1-bedroom flat · TS10 1RP
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented one bedroomed apartment, situated within The Cherry Trees for over 60's. Centrally located for shops and transport links.
Property comprises Lounge, Kitchen, Bedroom and Bathroom, Private parking, Lift access and Communal areas. Detailed Accommodation: The Cherry Trees, Coatham Road, Redcar.
Entrance: Communal Entrance with lift access to flat, door leading into flat. Hallway: Airing cupboard and walk-in storage cupboard, storage heater.
Lounge: 17' x 11' (5.18m x 3.35m) uPVC double glazed bay window, storage heater, feature fireplace incorporating coal effect fire, decorative coving, leads into Kitchen.
Kitchen: 8'1" x 7'1" (2.46m x 2.16m) Range of wall, floor, drawer and display units, cooker point, overhead extractor hood, plumbing for washing machine, part tiled surround.
Bedroom One: 13' x 7'10" (3.96m x 2.39m) uPVC double glazed window, storage heater.
Bathroom: 8' x 5'1" (2.44m x 1.55m) Low level W/c, pedestal wash hand basin, Walk in double shower cubicle with overhead electric shower, part tiled surround.
Council Tax Band A Agents notes: Services: All descriptions of any appliances of service should not be relied upon that there are in good working order.
The buyer should obtain verification from their solicitor or other qualified person before entering into any commitment on the property.
Measurements: All measurements are approximate and should not be relied upon. Should you require more accurate measurements this can be arranged through our office.
Description: Dimensions, descriptions, necessary permission and other details are given without responsibility any intending purchaser must satisfy themselves by inspection or otherwise as to the accuracy of them.
No person in the employment of Kings Estate Agents has an authority to make or give representation or warranty in relation to this property.
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
Agent & docs
FAQ
About Cherry Trees, Coatham Road, Redcar, Redcar And Cleveland
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