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Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH - Image 1
Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH - Image 2
Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH - Image 3
Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH - Image 4
Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH - Image 5
Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH - Image 6
Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH - Image 7
Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH - Image 8

Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH

North East

£15,000

Listed on 28/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom maisonette in Redcar presents a compelling opportunity for investors looking to enter the buy-to-let market or create a coastal holiday retreat. While the property is in need of comprehensive refurbishment, it offers substantial potential due to its prime location near both the town centre and the beach. The layout features a communal entrance leading to a ground floor access point, with an upper level consisting of a spacious lounge and kitchen, alongside a bedroom and bathroom. The property benefits from gas central heating and UPVC double glazing on nearly all windows, excluding one in the bathroom. Given its location and characteristics, this project could yield significant returns for those willing to undertake the necessary improvements. A virtual tour is available for interested parties to assess the property's layout and condition.

Investment Analysis

(TS10 area)
Area Average
£165/sq ft
Avg Rent (weekly)
£181
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£18,000 - £28,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TS10)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +5.4%
5 year growth: +20.5%
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

Flat 1, 3 Station Road, Redcar, North Yorkshire TS10 1AH
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£57
Based on a loan of £11,250 over 30 years at 4.45% 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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