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 work1-bedroom house · TS20 1RB
Listing removedListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming one bedroom semi detached bungalow is ideally situated on The Glebe in the popular Norton area.
Offered with no onward chain, the property provides a fantastic opportunity for downsizers or investors.
The accommodation is well presented throughout and benefits from UPVC double glazing and gas central heating.
Inside, you will find an inviting entrance hall leading to a comfortable lounge, a modern kitchen and dining area, and a stylish bathroom featuring a walk-in shower.
There is also a handy storage cupboard with access to a boarded loft, perfect for additional storage needs.
The location is convenient for local shops and bus routes, making every-day living easy and accessible. The bungalow enjoys gardens to both the front and rear.
This property represents a rare opportunity to secure a well-located bungalow with ample outdoor space in a sought-after area.
Please Note: The side garden area does not form part of the property’s legal title.
The current owners have enjoyed full use of this space; however, it is not legally included within the ownership of the property.
Buyers are advised to make their own enquiries regarding use and tenure.
While we have made efforts to ensure the accuracy of the information provided in our sales particulars, please note that we have gathered this information from the seller.
Should you require further details or clarification on any specific matter, we kindly request you to contact our office where we are ready to gather evidence or conduct further investigations on your behalf.
It is important to note that Northgate has not tested any of the services, appliances, or equipment within this property.
Therefore, we strongly recommend that prospective buyers arrange for their independent surveys or service reports before finalising the purchase of the property.
EPC Rating: D Entrance Hall (1.23m x 5.12m) Lounge (3.55m x 4.13m) Kitchen (3.14m x 3.75m) Bathroom (2.13m x 2.14m) Bedroom 1 (3.55m x 3.41m) Disclaimer While we have made efforts to ensure the accuracy of the information provided in our sales particulars, please note that we have gathered this information from the seller.
Should you require further details or clarification on any specific matter, we kindly request you to contact our office where we are ready to gather evidence or conduct further investigations on your behalf.
It is important to note that Northgate has not tested any of the services, appliances, or equipment within this property.
Therefore, we strongly recommend that prospective buyers arrange for their independent surveys or service reports before finalising the purchase of the property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 9 Hanover Court, Stockton-On-Tees
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