Worst House on the Street Logo
West Dyke Road, Redcar, North Yorkshire, TS10 1EA - Image 1
West Dyke Road, Redcar, North Yorkshire, TS10 1EA - Image 2
West Dyke Road, Redcar, North Yorkshire, TS10 1EA - Image 3
West Dyke Road, Redcar, North Yorkshire, TS10 1EA - Image 4

West Dyke Road, Redcar, North Yorkshire, TS10 1EA

South East

£90,000
Listed on 09/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property represents an intriguing opportunity for renovation and investment, offering a blank canvas that can be tailored to various uses pending planning approval. The former banking hall boasts an impressive design, featuring soaring ceilings and expansive front windows that invite natural light and provide excellent visibility from the street. The largely open-plan interior allows for flexible reconfiguration to suit different business or residential needs. An additional benefit is the upper floor, which extends the usable space by 357 square feet, although access is currently limited. Preliminary work has commenced on installing a staircase, further enhancing the potential for expansion and increased utility of the property. The building's exterior retains classic bank architectural elements along with charming original features, adding character and appeal. Situated in a highly sought-after location near Redcar's bustling shopping district and the iconic Redcar Clock, this property is also within a short stroll of the seafront, making it an attractive prospect for those looking to capitalize on foot traffic and local amenities. With easy access to public transport options like Redcar Central rail station and local bus services connecting to Middlesbrough and the greater Teesside area, this site holds significant promise for future development. With its combination of prime location and distinctive architectural features, this property offers considerable renovation potential that could yield substantial returns on investment.

Investment Analysis

(ME10 area)
Area Average
£335/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (ME10)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -0.2%
5 year growth: 22.8%
Investment Disclaimer: Analysis based on ME10 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

West Dyke Road, Redcar, North Yorkshire, TS10 1EA
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£330
Based on a loan of £67,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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

Similar Properties