2-bedroom house · TS10 5AY
Listing removedListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the top floor of the purpose built Zetland House development, this well proportioned two bedroom apartment offers low maintenance, high demand residential accommodation in Dormanstown, Redcar.
A prime buy-to-let investment offering an exceptional potential yield of up to 15%, making it an unbeatable addition to any property portfolio and a true turnkey investment opportunity.
Offered for sale with immediate vacant possession, call us today to organise your viewing appointment.
Tenure: Leasehold Council Tax: Redcar & Cleveland Band A EPC Rating: C Open Plan Living/Dining Room (5.26 x 3.80 (17'3" x 12'5")) Double glazed window to the rear aspect. Parquet flooring.
A range of fitted wall and base units with granite effect roll top work surfaces. Stainless steel sink unit with mixer tap.
Bedroom One (3.25 x 2.95 (10'7" x 9'8")) Double glazed window to the rear aspect. Carpeted. Bedroom Two (2.94 x 2.51 (9'7" x 8'2")) Double glazed window to the rear aspect.
Shower Room (2.46 x 1.08 (8'0" x 3'6")) A modern suite comprising of a low level WC, pedestal wash hand basin and a glass shower enclosure. Panelled walls. Parquet flooring.
Allocated Parking Space To the rear of the property is an allocated parking space for one vehicle.
Disclaimer Please note that all measurements contained in these particulars are for guidance purposes only and should not be relied upon for ordering carpets, furniture, etc.
Anyone requiring more accurate measurements may do so by arrangement with our office.
Our description of any appliances and / or services (including any central heating system, alarm systems, etc.) should not be taken as any guarantee that these are in working order.
The buyer is therefore advised to obtain verification from their solicitor, surveyor or other qualified persons to check the appliances / services before entering into any commitment.
The tenure details and information supplied within the marketing descriptions above are supplied to us by the vendors.
This information should not be relied upon for legal purposes and should be verified by a competent / qualified person prior to entering into any commitment.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 12 Zetland House, Broadway West, Redcar
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