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 house · TS10 3JD
Sold STCReduced £5k (−7.1%) on 26 OctListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular residential area of Central Redcar, this well-presented two-bedroom mid-terraced home offers an excellent opportunity for first-time buyers and investors alike.
Conveniently located within walking distance of Redcar High Street, local amenities, schools, and excellent transport links, the property combines everyday convenience with comfortable living accommodation.
Internally, the home features a spacious lounge/dining room, providing a versatile living and entertaining space, along with a useful downstairs WC.
To the first floor are two good-sized bedrooms and a family bathroom. Externally, the property benefits from an enclosed rear yard, offering low-maintenance outdoor space.
Offering generous room sizes and a sought-after location, this property represents an ideal purchase for those looking to step onto the property ladder or expand their investment portfolio.
Mains Utilities Gas Central Heating Mains Sewerage No Known Flooding Risk No Known Legal Obligations Standard Broadband & Mobile Signal No Known Rights of Way Tenure - Freehold Council Tax Band A Hallway Dimensions: 3.02m x 0.86m.
Living Room Dimensions: 6.7m x 3.28m. Kitchen Dimensions: 4.04m x 2.16m. Rear Hallway Dimensions: 0.81m x 1.5m. WC Dimensions: 0.74m x 2.18m.
Landing Dimensions: 2.46m x 1.63m. Bedroom One Dimensions: 3.18m x 3.94m.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Muriel Street, Redcar, TS10
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