2-bedroom flat · TS12 1EB
Listing removedReduced £22.5k (−12%) on 20 JunListed 478 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modernised to the highest of standards, this 2 bedroom First Floor apartment in 'Diamond House' is Centrally located, and close to Saltburn's Award Winning Beach and Independent Bars and Restaurants.
Diamond House has recently been fully renovated to the highest of standards. This includes all communal areas.
This apartment benefits from an electric combi boiler providing heating and hot water on demand.
Fully double glazed throughout as well as open plan living creates the perfect environment for modern day living.
Property Reference: SB945A Tenure Details: Leasehold – 999-year Lease with Peppercorn rent. No immediate maintenance charges. Insurance premium required based on square footage.
Property Details: The property briefly comprises; Council Tax Band: Removed as Currently Holiday Let EPC Rating: E-Rating Entrance Hall (1.24m x 1.05m) Carpeted, fuse board, smoke alarm.
Lounge/Kitchen/Diner (4.39m x 3.70m) Laminate flooring, radiator, UPVC double glazed bay window, fully fitted kitchen, with rang of base and drawer units, integrated fridge freezer, integrated dishwasher, integrated electric oven + hob, extractor hood, composite sink + drainer.
Bedroom One (3.14 x 3.99 (10'3" x 13'1")) Carpeted, radiator, UPVC double glazed window. Bedroom 2 (4.41m x 2.29m) Carpeted, radiator, UPVC double glazed window.
Bathroom (1.21 x 3.11 (3'11" x 10'2")) Vinyl flooring, chrome towel radiator, washing machine, electric combi boiler, vanity unit with wash hand basin, vanity unit with toilet, shower cubicle with mixer shower, extractor fan.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 2, Diamond House, 9 Diamond Street, Saltburn-by-the-sea
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