4-bedroom house · TS1 4QJ
Sold STCListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** SOLD INSTANTLY WITHOUT THE NEED FOR ANY ONLINE MARKETING!! WE REQUIRE SIMILAR PROPERTIES WITHIN THE TOWN CENTRE DUE TO BUYER DEMAND. ALL CONDITIONS SUITABLE FOR VARIOUS BUYERS.
IF YOU ARE CONSIDERING SELLING A PROPERTY WITHIN THE 'TS1' POSTCODE AREA PLEASE CONTACT THE TEAM FOR A FREE NO OBLIGATION DISCUSSION AND PROPERTY APPRAISAL.
** A spacious property with accommodation spread over three storeys that has been converted into self contained flats / bedsits.
The property is being sold with vacant possession and needs a large and exhaustive programme of repair and refurbishment throughout.
On completion of the required works the property would be suitable for utilising as a 'student let' property, or accommodation for contractors / professionals.
Being within a matter of ten minutes walk to the University of Teesside main campus, as well as having various shops and amenities within close proximity and public transport links nearby its ideally positioned for a high yielding investment
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 Crescent Road, Middlesbrough
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