Property Summary
- Type: 2nd‑floor leasehold apartment
- Bedrooms: 2 (both doubles, one with en‑suite)
- Bathrooms: 2 (main bathroom + en‑suite)
- Condition: Excellent throughout
- Heating: New gas boiler installed in 2024
- Parking: One allocated space plus visitor bays (vans/commercial vehicles prohibited)
- Gardens: Attractive, communal gardens managed by the development’s management company
- Lease: 975 years remaining
- Ground Rent: £93.76 per annum
- Service Charge: £1,754.72 per annum
- EPC: C
Investment Snapshot
- Tenant: Single occupant, fully compliant, no arrears
- Current Rent: £850 PCM on a renewed 12-month tenancy
- Occupancy Rate: 100%
- Yield: 7.8%
Local Market & Growth Performance
Capital Growth (Sale Value Trends)
- Within TS14 6 sector (your postcode area), property prices rose by an estimated 8.5% across the past 12 months.
- Over the last five years: nominal growth of 32.3% (5.8% p.a.).
- At the broader TS14 district level: 7.66% five-year average increase.
Location Strengths & Town Appeal
- Guisborough is a charming North Yorkshire market town with around 17,000 residents, just on the edge of the North York Moors National Park
- Local amenity-rich town centre includes independent shops, cafés, and a historic twice-weekly market
- Transport links: close to A171 and A173, facilitating access to Middlesbrough, Whitby, Redcar, and coastal attractions
- Strong appeal to both commuters to Teesside and outdoor enthusiasts—ideal for tenants or lifestyle buyers
Why Investors Should Act Now
- High income from day one: New tenancy in place delivering stable revenue
- Above-market return: Your yield sits near top quartile for TS14 flats
- Established rental demand: Consistently high occupancy and legal, compliant management
- Upward capital trajectory: Especially strong growth in TS14 6 leads the district
- Minimal future costs: Recent boiler installation maintains energy compliance and reduces maintenance risk
Full Investor Summary
| Feature |
Details |
| Purchase Price |
£130,000 |
| Annual Rent |
£10,200 (£850 PCM) |
| Gross Yield |
7.8% |
| Lease |
975 years remaining |
| Annual Charges |
Ground rent £93.76; Service charge £1,754.72 |
| Recent Renovations |
New boiler installed in 2024 (gas central heating) |
| Tenant Status |
Secure, compliant tenancy, no arrears |
| Local Market Performance |
8.5% 12-month growth (TS14 6); rising yields across Guisborough |
Summary
10 Westerdale Court, TS14 6FB represents a rare combination: a long-lease, professionally managed flat in excellent condition, generating above-average rental returns in an area experiencing strong capital growth. With the benefits of strong local infrastructure and tenant demand, this is undeniably a standout buy-to-let opportunity.
Asking Price: £130,000 – offering both reliable income and strong long-term appreciation potential.
