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End of terrace house for sale
Station Road, Redcar, TS10
£229,950
Station Road, Redcar, TS10
£229,950
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 £1,925PCM with Potential to Increase
- Investment Opportunity
Description
This sizeable mixed commercial/residential property is situated on Station Road in Redcar, boasting a prominent location on a busy main street. The property, built in the 1900s, offers a unique blend of Victorian charm and modern amenities. The property is fully occupied, with two commercial units and two flats, generating a total rental income of £1,925 per calendar month. The commercial units, currently trading as a cafe and a cafe/retail shop, have long-term leases in place, while the two flats are occupied by good, long-term tenants. The property also features a communal area with a W/C and a delightful roof garden, making it an ideal investment opportunity for someone looking for a buy-to-let investment with an immediate return available. With plenty of room to increase the return, this property offers a versatile and profitable investment opportunity.