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2 bedroom apartment for sale

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2 bedroom apartment for sale

1 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
  • Prime Investment: High-Yield 2-Bed Ground Floor Flat for Sale by Online Auction Current Gross Yield: 15
  • Description Investment Opportunity High-Yield Ground Floor Flat for Sale Property Overview Location: Flat 1, Laburnum House, TS10 1TA Property Type: Ground Floor Flat Bedrooms: 2 Bathrooms: 1 Tenure: Leasehold Tenancy Status: Fully Let Investment Strategy: Buy-to-Let Key Features High-Yield Investment Strong ROI from Day One Fully Tenanted Competitive Room Rates / Market Rent Prime Location with Strong Rental Demand Close to Key Transport Links, Shops & Amenities Full Legal Pack Available for Quick Purchase Completion in as little as 28 Days Current Investment Figures Current Rental Income: £600 PCM / £7,200 PA Current Gross Yield: 15
  • Turnkey investment with immediate rental income Growing rental market in a high-demand location Strong potential for long-term appreciation Hassle-free purchase with full legal pack available Secured sale with no chain & quick 28-day completion Interested

Description

This is a prime investment opportunity for a high-yield 2-bedroom ground floor flat located in a desirable area with strong rental demand. The property is fully tenanted, generating a current rental income of £600 per month, equivalent to £7,200 per year, resulting in a gross yield of 15.32%. The property is being sold through an unconditional online auction on May 29th, with registration now open and bidding starting at 10:00 am. The property is a turnkey investment, with a full legal pack available for a quick and hassle-free purchase, and completion can be achieved in as little as 28 days. With a growing rental market and potential for long-term appreciation, this is an attractive opportunity for investors looking for a secure and lucrative investment.