Flats/Maisonettes

ROYAL YORK APARTMENTS 2 COATHAM ROAD

REDCAR, REDCAR AND CLEVELAND, TS10 1RN

£35,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Salon Twenty 2 0.1 miles
Train station Redcar Central 0.2 miles
Bus stop Redcar Clock 0.2 miles
Hospital Guisborough Priory Hospital MIU 5.5 miles
University The Northern School Of Art 7.1 miles

Property details

Tenure

Leasehold

Property type

Flat

Floor area

70 m²

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£35,000 Jan 2026

Price per m²

£500/m²

Local average

£76,813 (8 sales)

Street crime

224 incidents within 1 mile (Apr 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 21/08/2024

Current heating cost: £396/year

Potential heating cost: £401/year

Est. upgrade cost to C: £10

Recommendations

  • Low energy lighting for all fixed outlets (£10)

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 23/01/2026 £35,000 Flat £35,792 to March 2026 View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
ROYAL YORK APARTMENTS 4 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RN £63,000 19/12/2025 Flat
THE CHERRY TREES FLAT 6 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £64,000 04/11/2025 Flat
THE CHERRY TREES FLAT 18 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £66,000 15/12/2023 Flat
LABURNUM HOUSE 14 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1TA £68,500 19/01/2023 Flat
THE CHERRY TREES FLAT 55 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £58,000 14/12/2022 Flat
THE CHERRY TREES FLAT 39 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £68,000 18/11/2022 Flat
THE CHERRY TREES FLAT 20 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £60,000 10/11/2022 Flat
THE CHERRY TREES FLAT 11 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £68,000 04/11/2022 Flat
LABURNUM HOUSE 1 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1TA £43,000 16/08/2022 Flat
LABURNUM HOUSE 30 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1TA £43,000 16/08/2022 Flat
LABURNUM HOUSE 4 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1TA £43,000 16/08/2022 Flat
LABURNUM HOUSE 16 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1TA £65,000 19/07/2022 Flat
THE CHERRY TREES FLAT 33 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £55,000 10/06/2022 Flat
THE CHERRY TREES FLAT 20 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £52,000 10/06/2022 Flat
THE CHERRY TREES FLAT 12 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £60,000 06/05/2022 Flat
THE CHERRY TREES FLAT 23 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £50,500 06/05/2022 Flat
LABURNUM HOUSE 8 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1TA £39,000 06/04/2022 Flat
LABURNUM HOUSE 25 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1TA £39,000 06/04/2022 Flat
THE CHERRY TREES FLAT 5 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1RP £56,950 10/03/2022 Flat
LABURNUM HOUSE 11 COATHAM ROAD, REDCAR, REDCAR AND CLEVELAND, TS10 1TA £39,999 17/02/2022 Flat

Area average: £55,097 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 125.3%
10y growth 61.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Redcar and Cleveland. Series: Flats and maisonettes. As of March 2026.

1y (index) 0.3%
5y (index) 8.9%
10y (index) 25.5%

Rental Range

Estimated market rent for Redcar and Cleveland. Low = conservative, Realistic = average, Optimistic = best case.

Low £580/mo
Realistic £644/mo
Optimistic £708/mo

Based on Local Authority from postcode lookup → Redcar and Cleveland.

LHA (30th percentile) floor for Teesside: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Queen Street, TS10 £500/mo 1 0.09 miles OpenRent
4 Bed Terraced House, Turner Street, TS10 £3,200/mo 4 0.13 miles OpenRent

Average rent: £1,850/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 5.29%
Max investor price (0.8%) £231,250
Target investor price (1%) £185,000
Gross yield 63.4%
Cost-to-rent ratio 1.6×
Monthly cashflow £1,502/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 177.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 64
Anti-social behaviour 51
Public order 21
Criminal damage and arson 20
Burglary 15
Shoplifting 14
Other theft 9
Vehicle crime 9
Drugs 6
Robbery 6
Other crime 5
Possession of weapons 2
Bicycle theft 1
Theft from the person 1
Total incidents 224

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Coatham Church of England Primary School Primary 0.4 miles Good — 13 Jun 2011
Sacred Heart Catholic Secondary Secondary 0.4 miles Good — 25 Sep 2022
St Benedict's Catholic Primary School Primary 0.5 miles Good — 18 Jun 2018
Zetland Primary School Primary 0.6 miles Good — 11 Mar 2014
Newcomen Primary School Primary 0.7 miles (Inspected (no overall grade))

FENSA

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