Summary - 3a, Coatham Road TS10 1RH
2 bed 2 bath Apartment
**Standout Features:**
- Two one-bedroom flats on Coatham Road
- Gross rental income: £10,000 per annum
- Currently occupied by sitting tenants
- Ideal location near town center amenities & transport links
- First and second-floor units with separate entrances
- Modern features include uPVC double glazing and laminate kitchens
**Summary:**
Discover a unique investment opportunity in Redcar with these two well-positioned one-bedroom flats on Coatham Road. Each flat is designed for efficient town-center living, providing cozy lounge/diners, functional kitchens, and well-proportioned bedrooms. Both flats together yield a substantial gross rental income of approximately £10,000 per annum, making them a promising addition to any investor's portfolio.
While the property boasts modern double glazing and convenient access to a host of nearby amenities—from shops and cafes to health services—it's essential to consider the local area's reputation for high crime and challenges regarding socio-economic status. Despite this, the central location ensures excellent transport links, adding to its overall appeal. Don't miss the chance to secure a solid rental property in a dynamic neighborhood with growth potential; act fast, as opportunities like this are not available for long.
The apartments are offered on a freehold basis, ensuring long-term security for your investment. With low council tax affordable for future tenants, each flat is functional and well-maintained, ready for you to capitalize on rental demand.
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