Broadway West, Redcar, North Yorkshire, TS10
By Pro Investment Properties Ltd
£ 55,000
Reviews
2 out of 5 stars
Pro Investment Properties Ltd says ..
Investment Opportunity - 1 Bedroom Flat with Guaranteed RentAvailable for £55,000, this 1-bedroom flat offers a secure, hands-off investment with a 25-year social housing lease in place.Guaranteed Rent: £390 per month (£4,680 annually)Yield: Strong 8.5% returnLease Term: 25 years
Property Oracle says ..
This is a one-bedroom flat located on Broadway West in Redcar. The property appears to be in reasonable condition, with a modern kitchen and bathroom. The location offers access to local amenities and transportation links, including the Redcar British Steel train station. However, the nearest school has a ‘Requires Improvement’ rating. The asking price of £55,000 seems reasonable compared to other properties in the area. This property could be suitable for a first-time buyer or investor.
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
- 8
- Condition
- 7
- Location
- 6
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
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
- 248,576.00 £Increased by 38.72 %
- Average area rental value
- 778.00 £/moDecreased by 7.93 %
- Est rental Yield
- 3.76 %Decreased by 33.57 %
- Crime Rate
- 72.00 %Unchanged by 0.00 %
Agent Activity
Pro Investment Properties Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Dormanstown Primary Academy | Academy Sponsor Led | Requires improvement | 0.32 KM |
| Outwood Academy Redcar | Academy Sponsor Led | 2.01 KM | |
| Coatham Church Of England Primary School | Academy Converter | 2.05 KM | |
| Newcomen Primary School | Community School | Outstanding | 2.15 KM |
| Sacred Heart Catholic Secondary | Academy Converter | Requires improvement | 2.18 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Adshead Road | £ 90,000 | 0 | 0.00 KM |
| Primrose Road | £ 47,292 | 0 | 0.00 KM |
| Poppy Close | £ 250,000 | 0 | 0.00 KM |
| Buttercup Close | £ 0 | 0 | 0.00 KM |
| Meadowsweet Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Redcar British Steel | 7932 | RBS | 1.57 KM |
| Redcar Central | 7950 | RCC | 3.25 KM |
| Redcar East | 7974 | RCE | 5.15 KM |
| Longbeck | 7978 | LGK | 7.81 KM |
| South Bank | 7953 | SBK | 8.99 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Broadway West, Redcar, North Yorkshire, TS10 | £ 55,000 | BUY | 5 / 10 | 0.00 KM |
| Broadway West, Redcar, North Yorkshire, TS10 | £ 40,000 | BUY | 5 / 10 | 0.00 KM |
| Zetland House, Broadway West | £ 40,000 | BUY | 6 / 10 | 0.02 KM |
| Crossley Apartments, Maxwell Place | £ 65,000 | BUY | Unknown | 0.10 KM |
| The Green, Redcar, North Yorkshire, TS10 | £ 100,000 | BUY | 6 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Maxwell Place | £ 38,500 | 0.08 KM |
| 15 Ennis Square | £ 250,000 | 0.09 KM |
| 33 Ennis Square | £ 62,500 | 0.09 KM |
| 37 Ennis Square | £ 30,000 | 0.09 KM |
| 3 Ennis Square | £ 87,500 | 0.09 KM |