Summary - 704 704 Thames Road, Redcar, North Yorkshire, TS10 TS10 1PP
2 bed 1 bath Commercial Property
**Standout Features:**
- Price: £135,000
- Edwardian commercial property with traditional brick architecture
- Ground floor commercial shop premises with 2-bedroom flat above
- Generating an impressive rental income of £1,100 per month
- Excellent parking facilities and fast broadband
- Located in a popular residential area with access to well-rated schools
**Potential Concerns:**
- Property requires renovation and updates, presenting a fixer-upper opportunity
- Small plot size and potential wear on the exterior
This Edwardian commercial property is a fantastic investment opportunity in a vibrant area, combining a ground floor commercial shop with a spacious two-bedroom flat above. With a lucrative rental income currently achieving £1,100 per month, this dual-purpose property is perfect for investors or those seeking to enter the rental market. The prime location offers excellent free parking and is surrounded by well-rated schools, such as the Outstanding-rated Newcomen Primary School, making it appealing for families and professionals alike.
While the property showcases charming historical features, it does require renovation, offering a blank canvas for buyers to unlock its full potential. With its small but manageable footprint, this space is primed for those looking to put their personal touch on a future investment. Take advantage of this opportunity to own a piece of urban history and capitalize on a growing community—properties like this don’t last long!
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