Guide price

£95,000

2 bed block of flats for sale
Coatham Road, Redcar TS10

    • 2 beds

    • 2 baths

    • 2 receptions

  • EPC Rating: E

  • Leasehold

Inglebys Estate Agents

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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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Property descriptions and related information displayed on this page are marketing materials provided by - Inglebys Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Inglebys Estate Agents for full details and further information.