Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · TS10 2NL
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY MODERN METHOD OF AUCTION – T & C’S APPLY SUBJECT TO RESERVE PRICE BUYERS FEES APPLY THE MODERN METHOD OF AUCTION A BEAUTIFULLY PRESENTED BUNGALOW IN THE HIGHLY SOUGHT-AFTER INGS FARM AREA Situated within the highly sought-after Ings Farm area of Redcar, this superbly presented two-bedroom semi-detached bungalow offers a fantastic opportunity for buyers looking for a stylish, well-maintained home in an ever-popular location.
Tastefully decorated in soft neutral tones throughout, the accommodation has a fresh and contemporary feel while remaining warm and inviting.
WHY YOU'LL LOVE THIS HOME • Highly sought-after Ings Farm location • Superb two-bedroom semi-detached bungalow • Beautifully presented throughout • Tastefully decorated in soft neutral tones • Bright and inviting living room • Modern fitted kitchen • Two generous double bedrooms • Stylish modern shower room • Side driveway leading to detached garage • Attractive rear garden with lawn and raised decking A welcoming entrance hall leads through to the bright and comfortable living room, providing an attractive space in which to relax.
The modern fitted kitchen combines contemporary styling with practical everyday use and continues the smart presentation found throughout the home.
There are two generously proportioned double bedrooms, providing flexibility for those requiring a guest room, home office or additional living space, together with a stylish modern shower room.
Outside, a side driveway leads to a detached garage, while the paved frontage provides further useful hardstanding.
To the rear is an attractive and manageable garden combining a lawned area with raised decking, creating a lovely space for relaxing or entertaining.
With local amenities and excellent transport connections close at hand, including nearby bus services and Redcar East train station, this is an appealing bungalow in an area that remains consistently popular.
Early viewing is strongly recommended.
AUCTIONEER'S COMMENTS This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to complete within 56 days (the “Reservation Period”).
Interested parties’ personal data will be shared with the Auctioneer (iamsold). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £349 including VAT for this pack, which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 including VAT.
This fee is paid in addition to the purchase price and is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 including VAT.
These services are optional. MEASUREMENTS SHOWN ON FLOORPLANS NEEDING A MORTGAGE?
We work in partnership with Mortgage Advice Bureau to search the whole marketplace and find the right mortgage for you.
Speak to our team to arrange a free, no-obligation appointment and receive expert advice tailored to your individual circumstances.
AGENTS' NOTES The measurements provided are intended as a guide only and have been taken from the floorplans.
These particulars do not constitute any part of an offer or contract and should not be relied upon as statements of fact.
Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the information provided.
Services, systems and appliances referred to within these particulars have not been tested by Selectiv and no warranty can be given as to their condition or working order.
Please note that some photographs may have been digitally enhanced, virtually staged or taken at different times of the year to best showcase the property.rty.
Parking - Driveway Parking - Garage
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs

FAQ
About Castle Road, Redcar, TS10
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