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 flat · TS10 5AQ
For saleListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Express are delighted to present this excellent tenanted investment opportunity – a well-maintained 2 bedroom ground floor flat that is fully rental-ready and already generating income, and priced to offer exemption from SDLT.
The accommodation briefly comprises: Spacious living room with natural light Fitted kitchen Two well-proportioned bedrooms Modern bathroom Additional benefits include gas central heating, double glazing, and off-road parking for residents.
This flat is offered as a turnkey buy-to-let investment, with a reliable tenant in situ at £475 per calendar month.
All compliance certificates are in place, ensuring peace of mind for any investor: EICR (Electrical Installation Condition Report) CP12 (Gas Safety Certificate) EPC (Energy Performance Certificate, Rating D) At the current rent of £475 PCM, the property delivers a gross rental yield of over 12% at the asking price, making it an attractive proposition for portfolio landlords and new investors alike.
Located in a popular residential area close to shops, schools, and transport links, this property is well-positioned for continued strong rental demand. Buyers Fee Applicable of £2,000 inc. VAT
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 advisers 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
Agent & docs
FAQ
About Harwal Road, Redcar
Explore nearby
