We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · TS3 8ED
Listing removedListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A perfect family home for first time buyers and young couples alike looking for a home that's ready to move straight into! The property comprises entrance hall, lounge, dining room and kitchen.
On the first floor there are three bedrooms and a bathroom with a four-piece suite. Externally there are gardens to the front and rear with off street parking and a detached garage as well!
Tenure - Freehold Council Tax Band A GROUND FLOOR Entrance Hall 3.2m x 1.7m With black composite entrance door, radiator, staircase to the first floor, woodgrain effect laminate flooring and security alarm.
Dining Room 3.2m x 3.6m With radiator and woodgrain effect laminate flooring.
Lounge 5.5m x 3.6m With radiator, storage cupboard, woodgrain effect laminate flooring and patio door to the rear garden.
Kitchen 3.4m x 2.2m With white wall, drawer, and floor units, wood block effect roll edge worktop, electric oven, four ring gas hob with white splashback tiles and extractor fan, space for under counter fridge and under counter freezer, space for washing machine, one and a half bowl sink unit, radiator, spotlights in the ceiling, woodgrain effect laminate flooring and UPVC door to the rear garden.
FIRST FLOOR Landing With loft access. Bedroom One 3.8m x 3.5m 3.8m x 3.5m reducing to 3.2m With radiator and woodgrain effect laminate flooring.
Bedroom Two 3.5m x 3.1m 2.8m increasing to 3.5m x 3.1m With radiator and woodgrain effect laminate flooring.
Bedroom Three 2.8m x 2.1m With radiator, woodgrain effect laminate flooring and storage cupboard.
Bathroom 1.7m x 2.5m Modern four-piece suite comprising close coupled WC, wall mounted wash hand basin with white splashback tiles, bath with white splashback tiles, corner shower, chrome towel radiator, woodgrain effect laminate flooring and spotlights in the ceiling.
EXTERNALLY Gardens & Garage To the front there is a well maintained garden and ample off road parking on the Yorkshire cobble style driveway leading to the garage.
To the rear there is a low maintenance fence enclosed garden with patio and gated access to the side. Tenure - Freehold Council Tax Band A AGENTS REF: TM/LS/MID240631/17092024
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 Merlin Road, Middlesbrough
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