are two well-proportioned bedrooms.
The first bedroom benefits from French doors opening directly onto the rear garden, creating a lovely connection between the indoor and outdoor spaces.
The second bedroom features fitted wardrobes, providing useful built-in storage. The property also benefits from a wet room, complete with a walk-in shower.
Externally, the rear garden is well maintained and thoughtfully divided into two sections, offering a pleasant and versatile outdoor space.
The property also benefits from a front garden with an attractive open aspect overlooking the green belt, as well as a detached garage.
Ideally located close to Thornaby Centre, the property is well placed for a range of local shops, schools, amenities and transport links, making this an excellent opportunity for anyone seeking a well-positioned bungalow in a convenient location.
Early viewing is highly recommended to appreciate the position, presentation and accommodation on offer. Entrance Hallway - Front door, carpet, radiator, loft access.
Lounge - Double glazed bay window to front aspect, carpet, radiator, fire and surround, coved ceiling. Kitchen - Double glazed window to side aspect, door to side access, radiator, gas hob.
Bedroom One - Double glazed window to rear aspect, fitted wardrobes, carpet, coved ceiling.
Bedroom Two - Double glazed window to rear aspect, carpet, radiator, double glazed double doors to rear aspect.
Wet Room - Walk-in shower, wash hand basin, WC, radiator, double glazed window to side aspect.
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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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
FAQ
About Lockerbie Walk, Thornaby, Stockton-On-Tees
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