£55,000
(£121/sq. ft)
2 bed flat for saleCoatham House, Coatham Road, Redcar TS10
2 beds
1 bath
1 reception
453 sq. ft
- Chain free
PH Estate Agents Redcar
.png)
About this property
A Superb Investment Buy To Let Offering Almost 9% Yield With £435pm Rent
A Two Bedroom Top Floor Apartment
A Well Maintained Apartment
Highly Desirable Location Close To Redcar Seafront & Beach
Sold With Professional Sitting Tenant On An Assured Shorthold Tenancy
Sold With No Chain
A Two Bedroom Second Floor (Top Floor) Flat in the modern conversion of the former Redcar Youth Centre on Coatham Road.
Features include electric heating, double glazed windows, open plan living diner with fitted kitchen (built-in oven & hob), internal shower room/WC, designated parking and a telephone entry system.
The location is sure to appeal as it provides easy access to the leisure centre, bus/train services, the town centre with its wide range of shopping facilities/banks etc, beach, promenade and lovely coastal walks.
A fantastic investment buy to let offering almost 9% yield, sold with professional quality tenant paying £435 per month!
Important Information
Annual Charges
£2,500 service charges
£285 ground rent
Important Information – Making Your Home Purchase Simple
Thank you for viewing with us today. We hope you found the property interesting and would be happy to answer any additional questions you may have.
How to Make an Offer
If you’d like to proceed with an offer on this property, we’ve made the process straightforward and transparent. Here’s what you’ll need:
Identification
• Valid passport or driving licence.
For Cash Purchases
• Evidence of cleared funds by way of a bank statement.
For Mortgage Purchases
• Evidence of deposit by way of a bank statement.
• Decision in principle from your lender.
• If you need mortgage advice or assistance obtaining a decision in principle, we’re here to help and can arrange this for you.
Legal Services
We work with a panel of trusted solicitors and can provide competitive quotes for conveyancing services to make your purchase process smoother. Please ask us for a quote!
Selling Your Property?
If you have a property to sell, we’ll be happy to provide a free, no-obligation valuation. Our comprehensive marketing package includes:
• Professional photography
• Detailed floor plans
• Virtual property tour
• Listings on Rightmove, Zoopla, and On the Market
Next Steps
Once you’re ready to make an offer:
1.Contact our office.
2.Have your supporting documents ready.
3.We’ll present your offer to the seller and keep you updated.
Terms & Conditions / Disclaimers
•All property particulars, descriptions, and measurements are provided in good faith but are intended for guidance only. They do not constitute part of any offer or contract. Prospective buyers should verify details to their own satisfaction before proceeding.
•Photographs, floor plans, and virtual tours are for illustrative purposes and may not represent the current state or condition of the property.
•Any reference to alterations or use of any part of the property is not a statement that any necessary planning, building regulations, or other consent has been obtained. Buyers must make their own enquiries.
•We reserve the right to amend or withdraw this property from the market at any time without notice.
•Anti-Money Laundering (aml) regulations: In line with current UK legislation, we are required to carry out aml checks on all buyers and sellers. A fee will apply for these checks, and this charge is non-refundable. Your offer cannot be formally submitted to the seller until these compliance checks have been completed.
•By making an enquiry or offer, you consent to your details being used for the purposes of identity verification and compliance with aml regulations.
•Our agency does not accept liability for any loss arising from reliance on these particulars or any information provided.
•All services, appliances, and systems included in the sale are assumed to be in working order, but have not been tested by us. Buyers are advised to obtain independent surveys and checks as appropriate.
For further details or clarification, please contact our office directly.
Living/Dining Kitchen (2.82 x 5.24 (9'3" x 17'2"))
Bedroom (2.82 x 5.24 (9'3" x 17'2"))
Bedroom Two (2.99 x 2.32 (9'9" x 7'7"))
Shower Room/Wc (1.63 x 1.84 (5'4" x 6'0"))
Zoopla insights
Sign in and gain expert analysis to make informed decisions
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Service charge
£2,500 per year
Council tax band
A
Ground rent
£285