2-bedroom flat · TS26 8LT
Listing removedReduced £10k (−14.3%) on 30 JunListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Igomove take pleasure in listing this rare to the market two bedroom purpose built, refurbished first floor apartment situated in a highly desirable residential area close to amenities including Ward Jackson Park, it offers several sought after features such as; two well proportioned bedrooms, modern shower room, contemporary kitchen, excellent lounge, well attended grounds, parking facilities, garage, UPVC double glazing, electric storage heating, fitted blinds, modern decor, new carpeting, leasehold.
Well presented building with communal entrance with intercom system. Private door into; entrance vestibule. Entrance hallway with fitted storage/ utility.
Bedroom one is a front aspect double, contemporary decor. Bedroom two is located to the rear and is of double proportions, excellent decor.
The good size lounge has a rear elevation window, with modern decor, decorative coving and contemporary wall mounted electric fire.
Stylish kitchen fitted with modern wall, base and drawer cabinetry, complementary surfaces, tiled backsplash, space for freestanding oven, plumbing for washing machine, space refrigerator, stainless sink with mixer tap, tiled floor.
Modern shower room comprising oversized shower enclosure, WC and wall mounted wash basin, complimentary tiling.
Outside, there are well maintained lawned gardens, parking, garage and large outdoor storage facility.
Recently refurbished, offered with vacant possession, with a service charge of £101 per month and with 69 years left to the lease, this rarely available property is a must see, contact Igomove who will be happy to arrange your viewing.
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
Agent & docs
FAQ
About 53, Oval Grange, Hartlepool
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