Newcomen Terrace, Redcar, North Yorkshire, TS10
KI

Newcomen Terrace, Redcar, North Yorkshire, TS10

By Kings Estate Agents

£ 300,000

Reviews

2 out of 5 stars

Kings Estate Agents says ..

Magnificent sea front property, offering masses of potential to be one of Redcar's Stellar properties, spread across four floors of generous living accommodation and boasting stunning expansive sea views throughout this unique family home. We are confident that you will be impressed with its stunni

Property Oracle says ..

This six-bedroom, three-bathroom property located on Newcomen Terrace in Redcar offers stunning sea views from many of the rooms. The location is a key selling point, being a short walk from Redcar Central train station and providing excellent access to the beach and promenade. However, the property’s condition is a major factor to consider. The photos reveal dated décor, outdated fixtures, and fittings throughout, indicating that extensive renovations will be needed. The potential buyer should be aware that this will add significant cost. The lack of available land or garden further reduces the property’s appeal to many potential buyers. Although there is some uncertainty because of limited pricing information from comparable nearby properties, the list price of £300,000 seems to be slightly on the high side given the necessary refurbishment and the modest size of the property. Prospective buyers should carefully factor in these renovation costs and weigh them against the location’s benefits before making a decision. The property presents a significant project for any potential buyer, requiring a strong budget and vision to realize its full potential.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
1
Bedrooms
6
Bathrooms
3
Sqft (est)
987.80

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 %
from 131,234.00 £
Est sale value
100,755.60 £
Decreased by 3.77 %
from 104,706.80 £
Average area rental value
570.00 £/mo
Increased by 17.77 %
from 484.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
7.02 %
Increased by 58.47 %
from 4.43 %
Crime Rate
31.00 %
Unchanged by 0.00 %
from 31.00 %

Agent Activity

  • Kings Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Redcar Coast Surestart Children'S CentreChildren's Centre0.55 KM
Zetland Primary SchoolAcademy ConverterGood1.19 KM
Sacred Heart Catholic SecondaryAcademy ConverterRequires improvement1.42 KM
St Benedict'S Catholic Primary SchoolAcademy ConverterGood1.47 KM
Coatham Church Of England Primary SchoolAcademy Converter1.52 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Arundel Street £ 000.00 KM
Easson Road £ 000.00 KM
George Street £ 80,00000.00 KM
Brooksbank Avenue £ 133,33300.00 KM
Corporation Road £ 280,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Redcar Central7950RCC0.44 KM
Redcar East7974RCE2.25 KM
Redcar British Steel7932RBS4.90 KM
Longbeck7978LGK5.51 KM
Marske7928MSK6.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newcomen Terrace, Redcar, North Yorkshire, TS10 £ 300,000BUY4 / 100.00 KM
2 Newcomen Terrace, Redcar, Cleveland TS10 1AT £ 150,000BUY5 / 100.05 KM
Newcomen Terrace, Redcar, North Yorkshire, TS10 £ 220,000BUY8 / 100.23 KM
High Street, Redcar, TS10 £ 265,000BUY4 / 100.23 KM
Regency Mansions, Newcomen Terrace £ 235,000BUY5 / 100.24 KM

Nearby Properties

AddressPriceDistance
20 West Terrace £ 29,9950.06 KM
3 Station Road £ 10,0000.07 KM
8a Station Road £ 130,0000.11 KM
2 Station Road £ 248,0000.11 KM
10 Station Road £ 55,5000.11 KM