Offers over
£40,000
1 bed flat for saleBroadway West, Redcar TS10
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
PH Estate Agents Redcar
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About this property
Amazing investment opportunity
12% yield/return on investment
Ground floor
Low maintenance
Allocated parking
New carpets & neutral decor
A Fantastic Investment Buy To Let Property With A whopping 13% yeild / return on investment!
A One Bedroom Ground Floor Apartment Sold with a sitting tenant paying £500 Per Calendar Month
Important Information
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.
Description
** reduced in price to sell ! **
are you looking to make A buy-to-let investment? PH Estate Agents have you covered! We offer to you this fantastic ground floor property, which comes with allocated parking and A high rental yield!
Featuring: Open plan reception/ kitchen area - one bedroom - family bathroom - secure hallway - allocated parking & off street parking - rental income of £500 pcm.
Access through A secure communal door leads to this one bedroom apartment on the ground floor, this property is ample in size but provides all space needed for comfortable living!
Entrance
Hallway (2.74m x 0.99m (9'0" x 3'3" ))
The hallway gains access to the bedroom, family bathroom, and reception/ kitchen area.
Open Plan Kitchen/ Reception Room (3.05m x 4.50m (10'0" x 14'9" ))
This room provides all space needed for that perfect family setup and benefits from a double-glazed UPVC window to the front of the property as well as a fully equipped kitchen!
Bedroom One (2.82m x 2.51m (9'3" x 8'3" ))
The bedroom is situated at the front of the property and provides space for both a double bed as well as numerous storage units. The room compromises a large double-glazed UPVC window and electric radiator providing the warmth needed with built-in sliding wardrobes
Family Bathroom (2.69m x 0.76m (8'10" x 2'6" ))
The bathroom is compact and compromises a three-piece set including Toilet, basin, and shower cubicle making it low maintenance to clean.
External
The external of the property provides allocated parking as well as on-street parking with a small communal grass area. The property is close to amenities and bus links to the nearest town center.
Leasehold Information
The ground rent is £131.36 annually. The current service charge is £136.40 a month for 10 months a year (this includes a small added cost to pay in monthly installments) this includes all water costs for the property.
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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
Leasehold (84 years)
Service charge
£136 per year
Council tax band
A
Ground rent
£131
Ground rent date of next review