2 bedroom apartment for sale

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2 bedroom apartment for sale

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

Price History

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

Description

This two-bedroom top-floor flat is located in the modern conversion of the former Redcar Youth Centre on Coatham Road, offering easy access to the leisure centre, bus and train services, town centre, beach, and coastal walks. The property features electric heating, double-glazed windows, an open-plan living diner with a fitted kitchen, and a designated parking space. The flat is a great investment opportunity, with a professional tenant paying £435 per month, providing a nearly 9% yield. The annual charges are £2,500 for service charges and £285 for ground rent. The property is available to purchase with a straightforward and transparent process, requiring identification, evidence of cleared funds or deposit, and a decision in principle from a lender.