1-bedroom flat · TS10 1RZ
Sold STCListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This Apartment on Coatham Road has been meticulously redesigned throughout, with endless potential on both the Investment and residential markets this is truly one not to be missed.
Situated right in the heart of central Redcar with Locke Park, Saltscar Surgery and a range of outstanding transport links and amenities right on your doorstep.
lets step inside and see what's on offer here; INTERNALS; You enter ‘Normanby House' into a communal landing space with stylish character features such as the wonderful wood spindle staircase.
Flat 3 occupies the rear of the communal space. Step into a convenient communal Porch space leading through to the main Living Room.
The Living Room area has been designed with plush grey carpet flooring, neutral decoration and large uPVC double glazed window into the external spaces front and rear.
Currently housing a sofa set with dining table and mounted unit with Television stand.
The adjoining contemporary Kitchen space is fitted with a range of wall and floor mounted modern grey base units with complementing charcoal laminate worktops.
Integrated appliances here include oven with ceramic 4-point hob and overhead stainless steel extraction unit, integrated fridge/freezer, washing machine and stainless steel sink unit with mixer tap and drainer.
A wonderful Bathroom occupies the rear of this space, The suite here contains panelled bath with overhead shower, freestanding ceramic sink unit and w/c.
The area here has been fitted with stylish uPVC marble effect cladding for low maintenance as well as neutral wall decoration. With grey oak LVT flooring, recessed spotlights and extraction unit.
To the rear of this space we have the Master Bedroom.
The suite here is beautifully presented with plush grey carpet flooring, large uPVC double glazed window for side elevation and spacious storage unit housing water tank system.
Easily able to accommodate a king size bed plus range of additional furnishings.
EXTERNALS; The communal Hallway of this property leads directly into a spacious communal Courtyard area to enjoy some fresh air and tranquillity in this charming coastal town.
On street parking to the front is widely available. So who's it for I hear you ask?
Those looking to downsize for a slower pace of life would benefit from endless opportunities this property represents with its versatile layout and seamless flow.
Currently generating £1,560 PCM on the contractor accommodation market this Apartment has endless potential and would suit both experienced and novice local landlords.
Redcar is a seaside town on the Yorkshire Coast in Redcar and Cleveland, North Yorkshire. It is located 7 miles east of Middlesbrough and close to a whole host of other small towns and villages.
The town has witnessed a renaissance in recent years with Freeport status being granted, construction of the Regent Cinema and Vertical Pier and current ongoing development of the old Majuba site.
EweMove Estate Agents are a multi aware winning agency who offer flexible viewing appointments Including evening & weekends!
You can call, text, WhatsApp message or email us to secure your booking, get in touch today.
Bedroom 4.21m x 2.99m - 13'10" x 9'10" Living Room 4m x 2.96m - 13'1" x 9'9" Bathroom 2.25m x 2m - 7'5" x 6'7"
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
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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
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FAQ
About 106 Coatham Road, Redcar, TS10 1RZ
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