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26 Alfred Street, Redcar, TS10 3HY

North East

£65,000
Listed on 07/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace property in Redcar offers a compelling investment prospect for those looking to enhance their portfolio or start a new venture. Located in a desirable residential area, the property is positioned within reach of essential amenities and the scenic coastline, making it attractive to prospective tenants and first-time buyers alike. The layout includes a sizable lounge, kitchen, two bedrooms, and a family bathroom, all of which can benefit from modernisation. As Redcar continues its regeneration efforts and experiences an uptick in demand for affordable rental homes, this property stands out as an opportunity for generating commendable rental yields following refurbishment. The high tenant demand coupled with its proximity to local schools and transport links ensures that this home could quickly be transformed into a sought-after rental unit. With considerable potential for value addition through cosmetic upgrades or structural improvements, this property represents an excellent canvas for creative investors.

Investment Analysis

(TS10 area)
Area Average
£162/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.9%

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
42
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (TS10)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +2.0%
5 year growth: +18.1%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£230
Based on a loan of £48,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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