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2 bedroom apartment for sale
15 Laburnum House, Coatham Road, Redcar, Cleveland, TS10 1TA
£30,000
15 Laburnum House, Coatham Road, Redcar, Cleveland, TS10 1TA
£30,000
Price History
Initial price | £35,000 |
15/05/25 | £30,000 |
Price Change | -14.29% |
Description
This property is a ready-made investment opportunity, a fully tenanted 2-bedroom upper floor flat located in TS10 1TA. The flat is available for sale by unconditional online auction on May 29th, 2025, and is expected to generate a profitable income with a strong rental yield of 15.32%. The property is currently let for £600 per calendar month, producing £7,200 per annum. The flat is situated in a high-demand location, close to transport links, shops, and amenities, making it an attractive option for renters. The sale includes a hassle-free purchase with no chain, and the vendor is willing to complete the sale within 28 days. This is a turnkey opportunity for investors seeking immediate rental earnings and long-term growth prospects.