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 terraced house · TS10 3HY
Sold STCListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 30th of July 2026.
Affordable Entry, Strong Rental Potential Redcar Investment Opportunity." Description 26 Alfred Street, Redcar, TS10 3HY 2 Bedroom Terraced Property Ideal Investment Opportunity Situated in a popular residential area of Redcar, this two-bedroom terraced property presents an excellent opportunity for investors seeking a buy-to-let addition or refurbishment project in a strong rental location close to local amenities and the coastline.
The property offers well-proportioned accommodation comprising a spacious lounge, kitchen, two bedrooms, and a family bathroom, with a traditional terrace layout that appeals to tenants and first-time buyers alike.
With Redcar continuing to benefit from regeneration and demand for affordable rental homes, this property has the potential to generate solid rental yields once modernised or let.
Located within easy reach of Redcar town centre, local schools, transport links, and the seafront, the property benefits from strong tenant demand and convenient access to nearby employment hubs including Teesside and Wilton International.
This is an excellent value investment opportunity with scope to add value through refurbishment or cosmetic improvement.
Key Features for Investors Two-bedroom mid-terraced house Popular rental location in Redcar Potential for strong rental yield Scope for value-add refurbishment Close to local amenities and transport links Traditional terrace layout attractive to tenants Ideal buy-to-let or auction investment High demand area for affordable rentals Important Notice & Disclaimer The property is offered for sale by Unconditional Auction.
Buyers must carry out their own inspections, surveys, searches, and legal due diligence prior to bidding.
Town & Country Property Auctions North East has not inspected all parts of the property and has relied on information provided by the vendor and third parties, including planning documentation and descriptions.
No warranties or representations are given as to the condition, suitability, planning status, or development feasibility of the property.
All information is provided for guidance purposes only and must be independently verified by prospective purchasers and their professional advisers.
Tenure Freehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date.
All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.
To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.
To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.
The legal pack is available to download free of charge under the LEGAL DOCUMENTS'.
Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 26 Alfred Street, Redcar, TS10 3HY
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