Flats 1-4, 48 Coatham Road, Redcar, TS10 1RS
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Flats 1-4, 48 Coatham Road, Redcar, TS10 1RS

By Align Chartered Surveyors

£ 367,500

Reviews

2 out of 5 stars

Align Chartered Surveyors says ..

Refurbished throughout, end terraced block of tenanted flats. Investment opportunity with a current rental Income of £61,800 per annum.

Property Oracle says ..

Based on the provided information, the property at Flats 1-4, 48 Coatham Road, Redcar, TS10 1RS appears to be a newly renovated property. The images show a modern interior with a contemporary design. The exterior has also been recently renovated. The location is within close proximity to Redcar Central train station (0.28 KM), offering convenient access to transportation. Several schools are also located nearby, including Redcar Coast Surestart Children’s Centre (0.11 KM), Sacred Heart Catholic Secondary (0.97 KM), and St Benedict’s Catholic Primary School (1.02 KM). However, the lack of information regarding the property’s size (SQFT and Plot size) and number of bedrooms and bathrooms prevents a complete evaluation of the property. The list price of £367,500 is significantly higher than the average price of £112,739 for the area. Considering the average price per sqft of £149, additional information regarding the size of the property is needed to assess the value. The nearby listings show a wide range of prices, with some significantly lower than the list price of this property. More information is required to accurately assess the property’s value and provide a complete analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
9
Location
7
Land
3
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
97,500.00 £
Decreased by 25.71 %
from 131,234.00 £
Average area rental value
570.00 £/mo
Increased by 17.77 %
from 484.00 £/mo
Est rental Yield
7.02 %
Increased by 58.47 %
from 4.43 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • Align Chartered Surveyors created the listing.

Nearby Schools

NameTypeOfstedDistance
Redcar Coast Surestart Children'S CentreChildren's Centre0.11 KM
Sacred Heart Catholic SecondaryAcademy ConverterRequires improvement0.97 KM
St Benedict'S Catholic Primary SchoolAcademy ConverterGood1.02 KM
Coatham Church Of England Primary SchoolAcademy Converter1.11 KM
Newcomen Primary SchoolCommunity SchoolOutstanding1.37 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Arundel Street £ 000.00 KM
Corporation Road £ 280,00000.00 KM
Easson Road £ 000.00 KM
Brooksbank Avenue £ 133,33300.00 KM
Haweswater Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Redcar Central7950RCC0.28 KM
Redcar East7974RCE2.46 KM
Redcar British Steel7932RBS4.48 KM
Longbeck7978LGK5.66 KM
Marske7928MSK6.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flats 1-4, 48 Coatham Road, Redcar, TS10 1RS £ 367,500BUY5 / 100.00 KM
The Cherry Trees, Coatham Road £ 49,950BUY5 / 100.01 KM
The Cherry Trees, Coatham Road, Redcar, North Yorkshire, TS10 £ 65,000BUY4 / 100.06 KM
Coatham Road, Redcar, North Yorkshire, TS10 £ 60,000BUY6 / 100.06 KM
The Cherry Trees, Coatham Road, Redcar, North Yorkshire, TS10 £ 69,950BUY4 / 100.06 KM

Nearby Properties

AddressPriceDistance
36 Coatham Road £ 81,0000.06 KM
40 Coatham Road £ 150,0000.06 KM
30 Coatham Road £ 156,0000.06 KM
34 Coatham Road £ 141,5000.06 KM
38 Coatham Road £ 173,0000.06 KM