Sold STC Flat

FLAT 1

38 - 38A, PEARL STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND TS12 1DU

1 beds 1 baths 431 sq ft Listed 7 Aug 2024 (-680d)

£165,000

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Property details

Tenure

FREEHOLD

Floor area

40 m²

Council tax band

A

EPC rating

C

Year built

England and Wales: 1900-1929

Last sold

£152,500 Feb 2025

Price per m²

£4,125/m²

Local average

£139,571 (+18.2%)

Deprivation

Decile 2 (3,946 of 33,755)

Street crime

35 incidents within 1 mile (Apr 2026)

Key features

  • 1-Bedroom Ground-Floor Apartment
  • Living Room with Bay Window & Sea Views
  • Close to Saltburn's Shops, Cafes & Bistros
  • Within Walking Distance to the Train Station & Bus Links
  • Offered For Sale with No Onward Chain
  • Private Rear Courtyard with Outdoor Seating Space
  • Attractive Fitted Kitchen with Integrated Oven & Hob
  • A Fabulous First-Time Buy / Second Home / Investment
  • Viewing is Essential

Additional details

Garden
Yes

Description

Presented to a high standard throughout, a spacious 1-bedroom ground-floor apartment. Boasting enclosed rear yard, and offered for sale with no onward chain.

Welcome to this charming 1-bedroom ground floor apartment located on Pearl Street in the picturesque Saltburn-By-The-Sea. This property is perfect for those seeking low-maintenance living space.

The apartment offers a large living room that is very inviting with bay window to the front aspect offering sea views. The property boasts a well-appointed bedroom, ideal for a good night's rest, and a modern bathroom for your convenience.

Situated in the heart of Saltburn's Town Centre, you'll have easy access to all the amenities this lovely seaside town has to offer. Whether you fancy a leisurely stroll along the beach or a visit to the local shops and cafes, everything is just a stone's throw away.

One of the highlights of this apartment is the enclosed rear yard with seating area, perfect for enjoying a cup of tea in the morning or unwinding after a long day. The immaculate standard of presentation throughout the property ensures that you can move in hassle-free and start enjoying your new home right away.

Don't miss out on this fantastic opportunity to own a piece of Saltburn-By-The-Sea. With no chain attached, this apartment is ready and waiting for its new owner to make it their own. Contact us today to arrange a viewing and take the first step towards calling this delightful apartment your new home.

Tenure: Share of the Freehold. Freehold is split between the 4x apartments in the building. Lease created 2017 for 125 years. Insurance approx. £600pa split between the four freeholders.

Council Tax Band: Band-A.

EPC Rating: D-Rating.

Communal Entrance - Wooden door to the front elevation. Carpeted. Staircase leading up to the other apartments.

Entrance Hall - 6.10m x 0.92m (max) (20'0" x 3'0" (max)) - Laminate flooring. 2x Radiators. UPVC double glazed door opening to the rear courtyard.

Living Room - 4.50m x 4.45m (14'9" x 14'7") - Marble fireplace with decorative mosaic tiles, wooden surround & stove style electric fire. UPVC double glazed sash bay window to the front aspect with decorative wood paneling & sea views. Coving & ceiling cornice. Laminate flooring. 2x Radiators.

Kitchen - 4.01m x 2.87m (max) (13'1" x 9'4" (max)) - L-shaped kitchen comprising of a range of wall, base & drawer units. Laminate worktops incorporating stainless steel sink with single drainer & mixer tap. Integrated electric oven & ceramic hob. Extractor hood. Plumbing for washing machine. Wall-mounted combi-boiler. Tiled splash-backs. Radiator. UPVC double glazed window to the rear aspect. Laminate flooring. LED downlighting.

Bathroom - 2.07m x 1.77m (6'9" x 5'9") - Panel bath with shower above. Pedestal hand basin. Low-level W/C. Part-tiled walls. LED downlighting. Laminate flooring. Radiator.

Bedroom - 4.07m x 3.09m (13'4" x 10'1") - UPVC double glazed window to the rear aspect. Laminate flooring. Radiator.

External -

Rear Elevation - An enclosed courtyard with outdoor seating spaces. Primarily belonging to the ground-floor apartment, with fire escape access to the apartment above.

Disclaimer - Please note that all measurements contained in these particulars are for guidance purposes only and should not be relied upon for ordering carpets, furniture, etc. Anyone requiring more accurate measurements may do so by arrangement with our office.

Our description of any appliances and / or services (including any central heating system, alarm systems, etc.) should not be taken as any guarantee that these are in working order. The buyer is therefore advised to obtain verification from their solicitor, surveyor or other qualified persons to check the appliances / services before entering into any commitment.

The tenure details and information supplied within the marketing descriptions above are supplied to us by the vendors. This information should not be relied upon for legal purposes and should be verified by a competent / qualified person prior to entering into any commitment.

Listed by

Saltburn-By-The-Sea

Inglebys Estate Agents

Reference: 151058708

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 21/04/2022

Expiry date: 20/04/2032

Current heating cost: £204/year

Potential heating cost: £188/year

Est. upgrade cost to C: £5,000

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

2D Floor Plan

2D Floor Plan

3D Floor Plan

3D Floor Plan

EPC Graphs

EE Rating

EE Rating

Price history

118% since 2016

Event Date Price % change
Sold 10/02/2025 (1 year ago) £152,500 +93%
Sold 13/07/2018 (7 years ago) £79,000 +12.9%
Sold 29/07/2016 (9 years ago) £70,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address Price Date Type
DEBRUS COURT FLAT 11 MARINE PARADE, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1EH £160,000 19/12/2025 Flat
43 FLAT 2 RUBY STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1EF £147,000 05/09/2025 Flat
THE COTTAGE, 33 MILTON STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DN £50,000 04/07/2025 Flat
49C RUBY STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1EF £195,000 02/06/2025 Flat
HAZEL TOWERS, 83 FLAT 1 MARINE PARADE, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1BZ £137,500 07/02/2025 Flat
Same street ALBERT COURT 1C PEARL STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DU £146,000 13/12/2023 Flat
50 GROUND FLOOR FLAT GARNET STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1EN £95,000 15/11/2023 Flat
15A FLAT 2 MILTON STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DH £120,000 10/11/2023 Flat
Same street 13A PEARL STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DU £192,500 01/09/2023 Terraced
Same street 9A PEARL STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DU £162,000 26/04/2023 Flat
32 FLAT 3 AMBER STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DT £147,500 04/04/2023 Flat
GROVESIDE, 87 FLAT 4 MARINE PARADE, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1BZ £148,000 30/03/2023 Flat
FLAT 1, 9 DIAMOND STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1EB £210,000 27/01/2023 Flat
31 - 33 FLAT 5 MARINE PARADE, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DP £185,000 16/12/2022 Flat
THE ZETLAND FLAT 8 MARINE PARADE, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1BU £325,000 14/12/2022 Flat
22 STATION STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1AE £180,000 02/12/2022 Flat
EDWARD HOUSE, 17 FLAT 7 MARINE PARADE, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1EX £220,000 25/11/2022 Flat
EDWARD HOUSE, 17 FLAT 4 MARINE PARADE, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1EX £260,000 16/11/2022 Flat
21 FLAT 3 AMBER STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DT £100,000 11/11/2022 Flat
42B GARNET STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1EN £130,000 24/10/2022 Flat
Same street ALBERT COURT 4 PEARL STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DU £250,000 21/10/2022 Flat
17 ZETLAND COURT, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1GA £145,000 06/10/2022 Flat
PARK VIEW, 89 FLAT 6 MARINE PARADE, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1BZ £124,950 30/09/2022 Flat
2 FLAT C DUNDAS STREET EAST, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1AH £130,000 28/09/2022 Flat
Same street 9 PEARL STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DU £140,000 29/06/2022 Terraced
Same street 17 PEARL STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DU £315,000 20/05/2022 Terraced
Same street 24 PEARL STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DU £310,000 16/09/2021 Terraced
Same street 5 PEARL STREET, SALTBURN-BY-THE-SEA, REDCAR AND CLEVELAND, TS12 1DU £240,000 23/07/2021 Terraced

Street average: £219,438 (8 sales)

Area average: £160,498 (20 sales)

Capital growth trend

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

5y growth 22%
10y growth 64%

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: £409/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Shop Thurston Printers 0.1 miles
Shop Maidens Brothers 0.1 miles
Train station Town Station 0.1 miles
Train station Pier 0.1 miles
Bus stop Dundas Street 0.1 miles
Hospital Guisborough Priory Hospital MIU 4.5 miles
University Teesside University 10.5 miles

Street-level crime

Category Count
Anti-social behaviour 13
Violence and sexual offences 9
Public order 4
Criminal damage and arson 3
Shoplifting 3
Burglary 1
Robbery 1
Vehicle crime 1
Total incidents 35

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
Saltburn Primary School Primary 0.4 miles Good — 11 Dec 2013
Huntcliff School Secondary 0.6 miles Good — 17 Sep 2023
St Peter's Church of England Primary School Primary 1.4 miles Good — 20 Nov 2022
Kilton Thorpe Specialist Academy Other 1.4 miles Outstanding — 4 Jul 2022
Freebrough Academy Secondary 1.6 miles Outstanding — 15 Feb 2023

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.39%
Max investor price (0.8%) £80,500
Target investor price (1%) £64,400
  • 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).