3 Bed Terraced House, Single Let, Redcar, TS10 3HY, £70,000

Alfred Street, Redcar, North Yorkshire, TS10 3HY - a year ago

Sold STC
BTL
ROI: 14%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£59K - £172.5K
Sold Prices/m²£513/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£84,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£595 - £3,300

Rent Estimate

£616

Running Costs/mo

£362

Cashflow/mo

£254

Cashflow/yr

£3,049

ROI

14%

Gross Yield

11%

Local Sold Prices

50 sold prices from £59K to £172.5K, average is £107.1K. £513/m² to £1.9K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£92.5K06/230 mi58, Alfred Street, Redcar, Redcar And Cleveland TS10 3HY3
£77.5K09/230.01 mi57, Charlotte Street, Redcar, Redcar And Cleveland TS10 3HU3
£60K10/210.01 mi65, Charlotte Street, Redcar, Cleveland TS10 3HU3
£82.5K01/230.02 mi45, Alfred Street, Redcar, Redcar And Cleveland TS10 3HZ3
£83K08/230.04 mi46, Muriel Street, Redcar, Redcar And Cleveland TS10 3JB3
£64K12/200.04 mi27, Charles Street, Redcar, Redcar And Cleveland TS10 3HP3
£66K08/230.06 mi92, Lord Street, Redcar, Redcar And Cleveland TS10 3JA3
£80.7K10/230.08 mi26, France Street, Redcar, Redcar And Cleveland TS10 3HH3
£85K03/230.1 mi54, Thrush Road, Redcar, Redcar And Cleveland TS10 2AS3
£84.8K07/230.1 mi58, Thrush Road, Redcar, Redcar And Cleveland TS10 2AS3
£88K03/230.11 mi28, Red Lion Street, Redcar, Redcar And Cleveland TS10 3HF3
£78K04/210.12 mi26, Scott Street, Redcar, Redcar And Cleveland TS10 2AN3
£78K04/210.13 mi26, Scott Street, Redcar, Redcar And Cleveland TS10 2AN3
£79K04/210.13 mi34, Soppett Street, Redcar, Redcar And Cleveland TS10 2AL3
£60K06/210.15 mi38, William Street, Redcar, Redcar And Cleveland TS10 3BS3
£121K01/240.15 mi29, Thrush Road, Redcar, Redcar And Cleveland TS10 2AT3
£165K04/240.17 mi49, Park Avenue, Redcar, Redcar And Cleveland TS10 3LJ3
£103K12/220.19 mi3, Olliver Street, Redcar, Redcar And Cleveland TS10 2AY3
£120K02/230.19 mi13, Stanley Grove, Redcar, Redcar And Cleveland TS10 3LF3
£115K01/210.2 mi11, Lumley Road, Redcar, Cleveland TS10 2BD3
£120K04/210.2 mi9, Lumley Road, Redcar, Redcar And Cleveland TS10 2BD3
£80K04/240.2 mi12, Holder Street, Redcar, Redcar And Cleveland TS10 2AB3
£59K04/230.21 mi14, Elton Street, Redcar, Redcar And Cleveland TS10 2AD3
£64K07/210.21 mi38, Lumley Road, Redcar, Redcar And Cleveland TS10 2BG3
£123.5K10/210.21 mi50, Lumley Road, Redcar, Redcar And Cleveland TS10 2BG3
£90K06/210.21 mi86, Lumley Road, Redcar, Redcar And Cleveland TS10 2BE3
£145K05/230.22 mi38, Park Avenue, Redcar, Redcar And Cleveland TS10 3LD3
£172.5K01/230.23 mi11, Aske Road, Redcar, Redcar And Cleveland TS10 2BS3
£135.9K11/210.23 mi17, Stanley Grove, Redcar, Redcar And Cleveland TS10 3LN3
£137K08/210.28 mi26, Laburnum Road, Redcar, Redcar And Cleveland TS10 3LP3
£126K08/230.28 mi52, Laburnum Road, Redcar, Redcar And Cleveland TS10 3LP3
£85K11/210.29 mi13, Beech Avenue, Redcar, Redcar And Cleveland TS10 3BG3
£125K05/240.29 mi4, Beech Avenue, Redcar, Redcar And Cleveland TS10 3BG3
£106K05/210.29 mi4, Beech Avenue, Redcar, Redcar And Cleveland TS10 3BG3
£137.5K05/210.29 mi27, Laburnum Road, Redcar, Redcar And Cleveland TS10 3LT3
£108.1K02/210.29 mi43, Laburnum Road, Redcar, Redcar And Cleveland TS10 3LT3
£125K07/230.29 mi5, Laburnum Road, Redcar, Redcar And Cleveland TS10 3LT3
£61.5K03/210.29 mi15, Westbourne Grove, Redcar, Redcar And Cleveland TS10 1EH3
£134K11/200.3 mi14, Althorp, Redcar, Redcar And Cleveland TS10 1NY3
£149.9K11/200.3 mi12, Althorp, Redcar, Redcar And Cleveland TS10 1NY3
£70K06/210.31 mi62, West Dyke Road, Redcar, Redcar And Cleveland TS10 1HQ3
£170K01/230.31 mi62, West Dyke Road, Redcar, Redcar And Cleveland TS10 1HQ3
£144.9K04/230.31 mi92, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ES3
£145K11/200.31 mi106, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ES3
£158K11/230.32 mi2, Lime Road, Redcar, Redcar And Cleveland TS10 3BD3
£125K06/210.32 mi59, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ER3
£137K01/240.32 mi95, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ER3
£122K05/230.32 mi43, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ER3
£95K04/230.32 mi107, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ER3
£120K12/200.32 mi24, Ings Road, Redcar, Redcar And Cleveland TS10 2DL3

Local Rents

25 rents from £595/mo to £3.3K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,10010/240.14 mi-3
£2,30002/250.14 mi-3
£2,30001/250.14 mi-3
£69510/240.14 miSoppett Street, Redcar, North Yorkshire, TS103
£2,10010/240.16 mi-3
£2,30001/250.16 mi-3
£3,10011/240.16 mi-3
£2,25001/250.16 mi-3
£2,30002/250.16 mi-3
£65010/240.17 mi-3
£65008/240.17 mi-3
£80010/240.19 miLumley Road, Redcar, North Yorkshire, TS103
£2,10010/240.19 mi-3
£2,30011/240.19 mi-3
£3,00001/250.19 mi-3
£2,30009/240.21 mi-3
£3,30010/240.21 mi-3
£2,30002/250.21 mi-3
£2,30002/250.21 mi-3
£78510/240.32 mi-3
£66010/240.39 mi-3
£59510/240.46 miRegency Mews, Redcar, North Yorkshire, TS103
£70010/240.49 miCoatham Road, Redcar, North Yorkshire, TS103
£2,16703/250.54 mi-3
£2,16703/250.56 mi-3

Local Area Statistics

Population in TS10

36,800

Population in Redcar

48,622

Town centre distance

0.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+100%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Price changed to £70,000

December 4, 2024

Listed for £79,950

May 24, 2024

Description

  • uPVC double glazing +
  • Gas central heating +
  • 2 Reception rooms +
  • Rear courtyard +
  • No chain +

3 bedroomed mid-terrace property, would make an ideal purchase for the first time buyer or buy to let investor. Offering spacious living accommodation along with no forward chain. Ideally situated within easy reach of schools, shops and transport links.

Detailed Accommodation: Alfred Street, Redcar.

Entrance Hall: uPVC double glazed door, front access, laminate flooring, decorative coving, radiator, leads to Dining room and Staircase.

Lounge: 12'1" x 10'7" (3.6m x 3.2m)uPVC double glazed bay window, front aspect, feature fireplace, decorative coving, radiator, double doors into Dining Room.

Dining Room:12'6" x 10'6" (3.8m x 3.2m)uPVC double glazed window, rear aspect, laminate flooring, decorative coving, radiator, under stairs storage cupboard, door leading into kitchen.

Kitchen: 11'4" x 8'4" (3.4m x 2.5m) uPVC double glazed window, side aspect, range of wall, floor and drawer units, integrated electric oven and gas hob, plumbing for washer, laminate flooring, door into Rear Lobby.

Rear Lobby: Door to Bathroom, Door into Rear Yard.

Bathroom: uPVC double glazed frosted window, side aspect, vanity unit with wash hand basin, low level W/c, walk in double shower, PVC panelled surround.

Landing: Radiator, leads to Bedrooms.

Bedroom One: 14'3" x 12' (4.3m x 3.6m)uPVC double glazed bay window, front aspect, decorative coving, radiator.

Bedroom Two: 12'8" x 8'5" (3.9m x 2.5m)uPVC double glazed window, rear aspect, radiator.

Bedroom Three: 8'5" x 6'2" (2.5m x 1.8m)uPVC double glazed window, rear aspect, radiator.

Exterior: Rear enclosed Courtyard.

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 you require more accurate measurements this can be arranged though 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.

Agent Details

Kings Estate Agents, Redcar

01642 056330

Next Steps?

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