3-bedroom semi-detached house · TS10 5FJ
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***AVAILABLE NOW*** ***SHARED OWNERSHIP*** Stonebridge Shaw is pleased to bring to the market on behalf of Viola Homes, this three-bedroom semi-detached home available through the shared ownership scheme listed at £52,500 for a 25% share with a deposit of £2,625 (example share price).
Full market value £210,000, rent payable on the remaining 75% share - £360.94 per month. Lease - 990 years This stunning three-bedroom home lends itself perfectly to modern living.
The Forget-me-not features an open plan kitchen and dining area, handy downstairs cloakroom and a spacious lounge towards the front.
Upstairs you'll find three stylish bedrooms and a contemporary bathroom. The Forget-me-not is part of a stunning collection of two and three-bedroom homes at Foxrush Walk in Redcar.
This brand-new development is close to a wealth of amenities, including well-regarded schools, shops, and leisure facilities.
For those who love the seaside, the stunning Redcar and Cleveland coastline is just half a mile away with its stretch of golden sand.
ROOM DIMENSIONS GROUND FLOOR Lounge - 3.958m x 3.761m (12' 11" x 12' 4") Kitchen/Dining - 5.015m x 4.856m (16' 5" x 15' 11") Cloakroom - 2.325m x 1.522m (7' 7" x 4' 11") FIRST FLOOR Bedroom one - 2.750m x 5.341m (9' 0" x 17' 6") Bedroom two - 2.750m x 3.072m (9' 0" x 10' 0") Bedroom three - 2.111m x 3.494m (6' 11" x 11' 5") Bathroom - 2.168m x 1.960m (7' 1" x 6' 5") Note from the team at Stonebridge Shaw We always aim to ensure our properties are displayed accurately with the photos, virtual tour, floor plans and descriptions provided.
However these are intended as a guide and purchasers must satisfy themselves by viewing the property in person.
Value & comps
No previous sales on record.
Returns
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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 Forget-Me-Not - 52 Bluebell Road, Redcar
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