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    Harwal Road, Redcar, TS10 5AQ

    £45,000Leasehold

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    Property Calculators

    Property Value (£)
    Deposit (£) 10.00%
    Duration (Years)
    Interest Rate (%)

    Mortgage

    Estimated Monthly Mortgage Payment:
    £214 /mo.
    25 Years, 4% Interest
    Loan
    £40,500
    Total Repay
    £64,132

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £0
    0% up to £45,000
    Your effective stamp duty rate is 0%

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    £45,000

    Flat

    Harwal Road, Redcar, TS10 5AQ

    2 Bedrooms1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:£1,500 per year
    Ground rent:£125 per year
    Time remaining on lease:84 years
    Council tax band:Not available
    Broadband:up to 1800Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2Three

    Key Features

    Attractive 2 Bedroom Ground Floor Flat
    Fully Compliant: EPC, EICR & Gas Safety (CP12) in Place
    Tenanted at £475PCM
    Turnkey Investment – Income from Day One
    Off Road Parking
    Double Glazing & Gas Central Heating
    Gross Rental Yield of 12.5%
    Buyers Fees Applicable of £3,000 inc. VAT

    Description

    Property Express are delighted to present this excellent tenanted investment opportunity – a well-maintained 2 bedroom ground floor flat that is fully rental-ready and already generating income.

    The accommodation briefly comprises:
    Spacious living room with natural light
    Fitted kitchen
    Two well-proportioned bedrooms
    Modern bathroom

    Additional benefits include gas central heating, double glazing, and off-road parking for residents.

    This flat is offered as a turnkey buy-to-let investment, with a reliable tenant in situ at £475 per calendar month. All compliance certificates are in place, ensuring peace of mind for any investor:

    EICR (Electrical Installation Condition Report)
    CP12 (Gas Safety Certificate)
    EPC (Energy Performance Certificate, Rating D)

    At the current rent of £475 PCM, the property delivers a gross rental yield of over 12% at the asking price, making it an attractive proposition for portfolio landlords and new investors alike.

    Located in a popular residential area close to shops, schools, and transport links, this property is well-positioned for continued strong rental demand.

    Buyers Fee Applicable of £3,000 inc. VAT

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