3 Bed Terraced House, Single Let, Redcar, TS10 2AN, £65,000

Scott Street, Redcar, North Yorkshire, TS10 2AN - 13 views - 2 months ago

BTL
ROI: 17%
~93 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

~93 m²
Price/m²£699/m²

Value Estimate

£78,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£3,150

Total Cash In

£19,400

 

 

Cash Out

 

Rent Range

£595 - £3,300

Rent Estimate

£623

Running Costs/mo

£348

Cashflow/mo

£275

Cashflow/yr

£3,303

ROI

17%

Gross Yield

12%

Local Sold Prices

50 sold prices from £59K to £172.5K, average is £101.3K. £513/m² to £1.9K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£78K04/210 mi26, Scott Street, Redcar, Redcar And Cleveland TS10 2AN3
£78K04/210.01 mi26, Scott Street, Redcar, Redcar And Cleveland TS10 2AN3
£79K04/210.01 mi34, Soppett Street, Redcar, Redcar And Cleveland TS10 2AL3
£121K01/240.06 mi29, Thrush Road, Redcar, Redcar And Cleveland TS10 2AT3
£85K03/230.08 mi54, Thrush Road, Redcar, Redcar And Cleveland TS10 2AS3
£84.8K07/230.08 mi58, Thrush Road, Redcar, Redcar And Cleveland TS10 2AS3
£59K04/230.1 mi14, Elton Street, Redcar, Redcar And Cleveland TS10 2AD3
£80.7K10/230.11 mi26, France Street, Redcar, Redcar And Cleveland TS10 3HH3
£80K04/240.11 mi12, Holder Street, Redcar, Redcar And Cleveland TS10 2AB3
£115K01/210.12 mi11, Lumley Road, Redcar, Cleveland TS10 2BD3
£120K04/210.12 mi9, Lumley Road, Redcar, Redcar And Cleveland TS10 2BD3
£77.5K09/230.12 mi57, Charlotte Street, Redcar, Redcar And Cleveland TS10 3HU3
£60K10/210.12 mi65, Charlotte Street, Redcar, Cleveland TS10 3HU3
£88K03/230.12 mi28, Red Lion Street, Redcar, Redcar And Cleveland TS10 3HF3
£64K12/200.13 mi27, Charles Street, Redcar, Redcar And Cleveland TS10 3HP3
£92.5K06/230.13 mi58, Alfred Street, Redcar, Redcar And Cleveland TS10 3HY3
£82.5K01/230.14 mi45, Alfred Street, Redcar, Redcar And Cleveland TS10 3HZ3
£90K06/210.14 mi86, Lumley Road, Redcar, Redcar And Cleveland TS10 2BE3
£83K08/230.15 mi46, Muriel Street, Redcar, Redcar And Cleveland TS10 3JB3
£70K06/210.18 mi62, West Dyke Road, Redcar, Redcar And Cleveland TS10 1HQ3
£170K01/230.18 mi62, West Dyke Road, Redcar, Redcar And Cleveland TS10 1HQ3
£64K07/210.18 mi38, Lumley Road, Redcar, Redcar And Cleveland TS10 2BG3
£123.5K10/210.18 mi50, Lumley Road, Redcar, Redcar And Cleveland TS10 2BG3
£66K08/230.19 mi92, Lord Street, Redcar, Redcar And Cleveland TS10 3JA3
£134K11/200.19 mi14, Althorp, Redcar, Redcar And Cleveland TS10 1NY3
£149.9K11/200.19 mi12, Althorp, Redcar, Redcar And Cleveland TS10 1NY3
£103K12/220.2 mi3, Olliver Street, Redcar, Redcar And Cleveland TS10 2AY3
£172.5K01/230.2 mi11, Aske Road, Redcar, Redcar And Cleveland TS10 2BS3
£144.9K04/230.22 mi92, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ES3
£145K11/200.22 mi106, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ES3
£110.1K07/210.22 mi14, Buckingham Road, Redcar, Redcar And Cleveland TS10 1EU3
£95K04/230.22 mi6, Buckingham Road, Redcar, Redcar And Cleveland TS10 1EU3
£135K07/230.23 mi31, Corporation Road, Redcar, Redcar And Cleveland TS10 1EY3
£125K06/210.23 mi59, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ER3
£137K01/240.23 mi95, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ER3
£122K05/230.23 mi43, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ER3
£95K04/230.23 mi107, Sandringham Road, Redcar, Redcar And Cleveland TS10 1ER3
£105K10/210.23 mi49, Buckingham Road, Redcar, Redcar And Cleveland TS10 1ET3
£165K04/240.24 mi49, Park Avenue, Redcar, Redcar And Cleveland TS10 3LJ3
£61.5K03/210.25 mi15, Westbourne Grove, Redcar, Redcar And Cleveland TS10 1EH3
£100K11/210.26 mi31, Sandringham Road, Redcar, Redcar And Cleveland TS10 1EX3
£130K12/210.26 mi37, Sandringham Road, Redcar, Redcar And Cleveland TS10 1EX3
£102.5K08/210.26 mi8, Sandringham Road, Redcar, Redcar And Cleveland TS10 1EX3
£60K06/210.26 mi38, William Street, Redcar, Redcar And Cleveland TS10 3BS3
£93K09/210.27 mi74, Westfield Avenue, Redcar, Redcar And Cleveland TS10 1HG3
£135.9K11/210.28 mi17, Stanley Grove, Redcar, Redcar And Cleveland TS10 3LN3
£120K02/230.28 mi13, Stanley Grove, Redcar, Redcar And Cleveland TS10 3LF3
£145K05/230.31 mi38, Park Avenue, Redcar, Redcar And Cleveland TS10 3LD3
£137K08/210.32 mi26, Laburnum Road, Redcar, Redcar And Cleveland TS10 3LP3
£126K08/230.32 mi52, Laburnum Road, Redcar, Redcar And Cleveland TS10 3LP3

Local Rents

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

RentDateDistanceAddressBeds 
£2,10010/240.01 mi-3
£2,30002/250.01 mi-3
£2,30001/250.01 mi-3
£69510/240.03 miSoppett Street, Redcar, North Yorkshire, TS103
£2,10010/240.04 mi-3
£2,30001/250.04 mi-3
£3,10011/240.04 mi-3
£2,25001/250.04 mi-3
£2,30002/250.04 mi-3
£65010/240.08 mi-3
£65008/240.08 mi-3
£2,10010/240.09 mi-3
£2,30011/240.09 mi-3
£3,00001/250.09 mi-3
£2,30009/240.11 mi-3
£3,30010/240.11 mi-3
£2,30002/250.11 mi-3
£2,30002/250.11 mi-3
£80010/240.13 miLumley Road, Redcar, North Yorkshire, TS103
£78510/240.23 mi-3
£66010/240.38 mi-3
£59510/240.43 miRegency Mews, Redcar, North Yorkshire, TS103
£70010/240.44 miCoatham Road, Redcar, North Yorkshire, TS103
£2,16703/250.48 mi-3
£2,16703/250.5 mi-3
£72510/240.61 mi-3

Local Area Statistics

Population in TS10

36,800

Population in Redcar

48,622

Town centre distance

0.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+100%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £65,000

February 3, 2025

Description

  • NO FORWARD CHAIN +
  • PERFECT INVESTMENT OPPORTUNITY +

ATTENTION INVESTORS Situated within easy reach of local shops, transport links and schools. Property briefly comprises Lounge/Diner, Kitchen, Downstairs Bathroom, rear Courtyard along with no forward chain.

Detailed Accommodation: Scott Street, Redcar

Entrance Hall: uPVC double glazed door, front access, radiator, leading to Lounge/Diner and Staircase.

Lounge/Diner: 24'8" x 11' (7.55m x 3.35m) uPVC double glazed bay window, front aspect, uPVC double glazed window, rear aspect, feature fireplace incorporating coal effect fire, decorative coving, radiators, door into Kitchen, uPVC double glazed French Doors, Rear access into rear courtyard.

Kitchen: 22' x 6'2" (6.7m x 1.8m) uPVC double glazed window, side aspect, range of wall, floor, drawer units, integrated electric oven and hob, part tiled surround, plumbing for washing machine and dishwasher, door into Rear Lobby.

Rear Lobby: Leads to Bathroom, and door into Rear Courtyard.

Bathroom: uPVC double glazed window, side aspect, Low level W/c, wash hand basin, panelled bath.

Landing: Leads to Bedrooms and Bathrooms.

Bedroom One: 14'3" x 11'5" (4.35m x 3.50m) uPVC double glazed window, front aspect, radiator.

Bedroom Two: 11'9" x 8'5" (3.62m x 2.59m) uPVC double glazed window, rear aspect, radiator.

Bedroom Three: 11'5" x 9'6" (3.53m x 2.93m) uPVC double glazed window, front aspect, radiator.

Courtyard: Rear enclosed courtyard, with gated access to rear.

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 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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