2-bedroom bungalow · TS10 2HW
For saleListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within a highly sought after area of Redcar, this detached period bay windowed bungalow ticks plenty of boxes.
Sitting on a generous south facing plot with an upgraded kitchen and bathroom, spacious rooms throughout including a 16ft plus living room with multi fuel burner, oak flooring and direct access to the south facing rear garden.
Nicely positioned within easy reach of local amenities, schooling and transport links.
Mains Utilities Gas Central Heating Mains Sewerage No Known Flooding Risk No Known Legal Obligations Standard Broadband & Mobile Signal No Known Rights of Way Tenure - Freehold Council Tax Band C Hall 0.89m x 1.74m Coloured part glazed composite entrance door, oak flooring and original panelled door to the living room.
Living Room 5.16m x 3.8m A spacious room with oak flooring flowing through from the hall, multi fuel burner with slate hearth and decorative tiled backdrop, original panelled doors to the bedrooms and sliding panel door to the bathroom.
Opens through to the kitchen and WC.
Kitchen 3.09m x 2.76m A vaulted ceiling space with a high gloss Wickes fitted kitchen with slimline square edge worktops, integrated induction hob with extractor hood, plumbing for washing machine, stainless steel splashbacks, part wood panelled walls, oak flooring, radiator, UPVC window, Velux style skylights and door to the garden room.
Garden Room 3.63m x 2.95m Currently used as a double bedroom with crisp white walls, vaulted ceiling with Velux style roof window, radiator, UPVC window and French doors open onto the rear garden.
Bedroom One 3.02m x 2.8m A bay windowed room with feature wall, radiator, UPVC window, sliding door to the bathroom and further door to the living room.
Bedroom Two 0.76m x 3.02m A spacious double room with neutral décor, grey carpet, radiator and UPVC window.
Bathroom 3.64m x 1.78m White modern suite with separate quadrant shower, freestanding bath with waterfall taps and shower rinser attachment, grey oak vinyl flooring, fully UPVC clad walls, graphite towel radiator, downlighters and twin UPVC windows.
WC 1.47m x 1.78m White suite with part tiled walls, downlighters and UPVC window.
Parking & Garden The front of the property benefits from a fully block paved frontage offering parking for numerous vehicles and gated access to the rear garden.
The private southerly facing rear garden is laid to lawn with various mature trees and shrubs, paved patio area and gated access to the driveway.
Utilities Mains Utilities Gas Central Heating Mains Sewerage No Known Flooding Risk No Known Legal Obligations Standard Broadband & Mobile Signal No Known Rights of Way Buyers Identification Check(s) Should a purchaser(s) have an offer accepted on a property marketed by Michael Poole Estate Agents they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.
We use a third party service to verify your identity; this is not a credit check and will have no effect on credit history. The cost of these checks is £36 inc.
VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable. AGENTS REF: CF/LS/RED221015/20062026
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 St. Margarets Grove, Redcar, TS10
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