Coatham House, Coatham Road, Redcar... 2 bed apartment for sale

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Coatham House, Coatham Road, Redcar... 2 bed apartment for sale

Coatham House, Coatham Road, Redcar, TS10 1TE
£55,000

Price History

Initial price £59,000
24/06/25 £55,000
Price Change -6.78%

Description

This modern two-bedroom flat is located on the top floor of the former Redcar Youth Centre on Coatham Road. The property features electric heating, double-glazed windows, and an open-plan living diner with a fitted kitchen that includes a built-in oven and hob. The internal shower room/WC and designated parking add to the flat's convenience. The location is ideal, with easy access to the leisure centre, bus and train services, the town centre, beach, promenade, and coastal walks. The property is also a great investment opportunity, offering a nearly 9% yield, with a professional tenant already in place paying £435 per month. The annual charges are £2,500 for service charges and £285 for ground rent.