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See how verdicts work1-bedroom flat · TS24 7PT
Listing removedListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** sold with tenant in situ *** An ideal investment opportunity, we are pleased to offer for sale this conveniently located one bedroom apartment.
With an annual income of £5,400 per year, it offers a great opportunity for a buy to let investor.
The apartment comes with an allocated parking space, stairs and lift access to each floor, secure telecom entry and is conveniently located adjacent to Middleton Grange Shopping Centre and Hartlepool College.
The layout comprises: Entrance hall which leads into an open plan lounge and kitchen, the kitchen area including a range of built-in appliances, with a separate bedroom and bathroom which incorporates a three piece white suite.
Lease information, service charges and ground rent are available upon on request. Park Tower Apartments Communal Entrance Accessed via secure telecom entry.
Entrance Hall Accessed via secure entrance door with glazed inserts, modern laminate flooring, cloaks rack, access to: Open Plan Lounge & Kitchen Lounge Area (3.38m x 3.23m (11'1 x 10'7)) Modern laminate flooring, large double glazed window, wall mounted electric radiator.
Kitchen Area (3.96m x 2.62m (13' x 8'7)) Fitted with a range of units to base and wall level with brushed stainless steel handles and contrasting work surfaces incorporating an inset single drainer stainless steel sink unit with mixer tap, built-in electric oven, hob and extractor over, tiling to splashback, integrated fridge/freezer, recess with washing machine, tiled flooring.
Bedroom (2.87m x 2.69m (9'5 x 8'10)) Double glazed window, fitted carpet, wall mounted electric radiator.
Bathroom (2.67m x 1.75m (8'9 x 5'9)) Fitted with a three piece white suite comprising: Panelled bath with mixer tap and shower attachment, protective glass shower screen, inset wash hand basin with mixer tap, concealed WC with vanity area above, 'marble' style tiled walls, tiled flooring, extractor fan, inset spotlighting.
Externally The property benefits from an allocated parking space adjacent to the building and various communal areas. Nb Floorplans and title plans are for illustrative purposes only.
All measurements, walls, doors, window fittings and appliances, their sizes and locations, are approximate only. They cannot be regarded as being a representation by the seller, nor their agent.
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
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.
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FAQ
About 114, Park Tower, Hartlepool
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