2 bedroom apartment for sale

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2 bedroom apartment for sale

3 Laburnum House, Coatham Road, Redcar, Cleveland, TS10 1TA
£30,000

Our Summary

  • Guide Price £30,000 - £50,000 For sale by unconditional online auction on the 29th of May 2025
  • High-Yield Investment Opportunity 2-Bed Ground Floor Flat for Sale by Online Auction

Description

This 2-bedroom ground floor flat in Laburnum House, TS10 1TA, is being sold by unconditional online auction on May 29th, 2025. The property is fully let, generating a gross yield of 15.32% with a rental income of £7,200 per annum. The flat is located in a prime area with high rental demand, close to transport links, shops, and amenities. The current tenant is in place, ensuring immediate ROI from day one. The property is being sold as a turnkey investment opportunity, with a hassle-free purchase process and fast completion possible within 28 days. With a competitive rental rate and strong market positioning, this is an attractive investment opportunity for those looking to generate passive income.