1-bedroom flat · TS10 1RP
For saleListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ALL MEASUREMENTS ARE APPROXIMATE Beautifully Presented One Bedroom Retirement Apartment in Sought-After Development Situated within the highly regarded Cherry Tree retirement development in Redcar, this well-presented one-bedroom apartment offers spacious accommodation throughout, ideal for those seeking independent living within a welcoming and secure community setting.
Conveniently positioned close to local amenities, transport links, Redcar town centre and seafront, the property benefits from attractive communal areas and resident facilities whilst offering comfortable accommodation ready to move straight into.
The accommodation briefly comprises entrance hallway, spacious lounge, fitted kitchen, generous double bedroom and bathroom suite.
Entrance Hallway: Welcoming entrance hallway providing access to all principal rooms with useful storage space and a practical layout throughout. Lounge: 4.30m x 3.50m.
A bright and spacious main reception room offering ample space for both lounge and dining furniture. The room enjoys pleasant views and creates an ideal setting for relaxing or entertaining guests.
Kitchen: 2.30m x 2.30m.
Well-appointed fitted kitchen featuring a range of wall and base units with complementary work surfaces, tiled splashbacks and space for appliances, creating a practical and functional cooking area.
Bedroom: 3.80m x 2.30m. Generous double bedroom benefiting from fitted storage and ample space for additional furniture, offering a comfortable and peaceful retreat. Bathroom: 1.70m x 2.40m.
Well-proportioned bathroom comprising bath with overhead shower arrangement, wash hand basin and WC.
Externally & Development Features Cherry Tree benefits from attractive communal gardens, resident facilities and a secure environment, all within easy reach of Redcar's amenities and coastline.
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
Agent & docs
FAQ
About Coatham Road, Redcar, North Yorkshire, TS10
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