3-bedroom flat · TS23 3RQ
Listing removedReduced £2.3k (−3.5%) on 15 OctListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally located in Billingham town centre, close to all amenities and shops, we are delighted to offer this spacious three bedroom, third floor flat in the popular Kennedy Gardens development.
There is a bright, airy and secure entrance lobby with entry-phone system and lifts. The property itself comprises; entrance hall, 20 ft.
Lounge with balcony, kitchen/diner, three bedrooms with built-in wardrobes, bathroom and a separate WC. There is secure residents parking with these apartments. No Onward Chain. Energy Rating: C-77.
Council Tax Band: A (£1,740.93). Communal Entrance Lobby Secure entry, stairs & lifts to all floors. Entrance Hall Composite entrance door, large storage cupboard, airing cupboard and a radiator.
Lounge (3.36m x 6.30m (11'0" x 20'8")) Side aspect full length UPVC double glazed window & door opening onto the balcony, and a radiator.
Kitchen/Diner (2.52m x 4.08m (8'3" x 13'4")) Side aspect UPVC double glazed window, a range of modern wood effect base & wall units with rolled work surfaces & matching upstand incorporating a stainless steel sink & mixer tap.
Electric cooker, washing machine, fridge, and a radiator. Bedroom One (3.57m x 2.79m (11'8" x 9'1")) Front aspect UPVC double glazed window, built-in wardrobe and a radiator.
Bedroom Two (3.36m x 2.77m (11'0" x 9'1")) Front aspect UPVC double glazed window, built-in wardrobe and a radiator.
Bedroom Three (4.18m x 2.13m (13'8" x 6'11")) Front aspect UPVC double glazed window, built-in wardrobe and a radiator.
Bathroom Panel enclosed bath with electric shower over, pedestal wash basin, part tiled walls, extractor fan and a radiator. Separate/Wc Low level WC. ** Notes ** Leasehold flat.
101 years remaining on the lease. Service/maintenance charges, ground rent & insurance are approx. £2,120 / year.
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 94, Kennedy Gardens, Billingham
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