High Yield Opportunity | Elton Street, Redcar, TS10 2AD | 14.00% Gross Yield
Purchase Price: £60,000
Potential Rental Income: £700 PCM | Total Annual Income: £8,400
Offered at an accessible £60,000 entry point, this spacious residential property on Elton Street in Redcar represents an outstanding buy to let opportunity. Delivering a rental potential of £700 per calendar month, this asset yields an impressive 14.00 percent gross return from day one.
Key Investment Highlights
Exceptional Cash Flow: Achieving £700 PCM (£8,400 per year) provides a massive 14.00 percent gross yield based on the £60,000 asking price.
Value Add Conversion Potential: Currently arranged as a spacious 3 bedroom home with clear scope to easily configure into a 4 bedroom property to maximise rental returns further.
Low Barrier to Entry: Priced well below £70,000, offering fantastic monthly profit margins with low initial capital risk.
Prime Coastal Location: Situated in central Redcar, within easy walking distance of Regent Walk Shopping Centre, Redcar Central Rail Station, local schools, and the seafront.
A clean, high performing asset built for investors seeking maximum monthly cash flow and clear layout potential.
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