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See how verdicts work3-bedroom bungalow · TS26 0BH
Listing removedListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Online Auction End Date and Time is : 12th March AT 1.00pm***This property is being offered at a starting bid of £200,000 plus a reservation fee.
It is listed for sale by iamsold in association with Dowen Estates Agents. For more information and to arrange a viewing, please contact Dowen Estate Agents Hartlepool at .
Situated on the leafy and highly desirable Elwick Road, this very rare gem—The Bungalow—is a three-bedroom detached residence tucked away just off Tunstall Lane.
Offering a private setting via a private access road, the property provides both seclusion and convenience within one of the most sought-after areas of Hartlepool, close to Ward Jackson Park and a selection of highly regarded schools.
Although in need of some updating, the property oozes potential and presents an exciting opportunity for buyers looking to create a bespoke home in a prestigious location.
The accommodation briefly comprises: a welcoming vestibule, split-level dining room, and a lengthy lounge which can only be imagined to be flooded with natural light during the summer months.
There is a spacious kitchen and a long central hallway leading to a modern shower room and three generously sized bedrooms, with the master bedroom benefiting from its own ensuite bathroom.
Externally, the property features a garden to the front, a driveway and a good-sized garage with double wooden doors.
The external drone photograph was taken in recent years and is used for illustration purposes to provide an indication of the property's footprint.
Rarely available in such a prime and private setting, early viewing is strongly recommended to avoid disappointment, as we anticipate high levels of interest in this exceptional opportunity.
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 4.50% 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 Vestibule Entered via a UPVC door and double glazed UPVC side panel window.
Hallway Double glazed UPVC frosted window to the side and storage cupboard.
Dining Area 4.3942m x 2.8448m - 14'5" x 9'4" Double glazed UPVC window to the side and also to the rear, wood panel ceiling and stairs leading to the lounge.
Lounge 8.4582m x 3.683m - 27'9" x 12'1" Two double glazed patio doors to the front, stone feature fire place, with display plinths, housing electric fire and panel ceiling.
Kitchen 4.2926m x 2.6416m - 14'1" x 8'8" Fitted with a range of wall and base units, having heat resisting work surfaces, incorporating stainless steel sink unit with twin drainer.
Double glazed window to the side, UPVC external door and splashback tiling. Inner Hallway Double glazed frosted window to the side.
Shower Room Fitted with a three piece suite, comprising a wash hand basin, WC and walk in shower.
Double glazed frosted window to the side, access to the roof void, fully tiled walls and large walk in storage cupboard.
Bedroom Three 3.1242m x 2.54m - 10'3" x 8'4" Double glazed window to the side and built in wardrobes.
Bedroom Two 3.1496m x 2.2352m - 10'4" x 7'4" Double glazed window to the side and built in wardrobes.
Bedroom One 3.6576m x 2.8702m - 12'0" x 9'5" Double glazed window to the rear and built in wardrobes.
Ensuite Fitted with a four piece suite comprising a panel bath, bidet, pedestal wash hand basin and WC. Part tile walls and double glazed window to the front.
Outside Externally, we have gardens, driveway and a larger than average garage. Garage 5.1816m x 4.3434m - 17'0" x 14'3" Double wooden doors, power and lighting.
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 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 The Bungalow, Elwick Road
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