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Station Road, Redcar, TS10 1 bed end of terrace house for sale
Station Road, Redcar, TS10
£249,995
Station Road, Redcar, TS10
£249,995
Our Summary
- We consider this premises an ideal Investment opportunity for someone who is looking for a buy to let investment with an immediate return available
- Income Currently £1,925 PCM with Potential to Increase
- Investment Opportunity
Description
This impressive mixed-use property on Station Road in Redcar is a rare opportunity for an investor or entrepreneur. The property boasts a prominent location on a busy main street, with a rich history dating back to the 1900s. The property features two commercial units, one currently trading as a cafe/retail shop and the other recently refurbished and secured with a new tenant at £595 per month. The two flats above are currently occupied with good, long-term tenants, and the property has a potential annual income of £1,925 per month. With plenty of room for rent increases, this property offers a highly versatile and profitable investment opportunity. The property has been well-maintained and upgraded over the years, with a high standard of finish throughout. Additional features include a communal area with a WC and delightful roof garden, which is a rare find in town center properties. The property is available to view by appointment only.