2-bedroom flat · TS8 9NB
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Joseph Harris is pleased to present this Two Bedroom ground floor flat ideally situated for local amenities within Hemlington and a 10 minute drive to James Cook University Hospital.
Property Benefits from DG & GCH.
Accommodation Comprises of entrance hallway with laminate flooring that continues through into the lounge which has a door leading into communal gardens, newly installed kitchen with hob, oven and extractor hood, 2 bedrooms, bathroom including shower, WC and wash hand basin.
Viewing is highly recommended to appreciate the accommodation on offer. Valid until: 18th May 2036 Certificate Number: 9411-3062-5205-0136-6200 Council Tax Band = A Council Tax Band: A
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Melton Walk, Hemlington, TS8 9NB
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