Summary - 38B DIAMOND STREET SALTBURN-BY-THE-SEA TS12 1EB
3 bed 1 bath Flat
Income-producing coastal flat close to promenade and transport links.
Three-bedroom first-floor flat with bay window and sea views
A three-bedroom first-floor flat on Diamond Street with a prominent bay window and far-reaching sea views toward the promenade. The apartment is offered with a sitting tenant paying approximately £700pcm, making it immediately income-producing for investors or a buy-to-let portfolio addition. The property has gas central heating with a recently fitted combi boiler, uPVC double glazing and an EPC rating of C.
Tenure is a share of freehold with about 95 years remaining on the lease. The building is a mid-terrace, solid brick construction (pre-1900) with communal areas described as well maintained. Accommodation includes a large bay-fronted lounge, separate kitchen with external rear door, three bedrooms and a three-piece bathroom. Street parking is available but there is no private garden; rear access is via an external staircase.
The location is a key strength: close to the promenade, beach, town centre amenities, rail and bus links, and local schools — factors that support rental demand. Council tax is low (Band A), which helps running costs for an owner-occupier or landlord.
Important practical points: the property sits in a very deprived area with higher-than-average crime, and the building likely has solid brick walls without insulation. Double glazing appears to be older (installed before 2002). These facts suggest potential energy-efficiency upgrades and security considerations for future owners. Viewings will need to take the tenancy-in-situ into account.
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