2-bedroom flat · TS23 3RQ
Sold STCListed 414 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two double bedroom, ground floor flat in this popular development in Billingham town centre, ideally located close to all local amenities.
Modernised and secure entrance lobby with entry-phone system and lifts. The property comprises; entrance hall, 16 ft.
lounge, kitchen/diner, two double bedrooms, bathroom, separate WC and a large storage room. There is secure parking with these apartments. No Forward Chain. Energy Rating: C-71.
Council Tax Band: A (£1,660.58). Communal Entrance Lobby - Secure entry, stairs & lifts to all floors.
Entrance Hall - Solid entrance door, three stairs to hallway, storage & airing cupboards, dado rail, coving and a radiator.
Lounge - 3.39m x 4.88m (11'1" x 16'0") - Front & side aspect UPVC double glazed windows, feature electric fire with marble effect surround & hearth, coving and a radiator.
Kitchen/Diner - 2.51m x 4.09m (8'2" x 13'5") - Side aspect UPVC double glazed window, a range of base & wall units with rolled work surfaces & tiled splash backs incorporating 1½ bowl stainless steel sink & mixer tap and electric hob with oven below & extractor hood over.
Washing machine, fridge, coving, extractor fan and a wall light. Bedroom One - 3.39m x 2.95m (11'1" x 9'8") - Front aspect UPVC double glazed window, built-in wardrobe, coving and a radiator.
Bedroom Two - 3.39m x 2.77m (11'1" x 9'1") - Front aspect UPVC double glazed window, coving and a radiator.
Bathroom - Panel enclosed bath with electric shower over, pedestal wash basin, fully tiled walls, extractor fan and a radiator. Separate/Wc - Low level WC.
Storage Room - 4.90m x 1.92m (16'0" x 6'3") - Front aspect UPVC double glazed window. ** Notes ** - Leasehold flat. 99 years remaining on the lease.
Service charge for 2024/25 was £1,724.51 which included buildings insurance. Management charge is £176.81-Total Leasehold Charges are £1901.32
Value & comps
No previous sales on record.
Returns
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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 Kennedy Gardens, Billingham
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