The Cherry Trees, Coatham Road, Redcar
Inglebys Estate Agents logo

The Cherry Trees, Coatham Road, Redcar

By Inglebys Estate Agents

£ 64,995

Reviews

2 out of 5 stars

Inglebys Estate Agents says ..

An ideal opportunity to purchase a spacious one bedroom apartment within a purpose built development, located in the heart of Redcar and within walking distance to a big selection of shops and the beach. Offered for sale to over 60s only.

Property Oracle says ..

This one-bedroom apartment in Redcar, North Yorkshire, is situated on Coatham Road, offering a central location close to the town centre and the beach. The property is part of a larger development and is marketed towards buyers over 60 years old. While the exterior shows the building in acceptable condition, the internal photographs reveal a need for modernisation. The kitchen and bathroom in particular look dated and would benefit from renovation. The apartment itself is of average size, as evidenced by the given square footage. Given the relatively central location and the specific target demographic, the price appears to be reasonably competitive in the local area. Potential buyers should factor in the cost of renovations and the restrictions of the property being for sale to over 60s only when making an offer. The absence of a garden is a significant limitation, but is expected given the property type. Nearby transportation options include a reasonably close railway station, potentially making it attractive to those who desire convenient access to public transport. Proximity to schools is another positive feature, but buyers should independently assess the quality of local schools before purchasing.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
685.66

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 £
Est sale value
69,937.32 £
Decreased by 3.77 %
from 72,679.96 £
Average area rental value
570.00 £/mo
Increased by 17.77 %
from 484.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
7.02 %
Increased by 58.47 %
from 4.43 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Inglebys Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Redcar Coast Surestart Children'S CentreChildren's Centre0.46 KM
Coatham Church Of England Primary SchoolAcademy Converter0.59 KM
Sacred Heart Catholic SecondaryAcademy ConverterRequires improvement0.59 KM
St Benedict'S Catholic Primary SchoolAcademy ConverterGood0.70 KM
Newcomen Primary SchoolCommunity SchoolOutstanding1.14 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Corporation Road £ 280,00000.00 KM
Arundel Street £ 000.00 KM
Priory Grove £ 260,00000.00 KM
Bridge Road £ 000.00 KM
Haweswater Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Redcar Central7950RCC0.75 KM
Redcar East7974RCE2.93 KM
Redcar British Steel7932RBS3.97 KM
Longbeck7978LGK6.07 KM
Marske7928MSK7.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Cherry Trees, Coatham Road, Redcar £ 64,995BUY4 / 100.00 KM
Coatham Road, Redcar, North Yorkshire, TS10 £ 210,000BUY6 / 100.08 KM
Coatham Road, Redcar, North Yorkshire, TS10 £ 145,000BUY5 / 100.08 KM
St. Vincent Terrace, Redcar £ 369,950BUYUnknown0.08 KM
Hill Street, Redcar £ 115,000BUYUnknown0.11 KM

Nearby Properties

AddressPriceDistance
124 Coatham Road £ 130,0000.05 KM
130 Coatham Road £ 94,3880.05 KM
142 Coatham Road £ 90,0000.06 KM
108 Coatham Road £ 162,5000.06 KM
140 Coatham Road £ 34,0000.06 KM