57 Charltons, Saltburn-by-the-sea, Cleveland

Description

Vacant freehold mid-terrace house with a private rear garden and easy access to Whitby, Guisborough and the North York Moors. GIA approximately 78.10 sq m (840 sq ft), sourced from the EPC.

Accommodation

First floor: reception room, dining room and kitchen. Ground floor: two bedrooms and shower room with WC. Private rear garden. GIA approximately 78.10 sq m (840 sq ft).

Location

The property is located on the west side of Charltons. The shops and amenities of Guisborough are to the west. Saltburn rail station is approximately 4.8 miles to the north. The A171 is easily accessible. Skelton Warren is nearby.

Tenure / Property Information

Investment Analysis

The evidence includes a same-numbered 57 Front Street comparable sold for £67,000 on 23 July 2026, although it is not confirmed whether this is the same property. Other nearby terraced freehold sales range from £90,000 to £135,000, with one lower sale at £67,000. Because bedroom count, condition, size and specification are not supplied for the comparables, a cautious indicative GDV range of £67,000–£110,000 is used, with a £90,000 base case. This is an estimate rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not bid beyond the guide without a full inspection and independent valuation. Proceed only if condition is verified and the purchase price leaves a clear margin below the cautious GDV range.

Works Required

No specific defects or required works are evidenced. Allowance cannot be quantified without inspection. Confirm condition of the house, kitchen, shower room, services, structure, windows, heating and garden before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The property is vacant and freehold, but refurbishment cost, achievable rent and finance costs are unsupported. On the £90,000 base GDV, 75% refinancing is approximately £67,500; total project cost and cash left in cannot be calculated.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Gross yield, operating surplus and a supported maximum bid cannot therefore be calculated.

Flip Analysis

The £90,000 base GDV is supported only by a mixed set of nearby terraced sales with limited property detail. As works, acquisition costs and selling costs are not supplied, a reliable flip surplus cannot be calculated.

Investor Risks & Due Diligence

• Comparable sales have materially different prices and lack bedroom, condition and size details.

• The same-numbered £67,000 comparable is not confirmed to be the subject property.

• No condition or refurbishment evidence is supplied.

• No rental evidence is available, preventing supported BTL analysis.

• Buyer premium, administration charges and other potential fees are unspecified.

• GDV is an estimate and not a formal valuation.

Recommendation

Do not bid beyond the guide without a full inspection and independent valuation. Proceed only if condition is verified and the purchase price leaves a clear margin below the cautious GDV range.

Strategy Rating

Analysis Confidence

Several nearby completed sales and a guide price are available, but comparable property details, condition, refurbishment costs, rent, fees and selling costs are absent.