2-bedroom flat · TS10 2DH
Listing removedListed 90 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to rent this well-presented two-bedroom maisonette situated on Greenlands Road, Redcar.
The property is accessed via a driveway providing off-road parking for multiple vehicles, together with a private patio area offering useful outdoor space.
An entrance door leads into the ground floor kitchen, with stairs rising to the first floor accommodation. To the first floor, the property comprises a spacious lounge, two bedrooms and a bathroom.
The flat has been well cared for by the current tenant and is presented in good order throughout, offering comfortable and ready-to-move-into accommodation.
The property would ideally suit a professional individual, couple or small family seeking a conveniently located home with the added benefit of off street parking and outdoor space.
Early viewing is recommended.
Accommodation Ground floor kitchen First floor lounge Two bedrooms Bathroom Driveway parking for multiple vehicles Private patio area Rent £625 Per Calendar Month Deposit £625 Holding Payment: £137.31 EPC: E Council Tax: A Driveway: Parking for several vehicles.
Patio Area: Enclosed patio area. Door leading to kitchen. Ground Floor Kitchen: 3.38m x 4.42m (11'1" x 14'6") , Window and door to patio area. Vinyl flooring. Wall and base units. Sink.
Freestanding oven. Storage cupboard. Washer. Dryer. Fridge freezer. First Floor Lounge: 4.57m x 4.11m (15' x 13'6") , Carpeted. Radiator. Feature fireplace.
First Floor Bedroom 1: 4.50m x 2.87m (14'9" x 9'5") , Bay window. Carpeted. Radiator. Feature fireplace. First Floor Bedroom 2: Carpeted. Radiator.
First Floor Bathroom: 2.64m x 2.21m (8'8" x 7'3") , Vinyl flooring. Radiator. Pedestal basin. Toilet. Bath with shower over. Cupboard housing the boiler.
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 Greenlands Road, Redcar, TS10
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