2-bedroom flat · TS10 1AX
Under offerListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedroom Ground Floor Apartment | Ideal Investment Opportunity | No Onward Chain A well-positioned two-bedroom ground floor apartment, ideally located within walking distance of Redcar town centre and just a stone’s throw from the beach.
Offering excellent access to local shops, amenities, bus routes and rail links, this property presents a fantastic opportunity for both first-time buyers and investors.
The accommodation briefly comprises: entrance lobby, hallway, and a spacious open-plan lounge/kitchen/diner. There are two bedrooms and a family bathroom.
Externally, the property benefits from a private rear yard and parking bay.
The flat is in reasonably good order throughout, although there is scope for light cosmetic improvement, particularly within the bathroom, allowing buyers to add value.
Previously let at £550 PCM, the property offers strong rental potential, with possible scope to increase subject to market conditions.
The landlord is ideally seeking a cash buyer, making this an excellent investment opportunity.
Key Features: * Ground floor apartment * Two bedrooms * Open-plan lounge/kitchen/diner * Rear yard * Allocated parking bay * Walking distance to town centre * Close to beach, shops, and transport links * Good rental yield potential * Ideal first-time buy or investment * No onward chain EPC Rated: C Council Tax: B Tenure: Leasehold Entrance Lobby: 6'3" x 4'0" (1.91m x 1.22m) , Laminate Flooring.
Consumer unit. Door leading to hallway. Hallway: 8'9" x 6'3" (2.67m x 1.91m) , Laminate Flooring. Single Radiator. Smoke Detector. All rooms leading off.
Open Plan Lounge/Kitchen: 15'6" x 11'2" (4.72m x 3.40m) , Laminate Flooring. Light Oak Effect Base And Wall Units. Marble Effect Worktop. Stainless Steel Sink Unit. Fitted Electric Oven. Hob.
Extractor. Boiler. Bedroom 1: 12'3" x 11'4" (3.73m x 3.45m) , Laminate Flooring. French Doors Leading To Rear Yard. Single Radiator. Bedroom 2: 12'3" x 7'6" (3.73m x 2.29m) , Laminate Flooring.
Single Radiator. Bathroom: 7'3" x 6'9" (2.21m x 2.06m) , White Suite. Fully Tiled. Shower Unit. Extractor. Vinyl Flooring. Chrome Towel Rail.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Regency Mews, Redcar, TS10
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