Modern Method of Auction
Auction date not yet published
4-bedroom terraced house · TS12 1JY
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *****Sold Via Online Auction***** Pattinson Estate Agents are pleased to offer for sale this substantial four-bedroom terraced property situated on Leven Street, Saltburn-by-the-Sea.
Offering generous accommodation arranged over three floors, the property presents an excellent opportunity for investors, developers or purchasers looking for a renovation project within reach of Saltburn's town centre and popular beach.
The property has undergone partial refurbishment, including the installation of new windows, although a significant programme of works is still required to complete the accommodation.
Solar panels are also installed and are owned outright rather than subject to a lease.
The property was previously arranged as a five-bedroom home, with planning permission granted for conversion to a four-bedroom layout.
Works have commenced in accordance with the proposed scheme, which also includes permission to create en-suite facilities to Bedrooms One and Two.
Prospective purchasers should satisfy themselves as to the current status and details of the relevant planning permissions.
The accommodation currently comprises an entrance leading into the hallway, lounge, separate dining room and kitchen area.
The kitchen has been removed as part of the refurbishment works and will require reinstatement. There is also an additional area offering potential for a utility room/W.C.
In line with the proposed layout. To the first floor are three bedrooms and the bathroom area, with the existing bathroom suite having also been removed during the renovation.
The second floor provides the principal bedroom, with the approved plans allowing for further improvements to the accommodation.
Externally, the property benefits from an enclosed courtyard to the rear, with on-street parking available to the front.
Leven Street is conveniently positioned for the amenities of Saltburn-by-the-Sea and within reach of the seafront and beach.
With much of the preparatory work already started, this is an exciting opportunity for a purchaser to complete the refurbishment and create a substantial four-bedroom home or investment property.
Early viewing is recommended to appreciate the size, layout and potential on offer.
Council Tax Band: C Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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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.
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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 13, Leven Street, Saltburn-by-the-Sea
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