4-bedroom terraced house · TS13 4JZ
Sold STCListed 125 days
Opportunity summary
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About
Appealing to investors/developers, refurbishment specialists or those looking to create a family home.
This Three Bedroom Terraced Homer with a loft conversion is priced to reflect the excellent potential for renovation and improvement with works to include the addition of a kitchen, a new bathroom, damp proofing and cosmetic improvements.
The accommodation comprises of a gas central heating system (not tested), uPVC double glazing, a bow fronted lounge with a multi-fuel stove (would need commissioning), a dining/family room, a kitchen area and ground floor bathroom.
The first floor landing has a door onto the roof of the kitchen and could be developed further as an area of relaxation.
Three bedrooms are to the first floor whilst a fixed staircase accesses the converted loft room with a beamed ceiling and velux roof window. This space can be repurposed as required.
Outside there is a small front garden and a gated rear courtyard.
The property sits within an elevated site in a private location off the High Street and is not directly overlooked at the front or back.
The town centre is within comfortable walking distance with supermarket shopping, individual shops, cafes and pubs. For sale with no onward chain and immediate vacant possession upon completion.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
GUI260241/2 DESCRIPTION Appealing to investors/developers, refurbishment specialists or those looking to create a family home.
This Three Bedroom Terraced Homer with a loft conversion is priced to reflect the excellent potential for renovation and improvement with works to include the addition of a kitchen, a new bathroom, damp proofing and cosmetic improvements.
The accommodation comprises of a gas central heating system (not tested), uPVC double glazing, a bow fronted lounge with a multi-fuel stove (would need commissioning), a dining/family room, a kitchen area and ground floor bathroom.
The first floor landing has a door onto the roof of the kitchen and could be developed further as an area of relaxation.
Three bedrooms are to the first floor whilst a fixed staircase accesses the converted loft room with a beamed ceiling and velux roof window - this space can be repurposed as required.
Outside there is a small front garden and a gated rear courtyard.
The property sits within an elevated (truncated) ACCOMMODATION Ground Floor Entrance Vestibule Hallway Lounge 3.78m x 3.43m (12' 5" x 11' 3") Dining/Family Room 3.78m x 3.48m (12' 5" x 11' 5") Kitchen Area 2.92m x 2.77m (9' 7" x 9' 1") Combined Bathroom 2.77m x 1.68m (9' 1" x 5' 6") First Floor Landing Bedroom 1 3.9m x 2.84m (12' 10" x 9' 4") Bedroom 2 3.07m x 3.02m (10' 1" x 9' 11") Bedroom 3 2.87m x 1.9m (9' 5" x 6' 3") Second Floor Loft Room/Occasional Bedroom 4 EXTERNAL Garden The property occupies an elevated site in a small terrace with a small forecourt.
To the rear there is a gated courtyard Tenure Freehold Additional Notes Local Authority - Redcar And Cleveland Conservation Area - No Council Tax Band Band - B Council Tax Estimate £1,979 Year Built 1910 Flood Risk: Rivers & Seas - Very low Surface Water - Very low Upvc Double Glazing Throughout Gas Central Heating (not tested) Mains Electricity, Water and Waste No Shale - Mortgageable.
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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.
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FAQ
About Springhead Terrace, Loftus, Saltburn-by-the-Sea, North Yorkshire, TS13
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