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Station Road, Redcar, TS10 1AH 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, situated on Station Road in Redcar, boasts a rich history and Victorian charm. The property consists of two commercial units, one currently occupied by Retro 55 cafe/retail shop, and the other recently refurbished with a new tenant paying £595PCM. The two flats above are also occupied with good, long-term tenants, generating a combined income of £1,925PCM. The property offers a high standard of finish throughout, with a functional communal area featuring a W/C and delightful roof garden, making it an ideal investment opportunity for someone looking to generate a healthy rental return. The current owner has spared no expense in upgrading the property, and the only reason for sale is due to retirement. With its prime location, close to the town centre and promenade, this property is truly versatile and offers a range of possibilities for its new owner.