2-bedroom house · TS10 3AH
Listing removedReduced £20k (−11.4%) on 20 JunListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the picturesque Esplanade in Redcar, this stunning penthouse apartment offers a unique blend of luxury and comfort.
With stunning views of the sea, residents can enjoy views of the coastline right from their own home.
The spacious layout allows for ample natural light, creating a warm and inviting atmosphere throughout.
Whether you are entertaining guests or enjoying a quiet evening, the breathtaking views and stylish interiors will surely impress.
Located in a vibrant area, this property is within easy reach of local amenities, including shops, restaurants, and recreational facilities.
The Esplanade itself offers a delightful promenade for leisurely strolls, making it a perfect spot for relaxation and enjoyment.
In summary, this penthouse apartment on the Esplanade in Redcar is a remarkable opportunity for anyone seeking a modern, stylish home with spectacular sea views.
It combines contemporary living with the charm of coastal life, making it a must-see for potential buyers. Tenure: Leasehold Council Tax Band: B EPC Rating: C Entrance Hallway Loft access hatch.
Intercom system. Wall mounted thermostat. Living Room (6.61 x 4.13 (21'8" x 13'6")) Two double glazed windows to the front aspect with stunning sea views. Wall mounted lights.
Storage cupboard with boiler. Kitchen (3.58 x 5.76 (11'8" x 18'10")) Double glazed windows to the side aspect with sea views.
A range of fitted wall and base units with oak effect roll top work surfaces. Integrated appliances including a fridge, freezer, washing machine, single oven, electric hob and overhead extractor hood.
Stainless steel sink with mixer tap. Bedroom One (4.05 x 5.22 (13'3" x 17'1")) Double glazed windows to the side and front aspects. Storage cupboard.
Bedroom Two (2.79 x 3.63 (9'1" x 11'10")) Double glazed window to the rear aspect. Bathroom (1.94 x 1.27 (6'4" x 4'1")) Double glazed, frosted window to the rear aspect.
A four piece bathroom suite comprising of a low level WC, pedestal wash hand basin, a corner bath and a shower cubicle. Stainless steel heated towel rail. Half tiled walls.
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 advisors 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.
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FAQ
About 7 The Royal, Esplande Apartments, Esplanade, Redcar
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