108 High Street, Redcar
Auction House London commercial

108 High Street, Redcar, Cleveland, TS10 3DL

£25,000 Score 7.0/10

Description

A First Floor Office Space Fully Let Producing £5,000 Per Annum (Reflecting a Gross Initial Yield of 20%). Offered with Planning Permission to Convert to an Eight Bedroom HMO.

Opportunities

  • Development potential
  • Extension/HMO potential
  • 20.0% GIY
  • HMO
  • Investment valuation candidate

Risks

  • Yield estimate unrealistic — verify actual achievable rent

Lot details

  • commercial
  • Leasehold
  • A First Floor Office Space Fully Let Producing £5,000 Per Annum (Reflecting a Gross Initial Yield of 20%). Offered with Planning Permission to Convert to an Eight Bedroom HMO.
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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.