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Park Terrace, Loftus, Saltburn-By-The-Sea

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • SECRET PROPERTY - ONLY AVAILABLE TO BTL INVESTORS
  • BUYERS PREMIUM FEE REQUIRED ON OFFER ACCEPTANCE
  • SOLD WITH SITTING TENANT PAYING £600 PCM
  • THE TENANCY COMPLIES WITH THE RENTERS RIGHTS ACT 2026
  • NO RENT ARREARS OR TENANCY BREACHES
  • POTENTIAL YIELDS 10%

Description

An excellent investment opportunity to purchase a fully tenanted property offered as a discreet sale. Available exclusively to buy-to-let investors, the property provides immediate rental income and attractive yield potential.

Agent's Notes - Buyers Premium Fee - A Buyer's Premium of £4,000 plus VAT is payable upon acceptance of an offer.

By proceeding with an offer, the successful purchaser agrees to engage the selling agent for ongoing property management services. A Property Management Agreement will be provided prior to the offer being formally accepted, together with details of the Buyer's Premium payment.

The Buyer's Premium is non-refundable and will be retained by the agent if:

the purchaser fails to complete the transaction within two months of the offer being accepted; or
the purchaser withdraws from the purchase prior to completion.

The Buyer's Premium will be refunded in full should the seller withdraw from the sale prior to completion.

Entrance - The property is entered via a welcoming entrance hall, providing access to the principal ground floor accommodation while offering a practical space for coats and shoes.

Dining Room - Situated to the front of the property, the living room is a comfortable and well-proportioned reception space featuring a large front-facing window that fills the room with natural light. Offering ample space for a range of furnishings, it provides an ideal setting for everyday living and relaxation.

Lounge - Leading from the kitchen is a useful rear lobby providing additional storage or utility space, with room for laundry appliances and direct access to the rear yard.

Kitchen - Located to the rear of the property, the kitchen is fitted with a range of wall and base units complemented by work surfaces, incorporating space for freestanding appliances and food preparation. The room benefits from direct access to the rear of the property, making it both practical and functional for day-to-day living.

Bathroom - Completing the first floor is the family bathroom, fitted with a panelled bath, wash hand basin and low-level WC. The room is well-sized and benefits from natural light provided by a rear-facing window.

Bedroom 1 - Positioned to the front of the property, the principal bedroom is a generous double room offering ample space for a double bed and additional bedroom furniture, while benefiting from excellent natural light through the large front-facing window.

Bedroom 2 - Located to the rear, the second bedroom is a well-proportioned room that would comfortably accommodate a single bed or alternatively serve as a nursery, dressing room or home office.

Large Rear Garden -

Brochures

Park Terrace, Loftus, Saltburn-By-The-SeaBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Park Terrace, Loftus, Saltburn-By-The-Sea

Approximate location

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Affordability

Monthly repayments£362
Property: £ 72,000
Deposit: £ 7,200
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
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.
Extension potential
Recently sold & under offer
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About PH Estate Agents, Redcar

65 High Street, Redcar, TS10 3DD

Welcome to PH Estate Agents

Here at PH Estate Agents, we understand the experience of moving, whether it be the joy of owning your first home or investment, or the emotions attached to selling a home for a loved one, we are here to guide you through the process and ensure your property journey is as smooth as possible. We offer guidance for what you will experience throughout the entire process.

What We Do

We believe in traditional estate agency values, based on trust and exceptional customer service. Our dedicated and experienced team provide a modern service, based on our core values, and we consistently strive to improve our service to ensure our customers have the best possible experience with us.

We understand that homes are not just bricks and mortar and make it our business to understand our customers and their situations, dealing with all aspects of the property journey with professionalism and care.

Our Values

We pride ourselves on always acting in accordance with our core values, being genuine and trustworthy. We offer flexible appointment times to meet the needs of our clients. Our experienced staff have over 35 years combined experience and can offer local knowledge as well as a friendly approach. From selling your home, to finding you a tenant, or simply advice on the next steps, we are always happy to help.

When it comes to choosing an agent... choose R.I.G.H.T.

Reliable | Integrity | Genuine | Helpful | Trustworthy

Adding a personal touch...

Unlike some estate agents, we don't just operate online.

Remaining true to our own values, we believe that giving our customers the opportunity to speak with us directly should come as standard.

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Disclaimer - Property reference 34836661. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PH Estate Agents, Redcar. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.