2-bedroom bungalow · TS10 5EL
Listing removedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a popular residential area of Redcar, this well-presented two-bedroom semi-detached bungalow offers comfortable single-level living with the added benefit of generous outdoor space and off-street parking.
The accommodation briefly comprises an entrance hallway, spacious lounge, fitted kitchen/diner, two bedrooms, bathroom and separate WC.
Externally, the property benefits from gardens to the front and rear together with a garage and driveway providing off-road parking.
Conveniently located for local amenities, transport links and bus routes, this attractive bungalow is expected to appeal to a range of tenants seeking a well-maintained home in a desirable location.
Move In Costs Deposit £650 Rent £650 Holding Payment £149 - (please note this payment forms part of the deposit above) *There are no application/administration fees payable as per the Tenant Fees Act 2019.
We are proudly Members of the following: ARLA, NAEA, The Tenancy Deposit Scheme, The Deposit Protection Service and The Property Ombudsman, CMP Registered Agent.
Please note that a guarantor may be required depending on circumstances. Please contact us for more information. Entrance Hallway: Laminate flooring. Fitted doormat. uPVC front door. Two radiators.
All rooms off. Kitchen : 4.80m x 2.97m (15'9" x 9'9") , Freestanding oven, grill and hob. Belfast sink with mixer tap. Worktops. Base and wall mounted units. Storage cupboard housing Baxi boiler.
Partially tiled walls. Radiator. Back door to the rear garden. Lounge : 3.76m x 3.48m (12'4" x 11'5") , Carpeted. Radiator. Blinds. Electric fire with surround. Telephone point. Aerial point.
Bedroom 1: 4.19m x 3.23m (13'9" x 10'7") , Carpeted. Fitted wardrobes. Radiator. Curtains. Loft hatch. Bedroom 2: 2.24m x 2.36m (7'4" x 7'9") , Carpeted. Radiator. Blinds. WC: Vinyl flooring.
Radiator. Pedestal sink. Bath with wooden side panel. Mains fed shower. Wall mounted cabinet. Wall mounted towel rail. Roller blind. Mirror. Front Garden : Low maintenance. Gravelled area. Driveway.
Gates. Rear Garden : Partially gravelled. Fully enclosed. Garage access. Storage shed.
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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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 Runswick Avenue, Redcar, TS10
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