We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · TS17 9BY
Sold STCListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NO CHAIN SALE *** *** BRAND NEW KITCHEN INSTALLED, PRIOR TO MARKETING *** On the market, this two bedroom semi-detached bungalow, positioned on a large corner plot, within a quiet cul de sac, located close to Thornaby Town Centre, Stockton On Tees.
With good public transport links, and many local amenities a short walk away.
The property briefly comprises of; entrance hall, good sized living room, brand new installed fitted kitchen to the rear, with a walk-in shower bathroom, and two double bedrooms.
Externally, the property has a wrap around garden, on a corner plot, with predominately lawn, and outbuilding, greenhouse and patio area.
For a viewing contact SMITH & FRIENDS - Estate Agents Darlington, Early viewing is highly recommended. *** Photos are for Illustration Purposes showing furniture and improving the lawns.
Contact Smith & Friends Ingleby Barwick for further information. Viewings in advised.
*** Entrance Hall - 1.05m x 3.58m (3'5" x 11'8") - Living Room - 4.30m x 3.62m (14'1" x 11'10") - Kitchen - 3.30m x 2.59m (10'9" x 8'5") - Bedroom 1 - 3.13m x 3.89m (10'3" x 12'9") - Bedroom 2 - 3.13m x 2.57m (10'3" x 8'5") - Family Bathroom - 2.01m x 2.60m (6'7" x 8'6") -
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 Raisdale Close, Thornaby, Stockton-On-Tees
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