Modern Method of Auction
Auction date not yet published
1-bedroom flat · TS18 1LN
For saleListed 817 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fanastic property for first time buyers or investors on Dovecot Street Stockton!
Book your viewing today on Important Information Important Information – Making Your Home Purchase Simple Thank you for viewing with us today.
We hope you found the property interesting and would be happy to answer any additional questions you may have.
How to Make an Offer If you’d like to proceed with an offer on this property, we’ve made the process straightforward and transparent.
Here’s what you’ll need: Identification • Valid passport or driving licence. For Cash Purchases • Evidence of cleared funds by way of a bank statement.
For Mortgage Purchases • Evidence of deposit by way of a bank statement. • Decision in principle from your lender.
• If you need mortgage advice or assistance obtaining a decision in principle, we’re here to help and can arrange this for you.
Legal Services We work with a panel of trusted solicitors and can provide competitive quotes for conveyancing services to make your purchase process smoother. Please ask us for a quote!
Selling Your Property? If you have a property to sell, we’ll be happy to provide a free, no-obligation valuation.
Our comprehensive marketing package includes: • Professional photography • Detailed floor plans • Virtual property tour • Listings on Rightmove, Zoopla, and On the Market Next Steps Once you’re ready to make an offer: 1.Contact our office.
2.Have your supporting documents ready. 3.We’ll present your offer to the seller and keep you updated.
Terms & Conditions / Disclaimers •All property particulars, descriptions, and measurements are provided in good faith but are intended for guidance only.
They do not constitute part of any offer or contract. Prospective buyers should verify details to their own satisfaction before proceeding.
•Photographs, floor plans, and virtual tours are for illustrative purposes and may not represent the current state or condition of the property.
•Any reference to alterations or use of any part of the property is not a statement that any necessary planning, building regulations, or other consent has been obtained.
Buyers must make their own enquiries. •We reserve the right to amend or withdraw this property from the market at any time without notice.
•Anti-Money Laundering (aml) regulations: In line with current UK legislation, we are required to carry out aml checks on all buyers and sellers.
A fee will apply for these checks, and this charge is non-refundable. Your offer cannot be formally submitted to the seller until these compliance checks have been completed.
•By making an enquiry or offer, you consent to your details being used for the purposes of identity verification and compliance with aml regulations.
•Our agency does not accept liability for any loss arising from reliance on these particulars or any information provided.
•All services, appliances, and systems included in the sale are assumed to be in working order, but have not been tested by us.
Buyers are advised to obtain independent surveys and checks as appropriate. For further details or clarification, please contact our office directly.
Auction Information This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Entrance Hallway From the secure communal hallway you will enter the property through a new wooden door which gives access to the bathroom, open plan kitchen/reception room, bedroom and storage cupboard.
Open Plan Kitchen And Reception Room The open plan kitchen & reception room benefits from two large UPVC windows gaining from a lot of natural light.
This property compromises of a Wood effect lino and Beige Carpet along with a large electric radiator for warmth.
The kitchen consists of white storage units and dark work tops which stand out against the freshly painted white walls.
Bedroom One The bedroom consists of one large and one small UPVC Window, white walls, Beige carpets and a large electric radiator. The bedroom is the perfect size for a double bed and storage units.
Bathroom The bathroom in this apartment is compact but benefits from a new modern bathroom suit and shower cubical and grey wall tiles making it low maintenance.
Storage From the hallway you will be able to access a ample size storage cupboard for those accessories that need to be hidden away.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisors 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 24, Flat 2, Dovecot Street, Stockton-on-tees
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