2-bedroom flat · TS15 9TU
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered chain free, this lovely ground floor apartment would be ideal for first time buyers, young couples, retirees and investors.
The property briefly comprises; entrance hall, living room, kitchen, two bedrooms and a shower room. With the benefit of a pleasant outlook as well as a private rear garden, driveway and garage.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Located on the Layfield estate, close to local schools, shops, medical centre and Yarm train station. A brisk stroll takes you into Yarm High street, with its multitude of cafes, bars and restaurants.
Entrance Hall Double glazed entrance door and a handy storage cupboard housing the alarm system.
Living Room (4.85m x 3.56m) Double glazed window to the front aspect, two radiators, coving and ceiling rose.
Kitchen (2.67m x 1.98m) Fitted with a range of wall and base units with work surfaces over incorporating a single sink and drainer unit.
Integrated appliances include; an electric oven and induction hob with extractor hood over. Space for a washing machine and fridge/freezer.
Wall mounted boiler, part tiled walls, vinyl flooring and a double glazed window to the rear aspect.
Master Bedroom (3.86m x 3m) Double glazed window to the front aspect, fitted wardrobes, wall light and radiator.
Bedroom Two (3m x 2.74m) Radiator, coving, ceiling rose and double glazed French doors giving direct access to the rear garden.
Shower Room (2.2m x 1.93m) Fitted with a white three piece suite briefly comprising; corner shower cubicle, pedestal wash hand basin and low level WC.
Fully tiled walls, heated towel rail and double glazed window to the rear aspect. Garage With an up and over garage door.
Garden An enclosed paved low maintenance rear garden with gravelled borders and shrubs. Fenced boundaries, handy garden shed and gates access.
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
Agent & docs
FAQ
About Mayes Walk, Durham
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