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See how verdicts work2-bedroom bungalow · TS16 9BD
Sold STCListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale on a shared ownership basis with Thirteen Housing Group, with the option to purchase between 47% and 75%, this modern detached bungalow is situated on a small and exclusive development of just seven bungalows, conveniently located just off Yarm Road.
The property enjoys a pleasant position with direct access to Preston Park Woodland, offering beautiful riverside walks and an abundance of natural surroundings, while Eaglescliffe Train Station and local bus services are close by, making it ideal for those seeking both convenience and a peaceful setting.
Offered to the market with no onward chain, the accommodation is well planned and spacious throughout. A welcoming hallway provides access to all rooms and benefits from two useful storage cupboards.
The modern kitchen/breakfast room is fitted with a range of units and includes integrated appliances comprising an Indesit gas hob, extractor hood, electric oven and fridge/freezer, together with an integrated Hotpoint washing machine.
There are two good-sized double bedrooms, with the main bedroom enjoying direct access to the contemporary wet room.
The wet room also has access from the hallway, providing a practical dual-access arrangement.
The lounge benefits double doors opening directly onto the rear garden, creating an attractive connection between the indoor and outdoor living space.
Externally, the private rear garden is mainly laid to lawn and includes a patio area, ideal for relaxing or entertaining, together with a timber summer house.
To the front, the property has a paved garden enclosed by low-level privet hedging.
A carport provides covered off-road parking, while ample visitor parking is available directly opposite the bungalow.
Entrance Hallway - Lounge - 4.34m x 3.38m (14'3" x 11'1") - Kitchen/Breakfast Room - 3.61m x 3.35m (11'10" x 11') - Bedroom One - 4.65m x 3.18m (15'3" x 10'5") - Bedroom Two - 2.82m x 2.57m (9'3" x 8'5") - Ensuite/Wet Room - 2.34m x 1.88m (7'8" x 6'2") - Aml Procedure - To comply with anti-money laundering regulations (AML) all estate agents must be registered with HMRC.
Gowland White complies with this legislation by using an online AML risk assessment company, approved by the UK Government. Please note that all buyers are charged a fee of £36.00 (inc.
VAT), for each buyer, to cover this process. These fees are payable before we can progress an agreed sale.
Shared Ownership Criteria - A Buyer has the option to purchase between 47% and 75% of ownership. The remaining share is owned by Thirteen Housing Group who will charge rent for their share.
This figure will vary depending on the percentage a Buyer opts to buy. Shared ownership eligibility is: A buyer must be 55 years or over.
Must not have a household income over £80,000 per annum, up to and including £80,000 pa is permitted Must not currently own a home If a home is owned - this must be sold subject to contract and evidence is required.
Must not be able to afford to purchase a home of this type in the current location without the assistance of shared ownership The above criteria is used to assess someone's eligibility for shared ownership.
The second stage of the assessment is a financial assessment by a Mortgage Broker and evidence of funding being approved is required to be submitted to Thirteen Housing Group.
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 Quarry Road, Eaglescliffe, TS16 9BD
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