1-bedroom flat · TS12 1EG
Listing removedListed 95 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer TO LET this completely refurbished, larger than average ONE Bedroom ground floor apartment having just completed a full refurbishment project to include new Oak internal doors, a recently re-fitted Dining Kitchen and family Bathroom suite with shower, warmed by gas central heating system, uPVC sealed unit Double Glazing and being one of only three apartments within the same property, with viewing highly recommended.
ACCOMMODATION Communal Entrance Hallway With radiator and staircase to first and second floors, sold Oak door to:- FLAT 1 Front Lounge uPVC bow window to front, feature fireplace, radiator and door to:- Spacious L shaped Inner Hallway With access to all rooms via solid Oak doors, large walk in undespairs cupboard for ample storage.
Bedroom uPVC window to rear, a very larger room with radiator.
Dining Kitchen Fitted with a range of matching wall and base units, roll top laminate working surfaces, tiled splashbacks, grey herringbone linoleum flooring, space for cooker, plumbing for washer, single drainer sink unit, uPVC window to side aspect and radiator, door to :- Inner Lobby With two built in storage cupboard, door to rear yard and door to:- Family Bathroom A partially tiled re-fitted three-piece suite comprising; panel bath with overhead shower and glazed shower screen, pedestal wash hand basin with mixer tap and push button wc.
Radiator, grey herringbone linoleum flooring and uPVC window to side aspect. EXTERNALLY Rear Yard Communal rear yard with gate access to rear lane and bin storage. To sum it up....
Ruby Street really is a splendid chance to let a delightful one bedroom apartment, close to the coast.
Landlords preferences:- One small pet considered VIEWING ARRANGEMENTS: Strictly by Appointment with the Sole Agent. SERVICES: Mains water, gas and electricity are connected.
None of these services have been tested by the Agent. LOCAL AUTHORITY: Redcar and Cleveland Borough Council.
COUNCIL TAX ASSESSMENT: We are advised that the property is a Band A EPC: Please ask at our branch for a copy.
AGENTS NOTES: The photographs and information regarding this property is the copyright of Leapfrog Lettings & Sales.
All measurements are approximate and have been taken using a laser tape measure therefore, may be subject to a small margin of error.
DATA PROTECTION AND PRIVACY POLICY Names, address, telephone number and email address will be taken for mailing list registration, viewing appointments or when making an offer to purchase and will not be used or passed on for any other marketing purposes.
TENANT'S FEES Click on the following link for a Tenant's guide to fees:- HOLDING DEPOSIT (per tenancy) - One week's rent This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
SECURITY DEPOSIT (per tenancy. Rent under £50,000 per year) - Five weeks rent. This covers damages or defaults on the part of the tenant during the tenancy. SECURITY DEPOSIT (per tenancy.
Rent of £50,000 or over per year) - Six weeks rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s) Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s). Variation of Contract (Tenant's Request) - £60 (inc.
VAT) per agreed variation. To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant's Request) - £60 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant's Request) Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Client Money Protection (CMP) via Client Money Protect & UKALA No 073970 and Redress scheme is Property Redress Scheme You can find out more details on the agent's website or by contacting the agent directly on .
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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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.
Area
Agent & docs

FAQ
About Flat1, 46 Ruby Street, Saltburn-By-The-Sea, Cleveland, TS12
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