2 bedroom apartment for sale

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2 bedroom apartment for sale

3 Laburnum House, Coatham Road, Redcar, Cleveland, TS10 1TA
£50,000

Our Summary

  • Guide Price £50,000 For sale by unconditional online auction on the 25th of June 2025
  • High-Yield Investment Opportunity 2-Bed Ground Floor Flat for Sale by Online Auction

Description

This is a high-yield investment opportunity for a 2-bedroom ground floor flat located in TS10 1TA. The property is fully let and generates a gross yield of 15.32%, with a rental income of £7,200 per annum. The flat is situated in a prime location with high rental demand, close to transport links, shops, and amenities. The sale is being conducted by online auction, with registration open now and bidding opening on June 25th at 14:00. The property is a turnkey investment, with immediate rental income and strong potential for long-term value appreciation. The sale is expected to complete within 28 days, making it a hassle-free purchase with no chain. With a competitive rental rate and strong market positioning, this is an attractive opportunity for investors looking to generate a high return on their investment.