2-bedroom flat · TS20 1FL
Listing removedListed 138 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chesterfield House is a fine example of modern day living with a mix of character charm. 11 exclusive apartments and 3 houses make up this stunning development.
Viewing is really a must to appreciate the care and attention to detail that has been put into these wonderful properties.
In brief this property offers generous well-proportioned living accommodation comprising of reception hall, kitchen & utility room, generous lounge, two double bedrooms, the master providing en-suite bathroom facilities and further cloakroom WC.
Externally, the property sits in a wonderful, gated development with parking for two vehicles.
The delightful grounds are accessed via automatic vehicle gates on an induction loop as well as a pedestrian access and the ability to enjoy the substantial communal grounds.
As for a location, Mill Lane sits adjacent to Norton Green and in turn onto Norton High Street with its many local shops and eateries.
Further afield there are excellent transport links via road, rail, and air. REQUIREMENTS THIS IS A NON-SMOKING PROPERTY.
COUNCIL TAX BAND Provided by Stockton Borough Council TAX BAND 'E' DEPOSIT £1350.00
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.
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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 Mill Lane, Norton, Stockton-On-Tees
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