Summary - FLAT 8, COATHAM COURT, COATHAM ROAD, REDCAR TS10 1TE
1 bed 1 bath Flat
Immediate rental income close to seafront and town amenities.
Tenant in situ paying £410 pcm providing immediate rental income
Long lease – 9,999 years (leasehold) with clear ownership terms
Service charge approx £1,120 pa; ground rent £250 pa
Approx 625 sq ft; generous room proportions for a one-bedroom flat
Electric room heaters, no communal gas; potential higher energy costs
Solid brick walls likely uninsulated — retrofit/insulation potential
Very high local crime rates and high area deprivation — location risk
Communal parking and short drive to Redcar seafront and local amenities
This one-bedroom flat on Coatham Road is presented primarily as an investor opportunity, with a tenant in situ paying £410 pcm. The long lease (9,999 years) and clear rental income make it a straightforward buy-to-let starter; the property sits close to Redcar town centre and the seafront, offering reliable rental demand and local amenities.
The apartment occupies a traditional solid-brick building with characterful Victorian features externally and generous room proportions internally. Accommodation includes an entrance hall, a fitted kitchen, a reception room with a small office nook, a double bedroom and a three-piece bathroom. UPVC double glazing is installed; total floor area is approximately 625 sq ft.
Buyers should note the material running costs and local context: service charge circa £1,120 pa, ground rent £250 pa, and block insurance listed at £362. Heating is by electric room heaters and the building appears to have solid brick walls with no known cavity insulation, which may affect energy bills. The area records very high crime levels and marked deprivation indices — important factors for owner-occupiers and some tenants.
In short: a leasehold, income-producing flat with period character and immediate rental return, suited to investors or buyers prepared to manage running costs and local market conditions. Viewing recommended to assess the internal condition and rental potential in person.
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