2-bedroom bungalow · TS10 3QR
Listing removedReduced £75 (−8.1%) on 29 AugListed 131 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lettings Express are delighted to bring this 2 bedroomed semi detached bungalow to the rental market. Recently Refurbished throughout!!
A well-maintained and spacious home situated in a popular residential area of Redcar, offering comfortable living accommodation and convenient access to local amenities, schools, transport links and the town centre.
The property briefly comprises an entrance hallway, spacious lounge, fitted kitchen, bathroom, and 2 good-sized bedrooms.
Externally, the property benefits from a private rear garden and on-street/off-street parking.
Ideal for professional tenants, couples or small families seeking a well-located home within easy reach of local shops, schools and the seafront.
Early viewing is highly recommended to appreciate the accommodation on offer.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Laburnum Road, Redcar
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