Guide price

£95,000

2 bed block of flats for sale
Coatham Road, Redcar TS10

    • 2 beds

    • 2 baths

    • 2 receptions

  • EPC Rating: E

Leasehold
Reduced on 21/04/2026

About this property

  • Ideal investment opportunity.

  • Two, one bedroom apartments, close to Redcar centre.

  • Gross rental income approaching £10,000 per annum

  • Offered for sale with long term tenants in situ.

  • 105 year lease remaining on each apartment.

  • Viewing by appointment only, please call to arrange.

Attention investors - 2 apartments for sale.

Located at Coatham Road in Redcar, this pair of one-bedroom flats available for sale, making it an ideal choice for those looking to expand their property portfolio. Currently sold with sitting tenants, the apartment generates a steady rental income of £10,000 per annum, providing a reliable return on investment.

The location is particularly appealing, with easy access to local amenities, transport links, and the beautiful coastline that Redcar is known for. Whether you are a seasoned investor or a first-time buyer looking to enter the rental market, this property offers both charm and financial potential.

Do not miss the chance to acquire this well-located apartment in a thriving area. It is a perfect opportunity to secure a property that not only meets your needs but also promises a fruitful investment for the future.

Tenure: Leasehold
Council Tax Band: Apartment A - Redcar & Cleveland Band A, Apartment B - Redcar & Cleveland Band A
EPC Rating: Apartment A - E, Apartment B - D

Communal Entrance

Double glazed windows to the rear aspect.
Meter cupboards.
Under-stair storage area.
Apartment A is located on the first floor and apartment B on the second.

Apartment A

Living Room (5.31 x 3.91 (17'5" x 12'9"))

Double glazed bay window to the front aspect.
Electric fire with a marble effect back and hearth and a wooden surround.

Kitchen (3.66 x 1.56 (12'0" x 5'1"))

Double glazed window to the rear aspect.
A range of fitted wall and base units with wood effect roll top work surfaces.
Electric cooker point.
Stainless steel sink with mixer tap.
Plumbing for a washing machine.
Tiled splashback.
Tile effect vinyl flooring.

Bathroom (3.98 x 1.55 (13'0" x 5'1"))

Double glazed, frosted window to the rear aspect.
A white three piece bathroom suite comprising of a low level WC, pedestal wash and a panelled bath with shower over.
Wood panelled walls.
Tile effect vinyl flooring.

Bedroom (2.18 x 3.12 (7'1" x 10'2"))

Double glazed window to the front aspect.

Apartment B

Living Room (5.1 x 3.0 (16'8" x 9'10"))

Double glazed window to the front aspect.
Electric fire with a marble effect back and hearth and a wooden surround.

Kitchen (4.0 x 1.85 (13'1" x 6'0"))

Double glazed window to the rear aspect.
A range of fitted wall and base units with wood effect roll top work surfaces.
Electric cooker point.
Stainless steel sink with mixer tap.
Plumbing for a washing machine.
Tiled splashback.
Wood effect vinyl flooring.

Bathroom (3.98 x 1.55 (13'0" x 5'1"))

Double glazed, frosted window to the rear aspect.
A white three piece bathroom suite comprising of a low level WC, pedestal wash and a panelled bath with shower over.
Wood panelled walls.
Wood effect vinyl flooring.

Bedroom (4.07 x 2.38 (13'4" x 7'9"))

Double glazed window to the front aspect.

Mortgage calculator

Monthly repayment

£475 per month

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