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For Investment
Investment Opportunity. 1 & 2 Bedroom Apartments in Stockton on Tees ( County Durham), U. K. From £65,000
Beds:
1
Baths:
1
Location:
Stockton on Tees
Price/Rent:
£ 65000 GBP

Property Description

Investment Opportunity. 1 & 2 Bedroom Apartments in Stockton on Tees ( County Durham), U. K. From £65,000

Assured Net Yield of 7% for 3 years

Key Investment Facts

43 residential apartments in a waterside setting.

One-bedroom apartments just £65,000

Two-bedroom apartments just £85,000

Assured Net Yield of 7% for 3 years

Fully Furnished

Parking space for each apartment

Full title deed with 125 years lease

Completion Date September 2017

Waterloo House – Stockton on Tees ( County Durham)

This building on the banks of the River Tees is being converted into high quality residential apartments which will appeal to both young professionals, families and students. Comprising 35 one bedroom and 8 two-bedroom apartments, many with stunning views of the river and surrounding area. One-bedroom apartments are priced at just £65,000 and two-bedroom apartments are priced at just £85,000. This price includes a full furniture pack and a car park space. You will then receive a 7% net yield for the next 3 years. (ground rent is £300 per year).

Location

Stockton on Tees is market town in the North East of England in County Durham.

Stockton on Tees is part of the wider Teesvalley region.

The area is served by strong transport links including national train lines, an airport and some of the most open motorways in the country.

Top Russell group university Durham has its Queen’s Campus which is linked to the town centre by the Tees quay Millennium Footbridge, Princess of Wales Bridge and the Infinity Bridge.

Stockton plays host to plenty of attractions. There is a white-water rafting course at Tees Barrage, country parks such as Ropner Park, Billingham Beck Park or Preston Hall Park & Museum.

Stockton is home to over 100 acres of parkland overlooking the River Tees.

Walking distance to Durham University Queens College Campus and Stockton Riverside Campus

Easy access to main road – A66, connecting to Middlesbrough, Sunderland and Newcastle

8 minutes walk from Thornaby train station, connecting to central Middlesbrough within 6 minutes

Adjacent to Teesdale Business Park

2-minute drive to Teeside Shopping Park serviced by Argos, Morrisons, Showcase Cinema

5-minute walk to Castlegate Shopping Centre and Stockton High Street, winner of the Great British High Street of the Year Awards’ Rising Star category

 

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