1-bedroom flat · TS5 5BB
Listing removedListed 377 days
Opportunity summary
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About
A light and airy one bedroom ground floor apartment with south facing terrace, resident parking and ample visitors parking. With tenant already in situ, the property would suit an investor.
The property comprises communal entrance hall, private entrance hall for the accommodation, lounge/kitchen with a good range of units as well as an eat-in breakfast bar, modern bathroom, and double bedroom with storage.
Tenure - Leasehold Council Tax Band A GROUND FLOOR Communal Entrance ' Private Entrance Hall 1.1m x 2.18m With electric radiator.
Lounge/Kitchen 2.97m x 5.64m With oak wall, drawer and floor units, marble effect roll edge worktop, electric oven and four ring electric hob with stainless steel extractor unit and stainless steel splashback, stainless steel sink with draining board, washing machine, under counter fridge and freezer and space for dishwasher.
Woodgrain effect lino flooring, spotlights, electric radiator and sliding door opening to the sun terrace. Bedroom 2.8m x 2.74m With built-in wardrobes and electric radiator.
Bathroom 1.98m x 2.06m Comprising close coupled WC with hidden cistern, vanity wash hand basin, bath with shower, chrome towel radiator, extractor fan, and tiled floor.
EXTERNALLY Private Terrace Private south facing sun terrace. Parking Allocated parking for flat and ample visitors parking.
Agents Note: Ground Rent: £110 PA Service/Maintenance Charge: Ask Agent Tenure - Leasehold Council Tax Band A AGENTS REF: TM/LS/MID220628/29092022
Value & comps
No previous sales on record.
Returns
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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 Maddren Way, Linthorpe
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