2-bedroom flat · TS4 3SL
Listing removedListed 204 days
Opportunity summary
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About
This very comfortable, well planned, first floor apartment is a simple chain free sale and available to buy fully furnished.
It's really nicely positioned set back from Ladgate Lane and a stone’s throw from Stewart Park and Marton Railway Station.
Middlesbrough Sports Village, James Cook University Hospital and other really useful facilities are also a short walk away.
The layout is great and with almost 800 square feet of well-planned living space, the footprint is larger than some three bedroom 'new build' houses.
Briefly, the accommodation comprises communal entrance hall, private entrance hall, roomy lounge/diner, well equipped breakfast/kitchen with modern units and appliances included, master bedroom with shower room en-suite, second double bedroom and bathroom.
The Ladle is an established, well managed development and has neat cared for communal gardens, residents and visitor’s car parking spaces and security intercom system.
Tenure - Leasehold Council Tax Band D GROUND FLOOR Communal Entrance Hall ' FIRST FLOOR ACCOMMODATION Private Entrance Hall With two storage cupboards and radiator.
Lounge 5.2m x 3.7m With radiator.
Kitchen 4.4m x 3m With shaker design woodgrain effect wall, drawer, and floor units, roll edge worktop, electric oven with four ring gas hob and stainless steel splashback and stainless steel extractor fan, stainless steel sink with mixer tap, space for integrated fridge freezer, washing machine and dryer included, radiator and woodgrain effect laminate flooring.
Bedroom One 3.2m x 3.3m With radiator. En-Suite 2.6m x 1.3m Comprising close coupled WC, pedestal wash hand basin, shower cubicle, radiator, tiled walls and floor and extractor fan.
Bedroom Two 2.8m x 3m With radiator. Bathroom 2.2m x 1.6m Comprising close coupled WC, pedestal wash hand basin, bath, tiled walls, woodgrain effect vinyl flooring and radiator.
EXTERNALLY . Externally there are communal gardens and resident parking.
Tenure - Leasehold Agents Note: Ground Rent: £125 Per Annum Service/Maintenance Charge: £469.62/quarter Council Tax Band D AGENTS REF: TM/LS/MID250040/20012025
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.
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About The Ladle, Middlesbrough
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