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Coatham External.jpg
For saleReduced 14 Oct 2026
£89,500Guide price

Coatham Road, Redcar, TS10 1RH

2bedrooms
2bathrooms
Block of Apartmentstype
Leaseholdtenure

Listed 12 Jun 2024 · price reduced 14 Oct 2026 · Redcar

How the price compares

This home£89,500
Median 2 bed in TS10£120k56 homes listed · £151 per sq ft
Difference-25%below the area median

Key features

  • Ideal investment opportunity.
  • Two, one bedroom apartments, close to Redcar centre.
  • Gross rental income approaching £10,000 per annum
  • Offered for sale with long term tenants in situ.
  • 105 year lease remaining on each apartment.
  • Viewing by appointment only, please call to arrange.

About this home

ATTENTION INVESTORS - 2 APARTMENTS FOR SALE.

Located at Coatham Road in Redcar, this pair of one-bedroom flats available for sale, making it an ideal choice for those looking to expand their property portfolio. Currently sold with sitting tenants, the apartment generates a steady rental income of £10,000 per annum, providing a reliable return on investment.

The location is particularly appealing, with easy access to local amenities, transport links, and the beautiful coastline that Redcar is known for. Whether you are a seasoned investor or a first-time buyer looking to enter the rental market, this property offers both charm and financial potential.

Do not miss the chance to acquire this well-located apartment in a thriving area. It is a perfect opportunity to secure a property that not only meets your needs but also promises a fruitful investment for the future.

Tenure: Leasehold Council Tax Band: Apartment A - Redcar & Cleveland Band A, Apartment B - Redcar & Cleveland Band A EPC Rating: Apartment A - E, Apartment B - D

Communal Entrance - Double glazed windows to the rear aspect. Meter cupboards.

Under-stair storage area. Apartment A is located on the first floor and apartment B on the second.

Apartment A -

Living Room - 5.31 x 3.91 (17'5" x 12'9") - Double glazed bay window to the front aspect. Electric fire with a marble effect back and hearth and a wooden surround.

Kitchen - 3.66 x 1.56 (12'0" x 5'1") - Double glazed window to the rear aspect. A range of fitted wall and base units with wood effect roll top work surfaces. Electric cooker point. Stainless steel sink with mixer tap. Plumbing for a washing machine. Tiled splashback. Tile effect vinyl flooring.

Bathroom - 3.98 x 1.55 (13'0" x 5'1") - Double glazed, frosted window to the rear aspect. A white three piece bathroom suite comprising of a low level WC, pedestal wash and a panelled bath with shower over. Wood panelled walls. Tile effect vinyl flooring.

Bedroom - 2.18 x 3.12 (7'1" x 10'2") - Double glazed window to the front aspect.

Apartment B -

Living Room - 5.1 x 3.0 (16'8" x 9'10") - Double glazed window to the front aspect. Electric fire with a marble effect back and hearth and a wooden surround.

Kitchen - 4.0 x 1.85 (13'1" x 6'0") - Double glazed window to the rear aspect. A range of fitted wall and base units with wood effect roll top work surfaces. Electric cooker point. Stainless steel sink with mixer tap. Plumbing for a washing machine. Tiled splashback. Wood effect vinyl flooring.

Bathroom - 3.98 x 1.55 (13'0" x 5'1") - Double glazed, frosted window to the rear aspect. A white three piece bathroom suite comprising of a low level WC, pedestal wash and a panelled bath with shower over. Wood panelled walls. Wood effect vinyl flooring.

Bedroom - 4.07 x 2.38 (13'4" x 7'9") - Double glazed window to the front aspect.

Anti-Money Laundering (Aml) & Funding Disclaimer - Legal Requirement: We must verify the identity and conduct full due diligence on all parties connected to a transaction to comply with UK Money Laundering Regulations.

All Legal Entities Covered: Mandatory compliance checks apply to all legal entities involved in the purchase, including individual buyers, companies, partnerships, trusts, or corporate bodies.

Zero Credit Impact: Checks are securely handled by a third-party compliance provider; they are strictly for identity verification and will not affect your credit history or score.

Fees & Refund Policy: A fee of £36 (including VAT) per check is payable in advance and becomes non-refundable once the checks have been conducted.

Proof of Funding: Valid proof or source of funding must be provided and approved before we can formally accept your offer.

Process Constraint: We cannot issue the official Sales Memorandum or progress the transaction until all fees are paid, funding documents are approved, and compliance checks are successfully completed for all entities.

Disclaimer - Please note that all measurements contained in these particulars are for guidance purposes only and should not be relied upon for ordering carpets, furniture, etc. Anyone requiring more accurate measurements may do so by arrangement with our office.

Our description of any appliances and / or services (including any central heating system, alarm systems, etc.) should not be taken as any guarantee that these are in working order. The buyer is therefore advised to obtain verification from their solicitor, surveyor or other qualified persons to check the appliances / services before entering into any commitment.

The tenure details and information supplied within the marketing descriptions above are supplied to us by the vendors. This information should not be relied upon for legal purposes and should be verified by a competent / qualified person prior to entering into any commitment.

Property details

Property type
Block of Apartments
Council tax band
A
Tenure
Leasehold
Lease remaining
105 years left

Location

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  • Redcar Central Station0.1 mi
  • Redcar East Station0.9 mi
  • British Steel Redcar Station1.8 mi

What nearby homes sold for

Median sold prices in TS10 over the last 12 months: semi-detached £165k · terraced £118k · detached £260k · flat £63k.

AddressTypeSoldPrice
204 Coatham Road
Redcar TS10 1RA
Terraced
Freehold
28 Aug 2026£209,950
Flat 12, The Cherry Trees, Coatham Road
Redcar TS10 1RP
Flat
Leasehold
21 Aug 2026£62,500
Flat 39, The Cherry Trees, Coatham Road
Redcar TS10 1RP
Flat
Leasehold
16 Jul 2026£62,500
Flat 46, The Cherry Trees, Coatham Road
Redcar TS10 1RP
Flat
Leasehold
29 May 2026£45,000
146 Coatham Road
Redcar TS10 1RZ
Terraced
Freehold
18 May 2026£135,000
Flat 60, The Cherry Trees, Coatham Road
Redcar TS10 1RP
Flat
Leasehold
29 Apr 2026£65,000
Flat 40, The Cherry Trees, Coatham Road
Redcar TS10 1RP
Flat
Leasehold
26 Mar 2026£42,000
Flat 22, The Cherry Trees, Coatham Road
Redcar TS10 1RP
Flat
Leasehold
20 Mar 2026£65,000
2 Royal York Apartments, Coatham Road
Redcar TS10 1RN
Flat
Leasehold
23 Jan 2026£35,000
4 Royal York Apartments, Coatham Road
Redcar TS10 1RN
Flat
Leasehold
19 Dec 2025£63,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TS10

Buying costs

Monthly repayment£448£8,950 deposit · £80,550 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Inglebys Estate Agents, Saltburn-By-The-Sea on Rightmove (original listing). First listed 12 Jun 2024; details checked 7 Nov 2026. Latest change: reduced on 14/10/2026.

Agent disclaimer

Disclaimer - Property reference 33162550. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Inglebys Estate Agents, Saltburn-By-The-Sea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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