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6 bed end of terrace house
Glenholme House, 34 Newcomen Terrace
£550,000
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Our Summary
- Proven income-producing investment opportunity
- Potential for continued growth and operational enhancement
- An exceptional investment opportunity to acquire Glenholme House, a successful block of six self-contained apartments prominently positioned on Redcar's sought-after seafront
- The apartments provide flexible accommodation suitable for a range of occupier types, creating multiple income streams and offering continued potential for growth
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Description
Glenholme House is a freehold property on the sought-after seafront of Redcar, featuring six self-contained apartments with a mix of one and two bedrooms. The apartments are well-appointed and currently operate as established self-catering accommodation, generating income from contractors, corporate guests, and short-term visitors. The property is situated on Newcomen Terrace, just a short walk from Redcar town centre, with convenient access to shops, restaurants, transport links, and local amenities.