3-bedroom bungalow · TS17 9QJ
Listing removedListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This deceptively spacious semi-detached bungalow features great internal space with three bedrooms, two bath/shower room, two reception rooms, is located overlooking green fields and has been extended to create a wonderfully sized property.
The home comprises porch, hall, large lounge, kitchen, dining room, three bedrooms (bedroom two with en-suite) and family bathroom.
Outside there is pedestrianised front access with a lawn garden and generous rear garden with patio and lawn.
Other features include a detached garage with double access, gas central heating and aluminium double glazing.
Tenure - Freehold Council Tax Band C GROUND FLOOR Entrance Porch ' Kitchen 3.05m x 2.87m Lounge 5.8m (max) x 5m (max) - 5.8m (max) x 5m (max) Dining Room 3.45m x 2.54m Bedroom One 4.42m (max) x 3.15m (max) - 4.42m (max) x 3.15m (max) Bedroom Two 3.45m x 2.46m En-Suite ' Bedroom Three 3.45m (max) x 2.64m - 3.45m (max) x 2.64m Bathroom EXTERNALLY Gardens & Parking The front of the property is pedestrianised and there is a lawned front garden with mature bush borders.
Side gated access leads to the generous rear garden with large concrete patio area, lawn, detached garage with up and over door and side access and there is gated access to a rear driveway.
Tenure - Freehold Council Tax Band C AGENTS REF: MH/LS/ING260261/20052026
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
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FAQ
About Rissington Walk, Thornaby
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