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See how verdicts work2-bedroom flat · TS12 1DJ
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom first-floor apartment within Saltburn’s distinctive former Arts Bank building, offering generous, contemporary accommodation, a private roof terrace and stylish finishes throughout, all in the heart of the town.
Occupying the first floor of the impressive former Arts Bank building on Milton Street, this superb two-bedroom apartment forms part of a high-quality residential conversion completed in recent years, combining the character and presence of the original building with spacious, modern accommodation finished to an excellent standard.
The apartment immediately stands out for its sense of space, with a generous open-plan kitchen and living area forming the heart of the home.
Designed perfectly for modern living, the room offers plenty of space for both lounge and dining furniture, while the contemporary fitted kitchen sits neatly within the open-plan layout to create a sociable and practical living space.
There are two well-proportioned bedrooms, including a principal bedroom with its own en-suite shower room, providing a little extra privacy and convenience.
A separate main bathroom serves the remainder of the apartment and continues the modern finish found throughout.
One of the property’s biggest selling points is its own private roof terrace, a fantastic outdoor space and a real rarity for an apartment in such a central location.
Ideal for sitting out, entertaining or simply enjoying some fresh air away from the bustle of the town, it adds another dimension to what is already a very appealing home.
The former Arts Bank is positioned on Milton Street, right in the centre of Saltburn, placing the town’s independent shops, cafés, bars and restaurants virtually on the doorstep.
Saltburn’s beach, Valley Gardens, railway station and famous pier are all within easy reach, making the apartment equally suited to permanent living, a coastal base or buyers looking for a stylish lock-up-and-leave property.
Spacious, well finished and set within one of Saltburn’s more distinctive converted buildings, this is an excellent opportunity to acquire a modern two-bedroom apartment with the added benefit of private outside space.
The property is offered for sale with no onward chain, allowing for a potentially straightforward purchase. Tenure: Tenure Details: Due to lease restrictions, holiday lettings are not permitted.
Council Tax: Redcar & Cleveland Borough Council. Band-a. EPC Rating: C-Rating. Communal Entrance Secure intercom system. Tiled mosaic floor with stairs leading to the apartment on the first floor.
First Floor Entrance Hall Intercom system. Wooden floor. Open-Plan Kitchen & Living Area (7.36m x 4.50m (max) (24'1" x 14'9" (max))) A range of wall, base & drawer units.
Quartz worktops incorporating sink with single drainer & mixer tap. Integrated electric oven & hob. Extractor hood.
UPVC double glazed windows to the front & side aspects with wooden shutters. 2x Radiators. Bedroom One (4.22m x 3.11m (13'10" x 10'2")) Fireplace. Carpeted.
UPVC double glazed windows to the side aspect & door opening to the Roof Terrace. Radiator. Access to the En-Suite.
Bedroom One En-Suite (3.33m x 1.26m (10'11" x 4'1")) Corner walk-in shower cubicle. Low-level W/C. Hand basin. Tiled floor & part-tiled walls. Chrome heated towel rail.
UPVC double glazed window to the side aspect. Bedroom Two (4.94m x 2.77m (16'2" x 9'1")) 2x UPVC double glazed windows to the side aspect with wooden shutters. Carpeted. Fitted wardrobes.
2x radiators. Bathroom (3.28m x 1.39m (10'9" x 4'6")) Tiled panel bath with shower above. Glazed shower screen. Pedestal hand basin. Low-level W/C. Chrome heated towel rail.
UPVC double glazed window to the rear aspect. Tiled floor & part-tiled walls. Roof Terrace Private outdoor space exclusively for this apartment and accessed from Bedroom One.
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 Flat 2, 29, Milton Street, Saltburn-By-The-Sea
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