Coatham Road, Redcar
PH

Coatham Road, Redcar

By PH Estate Agents

£ 70,000

Reviews

2 out of 5 stars

PH Estate Agents says ..

This modern two bedroom ground floor flat is the perfect BUY TO LET OPPORTUNITY paying £720pcm - that's A WHOPPING 12% YIELD / RETURN ON INVESTMENT ! Ideally situated near a vibrant array of local conveniences, with an assortment of restaurants, bars, and shops just a stone's throw away....

Property Oracle says ..

This two-bedroom apartment located on Coatham Road, Redcar, presents a potentially appealing option for first-time buyers or investors. The property is positioned close to Redcar Central railway station, providing easy access to public transportation links. The surrounding area features various amenities, including schools and shops within walking distance, enhancing its appeal. The images show the interior to be in fairly good condition, with a functional layout and modern-looking fixtures. The apartment’s size at 635 sqft offers adequate space for a couple or small family, with two bedrooms and one bathroom. While the property doesn’t include a private garden, its price point of £70,000 presents a potentially attractive opportunity in this area. The lack of a plot size, along with limited comparable property data for pricing per square foot, presents a limitation for assessing the price-to-value proposition with complete accuracy. Potential buyers should engage in a thorough property survey before committing to purchase to assess the condition and identify any potential maintenance or repair needs. Investors might also carefully analyze rental yields in the vicinity to compare with other investment possibilities.

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
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
635.07

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
64,777.14 £
Decreased by 3.77 %
from 67,317.42 £
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
48.00 %
Unchanged by 0.00 %
from 48.00 %

Agent Activity

  • PH Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Redcar Coast Surestart Children'S CentreChildren's Centre0.38 KM
Zetland Primary SchoolAcademy ConverterGood1.19 KM
Sacred Heart Catholic SecondaryAcademy ConverterRequires improvement1.23 KM
St Benedict'S Catholic Primary SchoolAcademy ConverterGood1.27 KM
Coatham Church Of England Primary SchoolAcademy Converter1.41 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Arundel Street £ 000.00 KM
Easson Road £ 000.00 KM
Brooksbank Avenue £ 133,33300.00 KM
George Street £ 80,00000.00 KM
Corporation Road £ 280,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Redcar Central7950RCC0.21 KM
Redcar East7974RCE2.21 KM
Redcar British Steel7932RBS4.78 KM
Longbeck7978LGK5.44 KM
Marske7928MSK6.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
Coatham Road, Redcar £ 118,750BUYUnknown0.04 KM
Milbank Terrace, Redcar £ 45,000BUY6 / 100.09 KM
Station Road, Redcar, North Yorkshire, TS10 £ 90,000BUY5 / 100.10 KM
Station Road, Redcar, North Yorkshire, TS10 £ 80,000BUYUnknown0.11 KM
Coatham House, Coatham Road, Redcar, TS10 1TE £ 59,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
4 - 6 Coatham Road £ 175,0000.08 KM
6 Coatham Road £ 175,0000.08 KM
26 Coatham Road £ 104,0000.08 KM
10 Milbank Terrace £ 85,0000.09 KM
44a Station Road £ 145,0000.10 KM