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See how verdicts work3-bedroom flat · TS10 1AX
Listing removedReduced £5k (−10%) on 7 AugListed 88 daysAuction 11 Aug · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by auction on Tuesday, 11 Aug 2026 at 12:00 Venue: Live Stream three bedroom first floor maisonette Not to be overlooked, this three-bedroom first floor maisonette is one of two we have going to auction in the same day.
Viewing is highly recommended to see the great layout and presentation of each flat.
The internal accommodation comprises in brief, ground floor - entrance hall and stairs, first floor - open plan living and kitchen area with door leading to a small balcony, two good sized bedrooms, bathroom, stairs to second floor which holds a master bedroom.
Gas central heating and double glazing. Externally is residential parking. Located close to local amenities and Redcar sea front.
Please see the below nb note in relation to ground rent/service charges We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding.
Come auction day (11th August), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 14 days later.
You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you must register your interest with the office on .
Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed id checks have been received at .
For any further assistance, please do not hesitate to contact us in the office.
Ground Floor Entrance Hall First Floor Living Room - 5.35m x 4.02m Kitchen Area - 2.55m x 2.30m Bedroom Two - 3.55m x 3.50m Bedroom Three - 2.82m x 2.30m Bathroom Second Floor Landing Master Bedroom - 4.08m x 4.72m nb The landlords are looking to appoint a professional management agent for the building or transfer the freehold title to the residents so that they can manage it going forward.
We are still awaiting on the meeting taking place between the solicitors and the leaseholders (this has been going on since March 2025 and we have no sort of timescale as to when this is to be sorted).
The solicitors however had confirmation from the landlord solicitors that the landlord is not collecting service charge and has no intention to invoice for any unpaid service charges.
There is no further update in relation to the meeting the landlord is arranging with the residents.
Auctioneers Notes Property construction – Standard Electricity supply – Mains Water supply – Mains Sewerage – Mains Heating – Gas Broadband - Standard Speed – 18mbps Mobile signal / coverage –Three – Very Good/ EE/O2/Vodafone – Good Parking – Off Street Building Safety – See Legal Pack- Restrictions – Yes –Leasehold - See Legal Pack Rights and easements - See Legal Pack Flood risk – Very Low Coastal erosion – Very Low Planning permission – See Legal Pack - Accessibility / adaptions – See Legal Pack Coalfield or mining area - See Legal Pack EPC Rating: C Additional Fees Buyers Premium: £1560 inc VAT payable on exchange of contracts.
Administration Charge - £1800 inc VAT payable on exchange of contracts. Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
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About 17 Regency Mews, Redcar
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