1-bedroom flat · TS12 1EB
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious one-bedroom ground floor apartment, ideally positioned within Victoria Apartments on Diamond Street, offering convenient coastal living in the heart of Saltburn-by-the-Sea.
Situated within the well-established Victoria Apartments, this attractive one-bedroom ground floor apartment presents an excellent opportunity for first-time buyers, those looking to downsize or purchasers seeking a conveniently located home in one of the area's most desirable seaside towns.
Located on Diamond Street, the apartment enjoys a superb position just a short stroll from Saltburn's bustling town centre, where an excellent selection of independent shops, cafés, restaurants and everyday amenities can be found.
The town's picturesque seafront, beach, and Valley Gardens are also within easy reach, whilst Saltburn Railway Station provides convenient connections to surrounding towns and further afield.
Combining the convenience of ground floor accommodation with a sought-after central location, this property offers an appealing opportunity to enjoy everything Saltburn has to offer.
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: B-Rating.
Entrance Hall (3.36m x 1.59m (11'0" x 5'2")) Panelled doors leading to living areas, radiator. W/C (1.53m x 0.93m (5'0" x 3'0")) White suite with extractor fan, and storage cupboard.
Open-Plan Living Area & Kitchen An open plan living area which is neutrally decorated throughout, attractive period feature window to the front aspect, wall mounted electric fire, radiator, open plan to the kitchen which briefly comprises, a high gloss fitted kitchen with laminate effect worktops, space for a fitted cooker, extractor fan, under unit lighting, breakfast bar, space for dining table, radiator.
Dressing Area (2.83m x 1.87m (9'3" x 6'1")) Open to the bedroom via archway.
Bedroom (4.07m x 3.91m (13'4" x 12'9")) Double glazed wooden sash window to the rear, storage cupboard housing Glow-Worm boiler, radiator.
En-Suite (2.71m red to 0.97m x 1.67m red to 0.84m (8'10" re) Wet room with thermostatic shower, extractor fan, fully tiled, chrome heated towel rail.
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
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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
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FAQ
About Victoria Apartments, Diamond Street, Saltburn-By-The-Sea
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