Summary - 21a, Zetland Road, Loftus, SALTBURN-BY-THE-SEA TS13 4PW
3 bed 1 bath Mixed Use
Low-price auction lot with clear renovation upside for investors.
Freehold mixed-use with ground-floor commercial space
A vacant mixed-use freehold in Loftus offering clear upside for buyers prepared to renovate. The ground floor is a Victorian commercial unit with large display windows; the maisonette above provides three bedrooms, a living room, kitchen and one bathroom. Broadband and mobile signal are strong, and the location sits close to local shops, services and several well-rated primary schools.
The property is being sold at auction and is priced for a quick sale, giving investors the chance to achieve a strong gross yield if rental income reaches the indicated £1,500–£1,600 pcm. Floor area is modest and the plot is small, so returns will depend on competitive purchase price and refurbishment costs.
Important negatives: the commercial frontage is derelict and requires renovation, the maisonette will need updating in places, and the area records very high crime and significant deprivation which will affect tenant demand and resale. This is best suited to experienced investors or developers comfortable with auction purchase conditions and remedial works.
If you seek a low-entry, high-potential acquisition in a coastal North Yorkshire town, this lot offers scope for income or repositioning — but plan for repair costs, sensible tenant screening, and realistic yields given local market conditions.
Mixed use property for sale in 21 & 21A Zetland Road, Loftus, TS13 4PW, TS13 — £120,000 • 1 bed • 1 bath
3 bedroom end of terrace house for sale in Tweed Street, Saltburn-by-the-Sea, TS13 4LS, TS13 — £55,000 • 3 bed • 1 bath • 1482 ft²
3 bedroom character property for sale in 1 St. Leonards Church Hall North Road, Loftus, Saltburn-by-the-Sea, TS13 — £110,000 • 3 bed • 3 bath • 1012 ft²
3 bedroom character property for sale in 2 St. Leonards Church Hall North Road, Loftus, Saltburn-by-the-Sea, TS13 — £110,000 • 3 bed • 3 bath • 1128 ft²
Commercial property for sale in Graham Street, Liverton, Saltburn-By-The-Sea, TS13 — £70,000 • 1 bed • 1 bath • 1935 ft²
2 bedroom terraced house for sale in 168 High Street, Redcar, North Yorkshire, TS10 3AW., TS10 — £70,000 • 2 bed • 1 bath
