Seymour Close, Marske-By-The-Sea, Redcar, TS11 7EE

Property Overview

Offered for sale with no chain, this substantial 3-bedroom detached bungalow is situated on a 0.11-acre plot in a popular residential area of Marske-by-the-Sea. The property spans over 1,300 sq. ft. and offers huge scope for future development. Early viewing is essential to fully appreciate the property.

Accommodation

• Entrance hall and hall
• Lounge diner
• Kitchen
• Conservatory
• Three bedrooms
• Bathroom
• Utility
• Garage

Location

Located within a popular residential area of Marske-by-the-Sea, Redcar, TS11 7EE.

Tenure & Key Information

• Tenure: Freehold
• EPC: C
• Council Tax: Band D
• Parking: Concrete driveway with twin gated access to the rear garden, plus a garage with roller access door
• Heating: Baxi combi boiler, gas fire and radiators
• Services: The seller advises mains gas, electricity, water and sewerage. None of the services have been tested.
• Occupancy status: Not supplied

Auction & Buyer Charges

• Guide price: £155,000+
• Auction date: 30th September 2026
• Auction administration fee: £2,000 + VAT (total £2,400), payable by the successful buyer
• If using a referred North East based solicitor from the auctioneer's panel, the auctioneer would receive a referral fee between £200 plus VAT (£240) and £400 plus VAT (£480).

Investment Analysis

HB estimate: indicative GDV is £155,000, anchored to the £155,000+ guide and the only supplied same-road completed sale of £152,000 from 2015. The comparable is historic, so current market value is uncertain. This is an estimate, not a formal valuation.

• HB estimated rent: £688 pcm
• HB estimated gross yield: 5.32%
• HB estimated maximum bid: £152,600

The HB estimated maximum bid is based solely on the supplied guide/value evidence and known £2,400 administration fee. It excludes finance, taxes, refurbishment and other costs.

Sold Comparables

Rental Evidence

Advertised rental evidence: £688 pcm for a 3-bedroom flat/apartment in Marske-by-the-Sea, Redcar and Cleveland. This is an advertised asking rent, not an achieved or passing rent, and relates to a different property type. The HB estimated rent is £688 pcm.

Strategy & Risks

Proceed only after confirming condition, vacant or tenanted status and current local bungalow rental evidence. Treat £152,600 as an indicative maximum bid based solely on the supplied guide/value evidence and known administration fee, not as a fully underwritten investment limit.

• The principal sold comparable is from 2015 and may not reflect current value.
• The rental evidence is a single advertised asking rent for a 3-bedroom flat, not a detached bungalow or achieved rent.
• Occupancy status is not supplied.
• Condition and refurbishment requirements are unknown.
• The £2,400 administration fee is included in the indicative bid calculation, but other acquisition and ownership costs are excluded.