Arthur Terrace, Redcar TS11 3 bed end of terrace house for sale

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Arthur Terrace, Redcar TS11 3 bed end of terrace house for sale

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.