Block of Apartments

Cliffe Crescent, Loftus, Saltburn-by-the-sea, TS13 4RY

Size: 122 sqm

Purchase price

£85,000

Size: 122 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
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

Key features

Earn instant income

Key features

Freehold

Key features

Two self contained flats

Key features

On street parking

Key features

Double glazed

Key features

Excellent location

Key features

Great transport links

Key features

Shops and amenities nearby

Key features

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...

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!

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Freehold
    Tick Desktop Two self contained flats
    Tick Desktop On street parking
    Tick Desktop Double glazed
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops and amenities nearby
    Key features

    Freehold

  • LocationLocation

*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.

Breakdown
Financial performance*
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.