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Offers over

£150,000

3 bed terraced house for sale
Park Avenue, Redcar TS10

    • 3 beds

    • 2 receptions

  • EPC Rating: D

Ashbrookes Ltd

Logo of Ashbrookes Ltd

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.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Ashbrookes Ltd. 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 Ashbrookes Ltd for full details and further information.