3-bedroom house · TS13 4JX
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wow, what a property!
Renovated to an exceptionally high standard throughout Stoney Cottage oozes charm and character, while all the time being situated in the idyllic location of what is locally known as Dam end.
A sandstone cottage opposite an idling beck, within close proximity of the historic Market Place and local woodland. For the walkers among you only a 30 minute walk to the clifftops and Cleveland Way.
This property really does have a lot to offer, whether this is your home, second home or potential holiday let, Stoney Cottage boasts fabulous character throughout and is a testament to the current owners.
Stoney Cottage is currently trading as a holiday let as well as being a second home to the current owners, with all furniture available under separate negotiation.
Positioned close to the Market Place with its convenience stores and other local amenities, local transport links to neighbouring seaside towns and villages the cottage is well placed for all needs.
Within Loftus there are three primary schools, and the nearest secondary school is only a 15 minute bus journey. Tenure: Freehold Council Tax: Redcar & Cleveland Band - Currently exempt.
EPC Rating: To Follow Hall On entering the property there is a small hallway with doors to the lounge, kitchen and staircase.
Lounge (4.81m x 3.53m (15'9" x 11'6")) A really well lit and bright lounge which is deceptively spacious, really does have that cosy feel with exposed beams and inset lighting, a large Oak beam/mantle over the fireplace with electric stove effect real flame fire and hidden lighting, two hardwood windows to the front aspect with working wooden shutters and double radiator, walnut effect wooden flooring really does give the living area a true wow factor.
Kitchen/Dining Area (4.81m x 3.34m (15'9" x 10'11")) Another stylishly well finished and presented room, the kitchen/dining area boasts a range of wall and base units finished with cream coloured, shaker style doors and drawer fronts, complimentary woodblock effect worktops and matching upstands, tiled splashbacks to provide additional protection to the sink and cooking area.
A stainless steel 1 1/2 bowl sink/drainer with mixer tap, plumbing for washing machine, integrated dishwasher, induction hob, with undercounter electric oven, stainless steel electric hood above.
A centre aisle really sets this room off, there are two windows to the front aspect with folding wooden shutters providing additional charm, works nicely with the exposed ceiling beams and downlights.
To the dining area there is a white modern column radiator, the floor has been tiled with cream coloured matching tiles, there are two great storage cupboards also.
First Floor Principal Bedroom (3.53m x 2.70m (11'6" x 8'10")) A more than adequate and immaculate principal bedroom with a real warm feel, Oak effect laminated flooring with exposed ceiling beams compliment the clean décor, there are downlights and hardwood window to floor height along with a single radiator.
Bedroom Two (2.70m x 2.27m (8'10" x 7'5")) Another really well proportioned double bedroom decorated in the same vain, maintaining that country feel throughout.
Oak effect laminated flooring and exposed beams to the ceiling, floor height hardwood window to the front aspect, single radiator and storage cupboard.
Bedroom Three (2.77m x 2.10m (9'1" x 6'10")) A double bedroom with carpet to the floor, single radiator and Velux window to the rear aspect, maintaining the same decor throughout.
Family Bathroom (3.50m x 2.10m (11'5" x 6'10")) An L-shaped bathroom and again, as you would expect finished to the highest of standards, a 3-piece white sunken bath suite, with Georgian styled chrome taps, separate shower enclosure which is tiled with a mixer shower, white walls with chrome heated towel rail and Velux to the rear aspect.
Disclaimer Please note that all measurements contained in these particulars are for guidance purposes only and should not be relied upon for ordering carpets, furniture, etc.
Anyone requiring more accurate measurements may do so by arrangement with our office.
Our description of any appliances and / or services (including any central heating system, alarm systems, etc.) should not be taken as any guarantee that these are in working order.
The buyer is therefore advised to obtain verification from their solicitor, surveyor or other qualified persons to check the appliances / services before entering into any commitment.
The tenure details and information supplied within the marketing descriptions above are supplied to us by the vendors.
This information should not be relied upon for legal purposes and should be verified by a competent / qualified person prior to entering into any commitment.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Stoney Cottage, 5A Dam Street, Loftus
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