1-bedroom flat · TS10 1AB
To rentReduced £80 (−11.9%) on 9 OctListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Communal entrance doorway with secure access. Shared rear corridor to bin store. Apartment 3 is located on the 1st Floor. Doorway into small hallway.
Double sized bedroom to front with electric wall heating Living Space with large window to front and wall mounted electric heating.
Open plan kitchen area with light grey units, single drainer sink, Lamona Oven and ceramic hob. Space for washer, Fridge/Freezer.
Bathroom - with walk in shower, Low level WC and basin with vanity unit. Heated towel rail.
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 Flat 3, 19 Queen Street, Redcar, Redcar And Cleveland
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