2-bedroom flat · TS24 0WL
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A smart, two bedroom first floor apartment, with immaculate common areas.
Warmed by gas central heating and Upvc double glazed windows.Entrance, Hallway with fitted storage cupboard , comfortable lounge with French doors leading to balcony area, Fully fitted modern cream kitchen/ breakfast room with a host of appliances, 2 bedrooms, master bedroom having fitted wardrobes & fully tiled bathroom with 4 piece suite.
Outside - allocated parking. Within walking distance of the Marina & its restaurants. Close to all town centre amenities.
ENTRANCE With radiator and built in storage cupboard MASTER BEDROOM 3.2004m x 2.921m - 10'6" x 9'7" With double glazed window , single central heating radiator, quality range of built-in wardrobes.
BATHROOM Fitted with a quality white four-piece suite comprising panelled bath, walk-in shower cubicle, pedestal wash hand basin, low-level w.c., single central heating radiator, double glazed frosted window , fully tiled walls and matching flooring.
BEDROOM 2 2.7178m x 2.4384m - 8'11" x 8'0" Has double glazed window with sea view, central heating radiator.
LOUNGE 4.445m x 3.7846m - 14'7" x 12'5" With double glazed French doors leading to balcony, double central heating radiator.
KITCHEN/BREAKFAST AREA 3.7338m x 2.2606m - 12'3" x 7'5" Fitted with a quality range of wall and base units having contrasting work surfaces incorporating a stainless steel sink unit having mixer tap and drainer, central heating radiator, wooden flooring, built-in oven, microwave & stainless steel extractor hood, integrated dishwasher, washer/dryer.
EXTERNALLY To the front of the property there is a balcony area. To the rear of the property there is allocated parking.
EPC HOLDING DEPOSIT To reserve this property we will charge a holding deposit of 1 weeks rent.
This is calculated at monthly rent x 12 / 52If we approve your tenancy and you proceed with the rental, the holding deposit will become part payment towards your initial rentIf we approve your tenancy and you do not proceed with the rental, the holding deposit will be retained by dowenIf we reject your tenancy application, the holding deposit will be returned to you, in full REDRESS For redress we subscribe to The Property Ombudsman for Estate Agents, Milford House, 43 - 55 Milford Street, Salisbury, Wiltshire, SP1 2BP Tel: Web: BONDS Bonds on managed properties are registered with My Deposits, 1st Floor, Premiere House, Elstree Way, Borehamwood, Hertfordshire, WD6 1JH Tel: Web: CLIENT MONEY Our Client Money Protection Scheme is RICS, 12 Great George Street, Parliament Square, London, SW1P 3AD Tel web:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 advisors 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.
Area
Agent & docs
FAQ
About DRAKE HOUSE, MARINA, HARTLEPOOL, TS24
Explore nearby