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See how verdicts work2-bedroom flat · TS12 1EB
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An appealing two-bedroom first floor apartment situated within the characterful Victoria Apartments, boasting open-plan living, two bathrooms and an enviable position in central Saltburn.
Occupying a first floor position within Victoria Apartments on Diamond Street, this well-positioned two-bedroom apartment offers versatile accommodation in the heart of the ever-popular seaside town of Saltburn-by-the-Sea.
Internally, the property features an open-plan kitchen and living space, creating a sociable setting that brings cooking, dining and relaxation together.
Two bedrooms provide flexibility for a variety of purchasers, with one of the bedrooms benefitting from the added convenience of an en-suite, whilst a separate bathroom serves the remainder of the accommodation.
The apartment is perfectly placed to take advantage of Saltburn's thriving town centre, renowned for its independent retailers, welcoming coffee shops, restaurants and vibrant seaside atmosphere.
Just a short walk away, residents can enjoy the town's beautiful beach, iconic pier, scenic cliff-top walks and the picturesque surroundings of the Valley Gardens.
Excellent transport connections are available from nearby Saltburn Railway Station, making the location equally appealing for those commuting or travelling throughout the region.
Offering a desirable combination of flexible accommodation, practical living space and an outstanding location, this apartment is well worth viewing. Tenure: Share of The Freehold.
Tenure Details: Each apartment will receive a 20% share in the management company. Upon the sale of the last apartment the freehold interest will be transferred to the management company.
Council Tax: Redcar & Cleveland Borough Council. Band-a. EPC Rating: C-Rating. Hall (3.5m red to 0.99m x 4.61m red to 0.96m (11'5" red) Access to all rooms, radiator.
Open Plan Living Area And Kitchen (3.76m red to 2.41m x 5.81m red to 3.85m (12'4" re) Attractive original window to the front aspect, with views over Saltburn, neutrally decorated, with carpet opening into kitchen area, high gloss fitted kitchen with laminate work tops, space for electric cooker, stainless steel extractor hood, plumbing for washing machine, vinyl flooring.
Bedroom One (3.46m red to 2.82m x 2.71m red to 1.05m (11'4" re) Original style sash window to the rear, integrated storage housing Glow-Worm boiler, radiator.
En-Suite (2.38m x 0.79m (7'9" x 2'7" )) White suite with thermostatic shower, extractor fan part tiled, vinyl flooring.
Bedroom Two (3.84m x 2.19m (12'7" x 7'2" )) Original sash style window to the rear, carpet, radiator.
Bathroom (2.39m x 1.77m (7'10" x 5'9" )) White 'P' shaped bath with shower over, extractor fan, part tiled walls, radiator.
Anti-Money Laundering (Aml) & Funding Disclaimer Legal Requirement: We must verify the identity and conduct full due diligence on all parties connected to a transaction to comply with UK Money Laundering Regulations.
All Legal Entities Covered: Mandatory compliance checks apply to all legal entities involved in the purchase, including individual buyers, companies, partnerships, trusts, or corporate bodies.
Zero Credit Impact: Checks are securely handled by a third-party compliance provider; they are strictly for identity verification and will not affect your credit history or score.
Fees & Refund Policy: A fee of £36 (including VAT) per check is payable in advance and becomes non-refundable once the checks have been conducted.
Proof of Funding: Valid proof or source of funding must be provided and approved before we can formally accept your offer.
Process Constraint: We cannot issue the official Sales Memorandum or progress the transaction until all fees are paid, funding documents are approved, and compliance checks are successfully completed for all entities.
Disclaimer Please note that all measurements contained in these particulars are for guidance purposes only and should not be relied upon for ordering carpets, furniture, etc.
Anyone requiring more accurate measurements may do so by arrangement with our office.
Our description of any appliances and / or services (including any central heating system, alarm systems, etc.) should not be taken as any guarantee that these are in working order.
The buyer is therefore advised to obtain verification from their solicitor, surveyor or other qualified persons to check the appliances / services before entering into any commitment.
The tenure details and information supplied within the marketing descriptions above are supplied to us by the vendors.
This information should not be relied upon for legal purposes and should be verified by a competent / qualified person prior to entering into any commitment.
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.
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FAQ
About Victoria Apartments, Diamond Street, Saltburn-By-The-Sea
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