Coatham Road, Redcar, TS10 1RZ

Property Overview

A freehold 5-bedroom block of flats on Coatham Road, Redcar, TS10 1RZ. The property has been part converted into two self-contained residential units: a two-bedroom flat and a three-bedroom flat. Both units have generously proportioned rooms and potential for further development or completion.

Accommodation

• Two self-contained flats: one two-bedroom flat and one three-bedroom flat
• 5 bedrooms
• 5 bathrooms, with en-suite bathrooms to all bedrooms
• 2 reception rooms
• Part converted condition; further completion or development may be required

Location

Located on Coatham Road, with access to Redcar town centre, the seafront, local amenities, transport links and the wider Teesside area.

Tenure & Key Information

• Tenure: Freehold
• EPC: D
• Council Tax: Band to be confirmed
• Occupancy: Unspecified
• Services: Seller advises mains electricity, water and sewerage are provided
• Flood risk: Seller advises very low risk of surface water flooding

Auction & Buyer Charges

• Guide Price: £99,950+
• Auction Date: 30 September 2026
• Auction administration fee: £2,000 plus VAT, total £2,400
• If the buyer uses a recommended North East based solicitor, the auctioneer receives a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480)
• The guide price is not a valuation or indication of the final sale price

Investment Analysis

HB estimate: The assessment is limited because no completed-sale comparables, rental evidence, occupancy information or auctioneer valuation has been supplied. No reliable GDV, rental, yield or maximum-bid estimate can be calculated without further evidence.

HB estimate: Treat £99,950+ as the auction guide only and separately budget the £2,400 administration fee. No formal valuation is provided.

Sold Comparables

No HM Land Registry sold comparables were supplied.

Rental Evidence

No advertised rental evidence or auctioneer estimated rent was supplied. No achieved or passing rent has been provided.

Strategy & Risks

Undertake full legal, physical and tenancy due diligence before bidding. Do not bid without verifying rental income, occupancy status, condition, unit configuration and comparable sales evidence.

• No sold comparables supplied
• No rental comparables or auctioneer rent estimate supplied
• Occupancy status is unspecified
• Property condition and refurbishment requirements are unknown
• The £2,400 auction administration fee is payable in addition to the purchase price
• The guide price is not a valuation or indication of the final sale price