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See how verdicts work1-bedroom flat · TS24 0UX
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** SOLD WITH TENANT *** A modern one bedroom self-contained first floor apartment. Marina House is a modern converted apartment block comprising of 47 apartments.
They are located on the Marina which offers excellent shopping and leisure facilities. The front of the apartment block overlooks the Marina, with the seafront being a short distance away.
It should be economical to manage having electric heating and uPVC double glazing.
The floor plan briefly comprises; communal entrance via key coded telephone entry system, stairs to all floors, private entrance hall, open plan lounge/kitchen/breakfast area, the kitchen area having a built-in oven, hob and extractor, good sized bedroom and a bathroom/WC which is fitted with a white suite and chrome fittings.
CURRENTLY TENANTED AT £525PCM.
Entrance Hall - 1.40m x 2.06m (4'7 x 6'9) - Accessed via private entrance door, fitted carpet, built-in storage cupboard with plumbing for washing machine, access to open plan lounge and kitchen, alongside the bedroom.
Open Plan Lounge/Kitchen - 2.90m x 5.13m (9'6 x 16'10) - Seating/Dining Area - uPVC double glazed window with attractive waterfront views, fitted carpet, two storage heaters.
Kitchen Area - Fitted with a range of units to base and wall level with contrasting work surface in an 'L' shaped layout incorporating an inset single drainer stainless steel sink unit with mixer tap, built-in electric oven with four ring touch hob above and extractor hood over, space for free standing fridge/freezer, 'laminate' effect flooring, inset spotlighting to the ceiling.
Bedroom - 2.59m x 4.39m (8'6 x 14'5) - A good size bedroom which, again, enjoys waterfront views, fitted carpet, storage heater, access to the bathroom.
Bathroom/Wc - 1.50m x 2.06m (4'11 x 6'9) - Fitted with a three piece white suite and chrome fittings comprising: panelled bath with mixer tap and shower attachment over, pedestal wash hand basin with central mixer tap, low level WC, tiling to splashback, extractor fan, inset spotlights, chrome heated towel radiator.
Nb - Floorplans and title plans are for illustrative purposes only. All measurements, walls, doors, window fittings and appliances, their sizes and locations, are approximate only.
They cannot be regarded as being a representation by the seller, nor their agent.
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
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FAQ
About Marina House, Harbour Walk, Hartlepool
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