3-bedroom bungalow · TS17 0HW
Sold STCListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This especially large, individually-built three-bedroom detached bungalow, was all ready a significant size, and has seen since the addition of a 17ft plus, additional rear reception/family room - the perfect place from which to enjoy the beautiful, south-facing gardens.
A space that has enhanced the impressively generous accommodation, that already boasted a spacious feature entrance lobby with storm-porch, a large, front-facing main living room, a 14ft'10 kitchen/breakfast room, three great bedrooms, and the updated family shower room.
Situated within this desirable location, with bungalows as such rarely becoming available, internal inspection is certainly necessary for this property to be fully appreciated.
To the front, divided from the street by dwarf-brick built wall, with established hedge row, you find the extensive block-paved drive and frontage, allowing ample off-road parking for numbers vehicles, and approaching the side garage, measuring over 18ft, with replaced electric from door, and with an adjoining brick-built workshop to the rear.
The rear gardens are a credit, wonderfully maintained, with generous lawn, large patio and an abundance of greenery, and planting, with mature hedge running along the inner of the fence boundaries, sunny and private.
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 Cromore Close, Thornaby
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