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

This modern two-bedroom flat is located on the top floor of the former Redcar Youth Centre, now converted into a residential property. The flat features electric heating, double-glazed windows, and an open-plan living area with a fitted kitchen and internal shower room. The property also comes with designated parking and a telephone entry system. The location is convenient, with easy access to the leisure centre, bus and train services, town centre, beach, and promenade. The property is being sold with a professional tenant in place, paying £435 per month, and offers a nearly 9% yield, making it a great investment opportunity. The annual charges are £2,500 for service charges and £285 for ground rent. The vendor is looking for a straightforward and transparent process, requiring identification, evidence of cleared funds or a mortgage decision in principle, and legal services.