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2 bedroom apartment for sale
1 Laburnum House, Coatham Road, Redcar, Cleveland, TS10 1TA
£30,000
1 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 is a prime investment opportunity for a high-yield 2-bedroom ground floor flat located in a sought-after area, offering a current gross yield of 15.32%. The property is fully let, generating £600 per calendar month, with competitive room rates and a strong rental demand. The flat is situated close to key transport links, shops, and amenities, making it an attractive option for tenants. The investment comes with a full legal pack available, allowing for a quick and hassle-free purchase with a 28-day completion. The current rental income and strong yield make this a lucrative opportunity for investors, with potential for long-term appreciation in value. With no chain and quick completion, this is an excellent chance to secure a stable and profitable investment.