2-bedroom flat · TS14 6DY
For saleListed 265 days
Opportunity summary
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About
Introduction Situated on the second floor of a sought-after McCarthy Stone Retirement Living development for the over 60s, this well-presented apartment enjoys a convenient location just approximately 300 yards from Guisborough town centre, with its range of shops and amenities.
Designed with comfort and peace of mind in mind, the development benefits from an on-site House Manager, a 24-hour emergency call system via a personal pendant alarm, and additional call points in the bathroom and hallway, along with a modern ventilation system drawing fresh air throughout.
Residents can also enjoy excellent communal facilities including a homeowners’ lounge, roof terrace, and beautifully landscaped gardens with a large patio area, ideal for socialising.
Further features include a lift to all floors, mobility scooter store with charging points, and a guest suite available for visiting friends or family (subject to additional charges).
The Apartment The apartment itself is located on the top floor and is easily accessed via a lift.
It has been recently refreshed with new décor and new carpets throughout, creating a bright and welcoming living space.
The well-designed accommodation includes two bedrooms, a modern bathroom, and an open-plan living and kitchen area that is both practical and comfortable. There is also an abundance of useful storage.
A particular highlight is the delightful balcony taking advantage of the apartments southerly orientation and enjoys pleasant views, providing an ideal spot to relax and unwind.
Service Charge The service charge provides a comprehensive package of services designed to offer comfort and peace of mind, including the services of an on-site House Manager, a 24-hour emergency call system, buildings insurance, and the cleaning and maintenance of all communal areas.
It also covers the cleaning of communal windows, water rates for both the apartments and communal areas, and the electricity, heating, lighting and power to communal spaces.
In addition, the charge includes the upkeep of gardens and grounds, repairs and maintenance to the interior and exterior communal areas, and contributions to a contingency fund for internal and external redecoration.
Please note the service charge does not cover personal external costs such as Council Tax, individual electricity usage or television services.
For further information, please contact your Property Consultant or House Manager.
Further information Service Charge: £4,682 per annum (Approx) Car Parking Permit Scheme - Parking is by allocated space subject to availability. The fee is £250 per annum.
Permits are available on a first come, first served basis. Please check with the House Manager on site for availability.
Leasehold Information Lease length: 999 years from 2015 Ground rent: £495 per annum Ground rent review: June 2030It is a condition of purchase that residents must meet the age requirements of 60 years.
Value & comps
No previous sales on record.
Returns
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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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About Beckside Gardens, Guisborough
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