Guide price
£95,000
2 bed block of flats for saleCoatham Road, Redcar TS10
2 beds
2 baths
2 receptions
EPC Rating: E
About this property
Ideal investment opportunity.
Two, one bedroom apartments, close to Redcar centre.
Gross rental income approaching £10,000 per annum
Offered for sale with long term tenants in situ.
105 year lease remaining on each apartment.
Viewing by appointment only, please call to arrange.
Attention investors - 2 apartments for sale.
Located at Coatham Road in Redcar, this pair of one-bedroom flats available for sale, making it an ideal choice for those looking to expand their property portfolio. Currently sold with sitting tenants, the apartment generates a steady rental income of £10,000 per annum, providing a reliable return on investment.
The location is particularly appealing, with easy access to local amenities, transport links, and the beautiful coastline that Redcar is known for. Whether you are a seasoned investor or a first-time buyer looking to enter the rental market, this property offers both charm and financial potential.
Do not miss the chance to acquire this well-located apartment in a thriving area. It is a perfect opportunity to secure a property that not only meets your needs but also promises a fruitful investment for the future.
Tenure: Leasehold
Council Tax Band: Apartment A - Redcar & Cleveland Band A, Apartment B - Redcar & Cleveland Band A
EPC Rating: Apartment A - E, Apartment B - D
Communal Entrance
Double glazed windows to the rear aspect.
Meter cupboards.
Under-stair storage area.
Apartment A is located on the first floor and apartment B on the second.
Apartment A
Living Room (5.31 x 3.91 (17'5" x 12'9"))
Double glazed bay window to the front aspect.
Electric fire with a marble effect back and hearth and a wooden surround.
Kitchen (3.66 x 1.56 (12'0" x 5'1"))
Double glazed window to the rear aspect.
A range of fitted wall and base units with wood effect roll top work surfaces.
Electric cooker point.
Stainless steel sink with mixer tap.
Plumbing for a washing machine.
Tiled splashback.
Tile effect vinyl flooring.
Bathroom (3.98 x 1.55 (13'0" x 5'1"))
Double glazed, frosted window to the rear aspect.
A white three piece bathroom suite comprising of a low level WC, pedestal wash and a panelled bath with shower over.
Wood panelled walls.
Tile effect vinyl flooring.
Bedroom (2.18 x 3.12 (7'1" x 10'2"))
Double glazed window to the front aspect.
Apartment B
Living Room (5.1 x 3.0 (16'8" x 9'10"))
Double glazed window to the front aspect.
Electric fire with a marble effect back and hearth and a wooden surround.
Kitchen (4.0 x 1.85 (13'1" x 6'0"))
Double glazed window to the rear aspect.
A range of fitted wall and base units with wood effect roll top work surfaces.
Electric cooker point.
Stainless steel sink with mixer tap.
Plumbing for a washing machine.
Tiled splashback.
Wood effect vinyl flooring.
Bathroom (3.98 x 1.55 (13'0" x 5'1"))
Double glazed, frosted window to the rear aspect.
A white three piece bathroom suite comprising of a low level WC, pedestal wash and a panelled bath with shower over.
Wood panelled walls.
Wood effect vinyl flooring.
Bedroom (4.07 x 2.38 (13'4" x 7'9"))
Double glazed window to the front aspect.
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More information
Tenure
Leasehold (105 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review
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