Broadway West, Redcar 1 bed flat for sale

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Broadway West, Redcar 1 bed flat for sale

Broadway West, Redcar
£40,000

Our Summary

  • Amazing investment opportunity

Description

This fantastic one-bedroom ground floor apartment is a buy-to-let investment opportunity that offers a whopping 13% yield/return on investment. The property is sold with a sitting tenant paying £500 per calendar month and features an open-plan reception/kitchen area, one bedroom, family bathroom, and allocated parking. The apartment is ample in size, providing all the space needed for comfortable living, and benefits from a secure hallway, double-glazed UPVC windows, and electric radiators. The property is close to amenities and bus links to the nearest town center, and the leasehold information includes a ground rent of £131.36 annually and a service charge of £136.40 per month, which includes all water costs. With a reduced price to sell, this is an excellent opportunity for investors to make a great return on their investment.
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