£145,000

3 bedroom terraced house for sale

Park Avenue, Redcar TS10
terraced house terraced house
bedrooms 3 bedrooms
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Property description

High-Yield Turnkey Investment – 12% Gross Return (aprx)
A standout opportunity for savvy investors—this fully tenanted, mixed-use property delivers immediate income, an aprx. 12% gross yield, and minimal maintenance, thanks to recent upgrades including:
New Central Heating System with Air Source Heat Pump
Brand-New Radiators & Cavity Wall Insulation.
Solar Panels
Significantly Improved Residential Unit
But one of the real highlights? A generous forecourt with off-street parking for up to six vehicles—a rare and highly attractive feature that adds significant value and long-term appeal for tenants and future resale.
Property Overview:
Ground Floor Commercial Unit – Refurbished and let at £475 PCM
Spacious 3-Bed Residential Apartment – Tenanted and producing £650 PCM
Forecourt Parking for Six Vehicles – Huge bonus for both commercial and residential tenants
Private Rear Garage – Additional storage or potential income stream.
This is a hands-off investment with quality tenants in situ, producing a stable income stream and future-proofed with energy-efficient systems already in place.
Whether you're adding to a portfolio or entering the market, this opportunity offers strong returns, immediate income, and excellent tenant appeal.
Opportunities with this level of yield and parking convenience don’t come around often—enquire today!


Shop Premises - Located on a busy neighbourhood parade close to central Redcar the unit comprises of an open plan area with storage and W.C. facilities providing approximately 29sqm (312sqft). There is private parking available.
Suitable for a variety of uses subject to planning permission. Previous uses include a dog grooming salon and beauty salon/nail bar. Neighbouring occupiers include a general store, dentist, vets and pet supply store.

General Information

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Property Details
All property details, including but not limited to dimensions, floor plans, and photographs, are provided by the sellers, landlords, or third-party sources and have not been verified by Ashbrookes Ltd.
Prospective buyers or tenants should not rely solely on these details and should conduct their own due diligence.
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Ashbrookes Ltd does not accept any responsibility for any errors or omissions or any loss or damage resulting from reliance on the property descriptions.

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Information regarding the financial performance of investment properties is illustrative and should not be construed as a guarantee of future performance.

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First listed

Over a month ago

Energy Performance Certificate

Park Avenue, Redcar TS10

Marketed by

Ashbrookes - Middlesborough Linthorpe Road Middlesbrough TS1 3RA
Call agent on 01642 048442
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Ashbrookes - Middlesborough. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ashbrookes - Middlesborough for full details and further information.
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