2-bedroom house · TS17 8JT
Listing removedReduced £5k (−3.7%) on 7 AugListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superb property has recently come to market and offers the significant advantage of having no onward chain, making it an ideal and straightforward purchase.
Set on an impressive and generously sized plot, the home presents an excellent opportunity for a wide range of buyers.
The ground floor comprises a welcoming entrance hallway that leads into a bright and spacious open-plan lounge and dining area, perfect for both relaxing and entertaining.
To the rear, there is a well-proportioned kitchen offering ample space for cooking and storage, with pleasant views over the garden.
Upstairs, the property features two generously sized double bedrooms, both offering comfortable accommodation and plenty of natural light, along with a well-appointed family bathroom.
Externally, the property truly stands out. The substantial plot includes gated access, a private driveway providing off-road parking, and a large rear garden ideal for outdoor enjoyment.
With the appropriate permissions already in place, there is exciting potential to extend or further develop the property, making it a fantastic opportunity to create a larger family home or add value.
Overall, this is a rare chance to acquire a property with both immediate appeal and future potential, all in a desirable and versatile setting.
Entrance Hall Stairs to upper, carpet flooring, radiator and entrance door.
Lounge/Diner 1 x front bay double glazed window, 1 x side double glazed window, carpet flooring, 2 x radiator', fire/surround and access to the kitchen.
Kitchen 1 x rear double glazed window, radiator, storage cupboard and side access to the rear. Landing Carpet flooring and loft access.
Bedroom 1 x front double glazed bay window, storage cupboard, fitted robes, 1 x radiator and carpet flooring. Bedroom 1 z rear double glazed window, radiator and carpet flooring.
Bathroom External Outhouse, driveway and gated entrance. Front and rear gardens.
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
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FAQ
About 37, Millbank Lane, Stockton-On-Tees
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