3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Lincoln Road, Redcar TS10
£125,000

Price History

Initial price £130,000
30/09/24 £128,000
11/10/24 £124,000
18/10/24 £122,000
26/10/24 £120,000
01/11/24 £118,000
07/11/24 £116,000
14/11/24 £114,000
20/11/24 £125,000
Price Change -3.85%

Description

This 3-bedroom mid-terrace property in Redcar is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and three bedrooms. Currently, it generates an annual gross income of £9,000 with long-term tenants who have been paying rent consistently for several years and have no plans to move out. The property's purchase price and rental income make it a worthwhile addition to an investor's portfolio, and the current tenants are committed to remaining in the property.