Where Excellence Comes as Standard – Alfred Street, Redcar

5 Bedroom | 5 Bathroom | High Yield HMO Investment

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Financial Breakdown

  • Purchase Price: £77,000.00
  • Deposit: Ask for details (includes 6 months interest for bridging loan)
  • Conversion/Build: Ask for details (subject to further onsite visits)
  • Set up & Design Fees: Ask for details
  • Stamp Duty: Ask for details
  • Legals Estimate: £1,400.00
  • Survey: £650.00
  • Furniture & Flooring Packs: Ask for details
  • Total Project Cost: Ask for details(includes 6 months interest for bridging loan)
  • Total Cash Outlay: Ask for details (includes 6 months interest for bridging loan)
  • Projected Rental Income: £29,900/year (£115 PPPW net of bills x 5)
  • Management Fees (10% incl. VAT): £4,368.00
  • Net Income After Management: £25,532.00/year
  • Post-Refinance Cash Left: Ask for details
  • ROI After Refinance: 41.42%
  • Refinance & Cash-Out: Ask for details

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Includes project execution, refurbishment details, and tenant insights.

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Why Invest in Redcar?

  • Highly Accessible Location: close to local amenities, schools, parks, seafront; Middlesbrough town centre a short drive away.
  • Prime for Student Tenants: Teesside University and vocational programs in the Tees Valley make Redcar ideal for students.
  • Appealing to Young Professionals: Growth in Teesworks, offshore energy, logistics, and healthcare sectors creates rental demand.
  • Strategic Coastal Location: Gateway to Teesworks & Tees Freeport; affordable investment hub.
  • Industrial & Energy Growth: Green energy, offshore wind, hydrogen, and advanced manufacturing projects.
  • Long-Term Growth: Strong regeneration, freeport status, and low-cost housing make Redcar a high-potential hotspot.

Key Property Features

  • A new Inspire landlord thermostatic system will be installed to control central heating, potentially saving up to £1,000 per year.
  • The property will be refurbished to the highest standard and will include full furniture packs with a washing machine, vacuum cleaner, and microwave.
  • All rooms will be rented at market rates (ensuite) per person per week.
  • The property will be fully regulated and compliant with local council requirements following inspection.
  • Every room will have interlinked smoke alarms, emergency lighting, fire panels, and heat sensors installed.

Nearby Locations

Town Centre
10 min drive
Teesside University
15 min drive
Teesworks
10 min drive
Seafront
5 min drive

Property Location

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* VAT and terms apply where applicable.

Disclaimer: All figures are estimates and subject to market conditions, lender criteria, and planning outcomes. Capital at risk. Past performance is not a guarantee of future results. Always seek independent financial advice before investing. We also refer you to our terms and conditions which supersede any previous versions.