3-bedroom terraced house · TS17 9NN
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for a first-time buyer, young family or investor, this spacious THREE BEDROOM home has been well maintained over the years by the current vendor and offers generous accommodation, excellent storage and impressive outside space.
The property is entered via a generous hallway with useful storage, cloakroom, an open-plan kitchen/diner, ideal for everyday family living and entertaining.
A separate lobby provides doors opening directly onto the rear garden, whilst the spacious lounge enjoys a pleasant outlook over the garden.
To the first floor are three well-proportioned bedrooms together with the family bathroom. The home benefits from an abundance of storage throughout, adding to its practical and versatile layout.
Externally, the property continues to impress with a generous enclosed rear garden, providing an excellent space for families and outdoor entertaining.
Further benefits include off-street parking and a garage.
Conveniently positioned close to Thornaby Town Centre, the property is within easy reach of local shops, amenities and bus routes, making it ideally placed for everyday needs and transport connections.
Viewing is highly recommended to appreciate the space and potential this property has to offer.
Entrance Hallway - Carpet flooring, entrance door, storage cupboards, 1 x double glazed window and 1 x radiator. Cloakroom - w/c, wash hand basin, 1 x double glazed window.
Kitchen/Diner - 2 x double glazed windows, storage cupboard, radiator and gas boiler. Hallway - Double glazed door to rear, stairs to upper level and carpet flooring.
Lounge - 2 x radiators, carpet, 1 x double glazed window. Landing - Carpet flooring, 1 x radiator, storage and double glazed window.
Bedroom - Carpet flooring , fitted robes, double glazed window and radiator. Bedroom - Carpet flooring, radiator and double glazed window Bedroom - Carpet flooring, radiator and double glazed window.
Bathroom - Double glazed window, bath, shower, w/c, wash hand basin and carpet flooring
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 Lancaster Way, Thornaby, Stockton-On-Tees
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