McGowan Housing says ..
Buy-to-Let Opportunity | Long-Term Tenant Currently Situated | 2 Bedroom Flat | Long Term Tenant Currently Situated | Easy Access to Local Amenities | Prime Rental Location Within Redcar
Property Oracle says ..
This 2-bedroom maisonette in Regency Mews, Redcar, presents a mixed bag. Its location is a clear advantage, boasting easy access to Redcar Central train station and several schools. The proximity to amenities is likely to be another positive aspect but it is not fully confirmed from the information provided. The property’s condition is decent but would benefit from some cosmetic improvements; the bathroom and kitchen may need to be refurbished or upgraded in the near future to ensure the property maintains its attractiveness. The small patio area offers minimal outdoor space, which will affect the appeal of the property for families, although for investors it may be less of an issue. The list price of £84,000 appears competitive when considering the price range of other properties in the same development and its surrounding area. Overall, the property is suitable for either owner-occupation or as a buy-to-let investment, although potential buyers should factor in potential costs for cosmetic improvements or future upgrades. The absence of precise square footage information for comparable properties limits the accuracy of this assessment.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 747.45
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 97,500.00 £Decreased by 25.71 %
- Est sale value
- 76,239.90 £Decreased by 3.77 %
- Average area rental value
- 570.00 £/moIncreased by 17.77 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 7.02 %Increased by 58.47 %
- Crime Rate
- 39.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Redcar Coast Surestart Children'S Centre | Children's Centre | 0.29 KM | |
| Sacred Heart Catholic Secondary | Academy Converter | Requires improvement | 1.13 KM |
| St Benedict'S Catholic Primary School | Academy Converter | Good | 1.20 KM |
| Coatham Church Of England Primary School | Academy Converter | 1.20 KM | |
| Zetland Primary School | Academy Converter | Good | 1.45 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Arundel Street | £ 0 | 0 | 0.00 KM |
| Corporation Road | £ 280,000 | 0 | 0.00 KM |
| Easson Road | £ 0 | 0 | 0.00 KM |
| Brooksbank Avenue | £ 133,333 | 0 | 0.00 KM |
| George Street | £ 80,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Redcar Central | 7950 | RCC | 0.38 KM |
| Redcar East | 7974 | RCE | 2.48 KM |
| Redcar British Steel | 7932 | RBS | 4.58 KM |
| Longbeck | 7978 | LGK | 5.71 KM |
| Marske | 7928 | MSK | 6.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Regency Mews, Redcar, TS10 | £ 84,000 | BUY | 5 / 10 | 0.00 KM |
| 12 Regency Mews, Redcar, North Yorkshire TS10 1AX | £ 50,000 | BUY | 5 / 10 | 0.01 KM |
| Regency Mews, Redcar | £ 69,950 | BUY | Unknown | 0.02 KM |
| 17 Regency Mews, Redcar, North Yorkshire TS10 1AX | £ 50,000 | BUY | 5 / 10 | 0.02 KM |
| Newcomen Court, Redcar, North Yorkshire, TS10 | £ 79,950 | BUY | 7 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Regency Mews | £ 102,000 | 0.00 KM |
| 14 Regency Mews | £ 114,887 | 0.00 KM |
| 4 Regency Mews | £ 112,625 | 0.00 KM |
| 17 Regency Mews | £ 112,625 | 0.00 KM |
| 2 Regency Mews | £ 112,625 | 0.00 KM |