2-bedroom flat · TS17 9RF
Listing removedListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Whether you are in the market for your first home or looking for a rental, with some small finishing touches this two-bedroom first floor flat could be the ideal purchase.
The property has a modern kitchen and bathroom, gas central heating and is offered to the market with a CHAIN FREE Sale. Briefly comprising entrance hall with storage on the ground floor.
The first floor has landing, two bedrooms, lounge/dinner, kitchen with modern units and bathroom with white suite. Outside there is a south facing rear communal garden.
Tenure - Leasehold Council Tax Band A GROUND FLOOR Entrance Hall ' FIRST FLOOR Landing ' Kitchen 3.28m x 2.6m Lounge Diner 4.1m x 3.23m Bedroom 3.89m x 3.23m Bedroom Two 2.97m x 2.24m excluding wardrobes Bathroom 2.13m x 1.68m EXTERNALLY .
The front of the property is pedestrianised and there is a shared southerly facing rear garden.
Agents Note: Ground Rent: £106.17 PA Service Charge: £176.81 PA Tenure - Leasehold Council Tax Band A AGENTS REF: MH/LS/ING120404/30012026
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
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FAQ
About Ternbeck Way, Thornaby
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