2-bedroom flat · TS20 2TD
Listing removedListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary An excellent opportunity for the first-time buyer or discerning investor, this well-presented ground floor apartment offers spacious, low-maintenance living in a highly convenient location, just off South Road and within easy reach of the ever-popular and vibrant Norton High Street, renowned for its array of independent shops, bars, and restaurants.
The property is accessed via a private entrance hall, setting the tone for the well-proportioned accommodation throughout.
The lounge is particularly spacious, offering a comfortable and versatile living area, ideal for both relaxing and entertaining.
There are two generously sized bedrooms, providing flexibility for a range of buyers, whether for personal use, guests, or even a home office setup.
The modern kitchen is well-equipped with a range of fitted units and work surfaces, designed to cater to everyday needs, while the bathroom is finished in a contemporary style, offering a clean and functional space.
Further benefits include uPVC double glazing and gas central heating via a combination boiler, ensuring comfort and efficiency throughout the year.
Offered to the market with no onward chain, this property represents a straightforward and appealing purchase, whether stepping onto the property ladder or expanding a rental portfolio.
Early viewing is highly recommended. Council Tax Band: A Tenure: Leasehold Length of Lease: 125 years from 25 December 1984 Annual Ground Rent Amount: 50.00 Annual Service Charge Amount: 708.00
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 33, Carmel Gardens, Stockton-on-Tees
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