1-bedroom flat · TS10 2RH
For saleListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
presented presented one bedroomed 1st floor flat, situated on the ever-popular Ings location, situated within easy reach of shops and transport links.
Offering Lounge, Kitchen, bedroom, front garden, allocated car parking spot along with the added benefit of no forward chain.
Detailed Accommodation: Swanage drive, Redcar Entrance: uPVC double glazed door, front access on ground floor, staircase leading up to flat.
Hall: uPVC double glazed window, airing cupboard housing water tank, access into loft via hatch, leads to all rooms.
Lounge: 11'6" x 11'2" (3.5m x 3.m ) uPVC double glazed window, rear aspect, feature fireplace incorporating coal effect fire, radiator, open plan into kitchen.
Kitchen:10' x 8'1" (3m x 2.4m) uPVC double glazed window, front aspect, range of wall, floor and drawer units, integrated electric oven and hob with overhead extractor, tiled splashback, integrated fridge, radiator, plumbing for washing machine.
Bedroom one: 11'1" x 9'8" (3.3m x 2.9m) uPVC double glazed window, rear aspect, radiator.
Bathroom: uPVC frosted double glazed window, front aspect, wash hand basin, low level W/c, panelled bath with overhead shower and glass screen, radiator. Front Garden: Mainly laid with lawn.
Parking: Car parking spot to side.
Lease Left: 65 Years Ground rent £25.00 Council Tax Band A Agents notes: Services: All descriptions of any appliances of service should not be relied upon that there are in good working order.
The buyer should obtain verification from their solicitor or other qualified person before entering into any commitment on the property.
Measurements: All measurements are approximate and should not be relied upon. Should your require more accurate measurements this can be arranged through our office.
Description: Dimensions, descriptions, necessary permission and other details are given without responsibility any intending purchaser must satisfy themselves by inspection or otherwise as to the accuracy of them.
No person in the employment of kings estate agents has an authority to make or give representation or warranty in relation to this property.
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 Swanage Drive, Redcar, Redcar And Cleveland
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