Offers over
£150,000
3 bed terraced house for salePark Avenue, Redcar TS10
3 beds
2 receptions
EPC Rating: D
Ashbrookes Ltd
.png)
About this property
High-Yield Turnkey Investment – 12% Gross Return (aprx)
A standout opportunity for savvy investors—this fully tenanted, mixed-use property delivers immediate income, an aprx. 12% gross yield, and minimal maintenance, thanks to recent upgrades including:
New Central Heating System with Air Source Heat Pump
Brand-New Radiators & Cavity Wall Insulation.
Solar Panels
Significantly Improved Residential Unit
But one of the real highlights? A generous forecourt with off-street parking for up to six vehicles—a rare and highly attractive feature that adds significant value and long-term appeal for tenants and future resale.
Property Overview:
Ground Floor Commercial Unit – Refurbished and let at £475 pcm
Spacious 3-Bed Residential Apartment – Tenanted and producing £650 pcm
Forecourt Parking for Six Vehicles – Huge bonus for both commercial and residential tenants
Private Rear Garage – Additional storage or potential income stream.
This is a hands-off investment with quality tenants in situ, producing a stable income stream and future-proofed with energy-efficient systems already in place.
Whether you're adding to a portfolio or entering the market, this opportunity offers strong returns, immediate income, and excellent tenant appeal.
Opportunities with this level of yield and parking convenience don’t come around often—enquire today!
Shop Premises - Located on a busy neighbourhood parade close to central Redcar the unit comprises of an open plan area with storage and W.C. Facilities providing approximately 29sqm (312sqft). There is private parking available.
Suitable for a variety of uses subject to planning permission. Previous uses include a dog grooming salon and beauty salon/nail bar. Neighbouring occupiers include a general store, dentist, vets and pet supply store.
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.