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Roxby Lane, Saltburn-by-the-sea, TS13

North East

£575,000
Listed on 08/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
4756 sqft

Description

This expansive coastal property presents a unique opportunity for those looking to invest in a versatile residence with significant potential for renovation and commercial use. Formerly operated as a bed and breakfast, this 9-bedroom house is set on a generous 1.8-acre plot and boasts picturesque views over the North Yorkshire coast. The layout is designed for flexible living arrangements, making it ideal for families or multi-generational households, while also allowing for continued use as a holiday let with an already established cottage. The main house spans over 4,000 sq ft and features 6 ensuite bedrooms, providing ample accommodation options. The well-sized kitchen is equipped with high-quality appliances but may benefit from modern updates to maximize its functionality. The spacious living areas, including a grand sitting room with a traditional stone fireplace, are filled with natural light thanks to multiple windows that overlook the gardens. Outside, the property includes extensive gardens and outdoor space perfect for entertaining or future expansion, subject to planning permissions already in place. There are also two outbuildings providing additional storage or potential workspace. The adjoining holiday letting cottage adds an extra layer of investment opportunity; it was developed recently yet has room for further enhancement to increase rental yield. With thoughtful renovations, this property can be transformed into a luxurious family home or an attractive retreat for guests seeking tranquility by the coast.

Investment Analysis

(TS13 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£121/sq ft
Area Average
£143/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£749,950
10% above area average per sq ft
Potential ROI
-3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TS13)

Area prices are falling by +10.1% over the last 12 months
3 year growth: -1.7%
5 year growth: -2.1%
Investment Disclaimer: Analysis based on TS13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Roxby Lane, Saltburn-by-the-sea, TS13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,106
Based on a loan of £431,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE