End of terrace house for sale

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End of terrace house for sale

Station Road, Redcar, TS10
£249,995

Price History

Initial price £265,000
19/02/25 £249,995
Price Change -5.66%

Description

This impressive mixed-use property on Station Road, Redcar, boasts a unique blend of Victorian charm and modern amenities. The property is situated in a busy main street, just a stone's throw away from the Town Centre and Promenade, making it an ideal investment opportunity. The property currently generates a sizeable income from its two commercial units and two residential flats, with potential for further growth through rent reviews or alternative uses. The commercial units, including a cafe/retail shop and a refurbished showroom, have secure leases in place, while the two flats are occupied by long-term tenants. The property also features a functional communal area, including a W/C and a delightful roof garden, which could be used to generate additional income through serviced or Airbnb-style accommodation. With its high standard of finish throughout, this property offers a rare opportunity to purchase a versatile investment with immense potential for growth.