3-bedroom semi-detached house · TS10 5DY
To rentListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to welcome to the market this immaculate and modern three bedroom property situated on Grinkle Road, Redcar.
Move In Costs Deposit £850 Rent £850 Holding Payment £184 - (please note this payment forms part of the deposit above) *There are no application/administration fees payable as per the Tenant Fees Act 2019.
We are proudly Members of the following: ARLA, NAEA, The Tenancy Deposit Scheme, The Deposit Protection Service and The Property Ombudsman, CMP Registered Agent.
Please note that a guarantor may be required depending on circumstances. Please contact us for more information. Entrance Porch: 4'7" x 5'0" (1.40m x 1.52m) , Laminate flooring. Venetian blinds.
Spot lights. Entrance Hallway: 3'3" x 6'4" (0.99m x 1.93m) , Laminate flooring. Radiator. Modern spot lights. Smoke detector. Carpeted to stairs.
Open Plan Lounge/Dining Room: 15'9" x 22'4" (4.80m x 6.81m) , Laminate flooring. 2x radiators. 2x pendant lights. Spot lights. Venetian blinds. Curtain pole and tie backs. Window seat.
TV bracket on wall. Storage cupboard with gas/electric meters and consumer unit. Kitchen: 13'11" x 5'11" (4.24m x 1.80m) , Vinyl tiles. Wooden cupboards. Marble effect worktop. Gas hob.
Electric cooker. Stainless steel extractor fan. Stainless steel sink with mixer tap. Washing machine (gifted) 2x windows with Venetian blinds. Radiator.
Conservatory: 9'2" x 7'6" (2.79m x 2.29m) , Carpeted. Vertical blinds. Light with ceiling fan. Garden Room: 9'1" x 11'5" (2.77m x 3.48m) , Artificial turf. Enclosed Rear Yard: Paved.
Access to garden room. Shed is not included - for Landlord storage. Stiars/Landing: Carpeted. Windows with venetian blinds. Smoke detector. Spot lights.
Bathroom: 7'0" x 4'6" (2.13m x 1.37m) , Vinyl floor tiles. Window with Venetian blinds. White corner bath with shower head. Toilet, sink and vanity unit. Chrome towel rail. Plastic wall tiles.
Plastic cladding ceiling with spot lights. Bedroom 1 (Front): 8'2" x 13'8" (2.49m x 4.17m) , Carpeted. Window with Venetian blinds. Sliding wardrobe. Pendant light. Radiator.
Bedroom 2 (Rear): 9'2" x 8'11" (2.79m x 2.72m) , Carpeted. Window with Venetian blinds and curtain pole. Spot lights. Radiator. Combi boiler. Carbon monoxide alarm.
Bedroom 3 (Front): 5'10" x 8'5" (1.78m x 2.57m) , Carpeted. Window with Venetian blinds. Pendant light. Radiator.
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 Grinkle Road, Dormanstown, TS10
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