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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 198 page views

Since listed: 221 page views

Description

This stunning apartment is offered unfurnished and comprises of a spacious living and dining area which is flooded with natural light; a modern fitted kitchen with plenty of storage space; a generously sized double bedroom; and a 3-piece bathroom suite. Tenants of Coatham Court also benefit from a secure car parking space and a fantastic location.

Located in the beautiful seaside town of Redcar, 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 more attractions such as its high street shops, cinema, museums, amusements, famous racecourse and weekly markets. Redcar is also only a 20 minute drive away from Middlesbrough town 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 Redcar as it is currently undergoing extensive regeneration which will bring roughly 1,600 jobs to the area. There are plans to create a new Family Adventure Centre which will include 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, Redcar's property market is set to keep growing!

Financial Breakdown

Gross rent: £4,200
Ground rent: £250
Service charge: £700
Lettings fees: £403
Net income: £2,847
Gross yield: 7.64%
Net yield: 5.18%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-14031

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Redcar Central 0.1 miles
  • Redcar East 1 miles
  • Coatham Church of England Primary School 0.4 miles
  • Sacred Heart Secondary Catholic Voluntary Academy 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Redcar Central 0.1 miles
  • Redcar East 1 miles
  • Coatham Church of England Primary School 0.4 miles
  • Sacred Heart Secondary Catholic Voluntary Academy 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in TS10:

  • £90,435
  • Price increase

  • £278
  • (0.308%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £72,329
  • Properties sold

    12

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in TS10 is currently:

£381 pcm

Recent sales nearby

See all recent sales in TS10
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Estimated running costs

Based on available 3rd party data

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Developer

Price history

Sold prices provided by Land Registry
15th Oct 2019 £55,000 First listed
14th Jul 2017 £47,500 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.