2-bedroom flat · TS23 3XA
Listing removedListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two double bedroom first floor flat with the benefit of an extended lease until 2161. The property comprises; entrance hall & landing, lounge, kitchen, two double bedrooms and bathroom.
There is an enclosed, mostly lawned garden to the rear. Energy Rating: D-55. Council tax band: A (£1,660.58).
Entrance Hall/Landing UPVC entrance door, stairs to first floor, access to loft and a cupboard housing hot water cylinder.
Lounge (4.36m x 3.27m (14'3" x 10'8")) Front aspect UPVC double glazed window and an electric radiator.
Kitchen (2.76m x 2.42m (9'0" x 7'11")) Rear aspect UPVC double glazed window, base & wall units with rolled worksurfaces with a sink unit & mixer tap.
Bedroom One (3.04m x 3.82m (9'11" x 12'6")) Front aspect UPVC double glazed window. Bedroom Two (3.07m x 2.71m (10'0" x 8'10")) Rear aspect UPVC double glazed window and a built-in cupboard.
Bathroom/Wc Rear aspect UPVC double glazed window, panel enclosed bath with electric shower over, pedestal wash basin, low level WC, tiled splashback and an electric radiator.
Externally There is an enclosed, mostly lawned garden to the rear of the property. ** Notes ** Leasehold. Lease extended until 31/8/2161
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 8, Butsfield Way, Billingham
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