Cliffe Crescent, Loftus, Saltburn-by-the-sea, TS13 4RY
Size: 122 sqm
Purchase price
£85,000
Size: 122 sqm
Tenanted
Gross rent | £6,600 |
Lettings fees | £634 |
Net income | £5,966 |
Gross yield | 7.76% |
Net yield | 7.02% |
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent converted mid terraced consists of two self contained flats, fully tenanted and already earning.
This excellent converted mid terraced property comprises of; one bedroom flat on the ground floor; lounge with double glazed window to the front; fully fitted kitchen with all appliances included; three piece family bathroom with shower over bath; a double bedroom with double glazed window to the rear. First floor flat comprises of; lounge with double glazed window to the front; fully fitted kitchen; double bedroom with double glazed window to the rear; three piece family bathroom with shower over bath; single bedroom with double glazed window to the front. The property comes with on street parking.
Located in the beautiful seaside town of Carlin How, there is a wealth of local amenities to enjoy. For those who like to take full advantage of the seaside location, there is surfing, windsurfing, fishing or just taking in the incredible views from the top of the 80ft Redcar Beacon! Redcar also offers numerous attractions such as its high street shops, cinema, museums, amusements, famous racecourse and weekly markets. Redcar is also only a 15 minute drive away from Middlesbrough city centre, making it a haven for commuters and really enabling residents to get the best of both worlds. It is no surprise that Redcar is a popular place to live as there is something for everybody!
Now is a fantastic time to be investing in Carlin How as it is currently undergoing a huge regeneration within a stones throw which will bring roughly 1,600 jobs to the area. There are plans to create a new Family Adventure Centre which will host trampolining, bowling, a soft play area and cafes with views across the picturesque seafront, a brand new 5-screen cinema and a complete revamp of Redcar Station just to name a few. With the additional rental demand that these developments will bring, alongside its close proximity to Middlesbrough city centre, Carlin How’s property market is set to keep growing!
Interested in this property? Enquire today for more information
Key features
Earn instant income
Freehold
Two self contained flats
On street parking
Double glazed
Excellent location
Great transport links
Shops and amenities nearby
Freehold
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent converted mid terraced consists of two self contained flats, fully tenanted and already earning. More info... Less info...
This excellent converted mid terraced property comprises of; one bedroom flat on the ground floor; lounge with double glazed window to the front; fully fitted kitchen with all appliances included; three piece family bathroom with shower over bath; a double bedroom with double glazed window to the rear. First floor flat comprises of; lounge with double glazed window to the front; fully fitted kitchen; double bedroom with double glazed window to the rear; three piece family bathroom with shower over bath; single bedroom with double glazed window to the front. The property comes with on street parking.
Located in the beautiful seaside town of Carlin How, there is a wealth of local amenities to enjoy. For those who like to take full advantage of the seaside location, there is surfing, windsurfing, fishing or just taking in the incredible views from the top of the 80ft Redcar Beacon! Redcar also offers numerous attractions such as its high street shops, cinema, museums, amusements, famous racecourse and weekly markets. Redcar is also only a 15 minute drive away from Middlesbrough city centre, making it a haven for commuters and really enabling residents to get the best of both worlds. It is no surprise that Redcar is a popular place to live as there is something for everybody!
Now is a fantastic time to be investing in Carlin How as it is currently undergoing a huge regeneration within a stones throw which will bring roughly 1,600 jobs to the area. There are plans to create a new Family Adventure Centre which will host trampolining, bowling, a soft play area and cafes with views across the picturesque seafront, a brand new 5-screen cinema and a complete revamp of Redcar Station just to name a few. With the additional rental demand that these developments will bring, alongside its close proximity to Middlesbrough city centre, Carlin How’s property market is set to keep growing!
Freehold
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Gross rent | £6,600 |
Lettings fees | £634 |
Net income | £5,966 |
Gross yield | 7.76% |
Net yield | 7.02% |
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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yieldit is a company registered in England and Wales. Registered number: 5236745.