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Arthur Terrace, Redcar TS11 3 bed end of terrace house for sale
Arthur Terrace, Redcar, TS11
£67,000
Arthur Terrace, Redcar, TS11
£67,000
Price History
Initial price | £71,000 |
21/12/24 | £69,000 |
24/12/24 | £67,000 |
03/01/25 | £65,000 |
11/01/25 | £63,000 |
17/01/25 | £61,000 |
01/02/25 | £67,000 |
Price Change | -5.63% |
Description
This 3-bedroom end of terrace property in Redcar is an attractive investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £6,000, which could be increased to a market rate of £6,912 with long-term tenants already in place. The well-kept home features 3 bedrooms, a lounge, kitchen, and bathroom, and is situated close to valuable amenities. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a fantastic opportunity for those looking to generate rewarding rental returns.