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See how verdicts work10-bedroom house · TS17 6DN
For saleListed 627 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two storey former public house converted to 2 x 5 bedroom cluster apartments in 2015 (approx.) The property is of traditional brick construction held under a multi pitched slate tile covered roof with small flat section to rear and painted render to the elevations.
Both flats are of a similar layout and specification comprising an open plan kitchen/ dining/ breakout area, five double bedrooms each with en-suite and laundry room.
The property fronts Thornaby Road on its corner with Sun Street approximately one mile from Thornaby town centre.
The immediate vicinity is a predominantly residential neighbourhood incorporating local amenities including Thornaby Pool and a range of independent businesses including shops, bar/eateries and professional services.
The location lies adjacent to the A66 linking with the A19 within a short driving distance.
Thornaby lies approximately 3 miles south of Stockton, 4 miles south west of Middlesbrough and 13 miles east of Darlington. 10 x en-suite double bedrooms.
The flats are heated by way of an electrically operated heating system (panel heaters to bedrooms) and all lighting is energy efficient LED with motion sensors to the common parts.
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
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FAQ
About 116, Thornaby Road, Thornaby
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