For sale by Online Auction - 25th of March 2026.
Ready-Made Investment Opportunity 3 Fully Let 1-Bedroom Flats Generating a Strong 10% Yield For Sale by Online Auction
Description
Location: Flat 1, 3 & 4, 190 High Street, Eston, Redcar and Cleveland, TS6 9JE
Property Type: 3 x 1-Bed Flats
Bedrooms: 1
Bathrooms: 1
Tenure: Leasehold
Tenancy Status: Fully Let
Investment Strategy: Buy-to-Let
Current Rental Income: £1,200 pcm / £14,400 pa
Potential Yield: 10%
Turn-Key Freehold Investment Opportunity in Redcar and Cleveland
An ideal ready-made investment comprising three well-presented one-bedroom flats, all currently let and generating a strong rental return. Situated in a central High Street location, this property offers consistent rental demand and the potential for long-term capital growth. Perfect for investors seeking a hands-off buy-to-let opportunity with immediate income.
Interested? Get in touch today!
Disclaimer:
Material information will be provided within the legal pack to download this, please register your interest at tcpa.co.uk
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Please note: TCPA have not inspected this property. All details have been supplied by the vendor.
The property is offered for sale by Unconditional Auction. Buyers must undertake their own due diligence and rely on their own inspections, searches, and legal advice prior to bidding.
Tenure
Leasehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.