TS6 7ED - 4 bedroom block of apartments for sale in Flats 14, 89 Bolc…

View on Property Piper

4 bedroom block of apartments for sale in Flats 1-4, 89 Bolckow Road, Grangetown, Redcar and Cleveland, TS6 7ED, TS6

Summary - Flat 4, 89 Bolckow Road, Grangetown TS6 7ED

4 bed 1 bath Block of Apartments

**Standout Features:**
- **Property Type:** Mid-terrace building with four flats (3 x one-bedroom and 1 x studio)
- **Annual Income:** Currently fully let, generating £25,200 per year
- **Auction Sale:** Scheduled for July 3, 2025, with a guide price of £100,000+
- **Freehold Tenure:** Held on a long 999-year lease
- **EPC Rating:** C, indicating good energy efficiency
- **Location:** Close to local shops, amenities, and Mannion Nature Park; easy access to transport links via South Bank rail station
- **Condition:** Requires updates, presenting a blank canvas for investors

**Concerns:**
- **Crime Rate:** High levels reported in the area
- **Overall Area Classification:** Highly deprived, which may impact future value and rental demand
- **Maintenance:** The property appears dated and may require further renovation to enhance appeal

Discover a unique investment opportunity in this mid-terrace building arranged to provide four fully-occupied flats, generating a solid annual income. This compact property boasts a prime location within walking distance to local amenities and beautiful green spaces like Mannion Nature Park.

Perfect for buyers seeking a rental investment or a renovator looking to capitalize on a fixer-upper in an affordable price bracket. Although the area has inherent challenges, including a high crime rate and overall deprivation, the solid investment potential and excellent broadband connectivity ease some concerns.

Potential buyers are encouraged to act quickly, as properties like this, with both renovation potential and income generation, are rare in today’s market. Don’t miss out on the chance to revitalize this property and secure income for years to come!

Property Details

Image Descriptions

Textual Property Features

Detected Visual Features

EPC Details

Nearby Schools

Nearest Bars And Restaurants

,,,,}

Nearest General Shops

,,}

Nearest Grocery shops

,,}

Nearest Supermarkets

,,}

Nearest Religious buildings

,,}

Nearest Medical buildings

,,,}

Nearest Leisure Facilities

,,,,}

Nearest Tourist attractions

,,}

Nearest Train stations

,,,,}

Nearest Bus stations and stops

,,,,}

Nearest Hotels

,,}

Tags

Local Market Stats

Similar Properties

Meta

High Res Images

Compatible Images

Low res Images

Thumbnails

Raw Images