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26 Alfred Street, Redcar, TS10 3HY

North East

£65,000
Listed on 12/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace property in Redcar offers an attractive investment opportunity for those looking to enter the buy-to-let market or undertake a refurbishment project. Located in a sought-after residential area, the property is within close proximity to local amenities, schools, and transport links, making it appealing to potential tenants. The layout consists of a generous lounge, kitchen, two bedrooms, and a family bathroom, though some modernisation is required to maximise its rental potential. With ongoing regeneration in Redcar driving demand for affordable housing, this property stands to benefit from significant capital appreciation once upgraded. This represents a solid opportunity for investors seeking to add value through cosmetic improvements or structural enhancements.

Investment Analysis

(TS10 area)
Area Average
£165/sq ft
Avg Rent (weekly)
£185
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (TS10)

Area prices are rising by +8.0% over the last 12 months
3 year growth: +5.6%
5 year growth: +24.2%
Investment Disclaimer: Analysis based on TS10 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

26 Alfred Street, Redcar, TS10 3HY
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£234
Based on a loan of £48,750 over 30 years at 4.06% 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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