Summary - High Street, Redcar, TS10 TS10 3DU
4 bed 1 bath Maisonette
**Standout Features:**
- Prime High Street location in Redcar with high footfall
- Large ground floor commercial unit with restaurant potential
- Freehold mixed-use property with a four-bedroom maisonette
- Estimated rental income of approximately £950 for commercial and £750 for residential
- Bus and seafront access nearby, ideal for foot traffic and convenience
**Potential Concerns:**
- Very high crime rate in the local area
- Property shows some signs of wear typical of older constructions built between 1900-1929
Discover a unique investment opportunity with this large four-bedroom maisonette paired with a spacious commercial unit located on the bustling High Street in Redcar. The ground floor commercial space, formerly known as Viet Bistro, offers vast potential for various business ventures with an estimated rental income of around £950 per month. The maisonette, boasting a comfortable layout, is well-suited for families or potential tenants and could yield another £750 monthly, making this property a strategic addition to any investment portfolio.
The maisonette features a large kitchen and lounge, ample storage, and four versatile bedrooms spread over two floors, ensuring plenty of space for comfortable living. Yet, it's essential to keep in mind that the area has a high crime rate, and some renovation may be required to bring the property to its absolute best.
With its prime location, this property melds commercial possibility with residential comfort, encouraging buyers and investors to envision a lively future here. Given the potential for strong rental income, properties like this do not linger long on the market. Don't miss the chance to capitalize on this multifaceted gem!
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