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Park Avenue, Redcar TS10 3 bed terraced house for sale
Park Avenue, Redcar TS10
£145,000
Park Avenue, Redcar TS10
£145,000
Price History
Initial price | £160,000 |
06/03/25 | £155,000 |
04/06/25 | £150,000 |
06/07/25 | £145,000 |
Price Change | -9.38% |
Description
This high-yield turnkey investment property offers a standout opportunity for savvy investors, delivering an approximate 12% gross return. The fully tenanted, mixed-use property has undergone recent upgrades, including a new central heating system, solar panels, and improved residential unit. The property features a spacious 3-bed apartment, generating £650 per month, and a ground-floor commercial unit, producing £475 per month. The property's forecourt provides off-street parking for up to six vehicles, a rare and highly attractive feature that adds significant value and long-term appeal. With quality tenants in situ, this is a hands-off investment that produces a stable income stream and offers potential for future growth.