1-bedroom flat · TS12 1AS
For saleReduced £9.5k (−5.3%) on 12 AugListed 347 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available on the open market, a truly beautiful Grade II Listed 1-bedroom ground-floor apartment, boasting sea views to the front aspect. A fantastic first-time buy / second home opportunity.
Situated directly in the heart of Saltburn's thriving Town Centre, the Garde II Listed 'Balmoral House' is home to several luxury apartments.
Flat 2, located on the ground floor of the building, boasts an open-plan kitchen & living room, with stunning open sea views to the front aspect.
With a perfect blend of original Victorian features & modern luxuries in an idyllic location, this beautiful apartment will make a perfect second home or first-time buy, Tenure Details: Share of Freehold.
Please note: Due to lease restrictions, holiday lettings are not permitted. Tenure Charges: £100 per month which includes management, maintenance & insurance. Council Tax Band: Band-a.
EPC Rating: Awaiting New Certificate. Communal Hall Accessed via intercom system from the front elevation. Stained glass wooden door & side panels.
Access to private utility area & communal rear yard. Open Plan Living Room & Kitchen Area (6.56m x 4.57m (21'6" x 14'11")) A beautiful light & airy open-plan living room & kitchen.
Kitchen comprising of a range of wall, base & drawer units. Integrated electric oven & separate gas hob. Extractor hood.Free-standing fridge / freezer.
Composite white 1 1/2 bowl sink with single drainer & mixer tap. Space for dining table. Feature cast-iron fireplace with renewed tiled hearth in a large wooden fire surround.
Coving, ceiling cornice & picture rail. Radiator. Large hardwood glazed sash bay window to the front aspect with sea views.
Inner Hall (1.51m x 1.02m (4'11" x 3'4")) Access to Bedroom & Bathroom. Bathroom (2.62m x 1.49m (8'7" x 4'10")) Double walk in shower cubicle with gold fixtures.
Low-level W/C & hand basin in the vanity unit. Fully tiled walls. Marble effect ceramic tiled flooring. Radiator.
Bedroom (3.81m x 2.69m (12'5" x 8'9")) Fitted wardrobes with mirrored doors and over-head storage cupboards. Hardwood glazed sash window to the rear aspect. Carpeted. Radiator.
Coving & picture rail.
Private Utility Area Accessed via the communal hall, Flat 2 has its own utility space with plumbing for washing machine & space for tumble dryer, and ample storage space.
Sash window to the side aspect. Wall-mounted combi-boiler. External Front Elevation A well-maintained communal garden area with pathway & steps leading up to the Entrance.
Rear Elevation Communal yard with gated access to the alley.
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
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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
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FAQ
About Flat 2, 2, Balmoral Terrace, Saltburn-By-The-Sea
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