Property photos
£300,000
(£100.00/sq. ft)
Block of flats for sale
Norton Road, Stockton-On-Tees TS183,000 sq. ft
Local area information
Property location
Nearby amenities
- Mill Lane Primary School 0.2 miles
- Stockton 0.3 miles
- Tilery Primary School 0.5 miles
- Thornaby 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Price £300,000
- Yield 10%
- 105 Year Leasehold
- Fully let & income producing
- Recently refurbished
Discover an enticing investment opportunity nestled within the vibrant town centre of Stockton-on-Tees, a bustling market town and administrative hub with a thriving mixed economy. Boasting a resident urban area population of approximately 85,000 and a catchment area population of 196,000, this location offers significant potential for residential property investment.
The apartments, occupying the upper two floors of an attractive building with ground floor retail units, offer a desirable blend of comfort and convenience. Each flat is meticulously designed to maximize space and functionality, comprising comfortable living areas, well-appointed kitchens, and cozy bedrooms. Additionally, the apartments feature modern bathrooms or shower rooms, ensuring comfort and convenience for residents.
Strategically located on Norton Road, within a short walking distance of the town centre and its amenities, these apartments offer easy access to local facilities and transport routes. Stockton-on-Tees enjoys excellent connectivity, situated within 12 miles of Darlington and 22 miles from Durham, making it an ideal location for commuters and residents alike.
Offered on a 125-year ground lease from 13.05.2003 at a peppercorn rent, the properties present a secure and attractive investment opportunity. With their prime location, well-designed interiors, and long-term leasehold tenure, these residential apartments offer the potential for steady rental income and capital appreciation over time.
Seize the opportunity to invest in the thriving residential market of Stockton-on-Tees. Contact us today to explore this exceptional investment prospect and secure your stake in this dynamic town centre location.
The apartments form the upper two floors of an attractive building with separate ground floor retail units and comprise as follows:
First floor flat 1
Lounge 17' 2'' x 10' 11'' (5.23m x 3.32m)
Kitchen 9' 10'' x 7' 9'' (2.99m x 2.36m)
Bedroom 11' 4'' x 11' 3'' (3.45m x 3.43m)
Bathroom 6' 6'' x 6' 2'' (1.98m x 1.88m)
First floor flat 2
Lounge 12' 11'' x 11' 3'' (3.93m x 3.43m)
Kitchen 7' 9'' x 7' 6'' (2.36m x 2.28m)
Bedroom 10' 0'' x 9' 7'' (3.05m x 2.92m)
Shower Room 6' 2'' x 4' 8'' (1.88m x 1.42m)
Second floor flat 3
Lounge 16' 8'' x 10' 11'' (5.08m x 3.32m)
Kitchen 9' 9'' x 7' 10'' (2.97m x 2.39m)
Bedroom 12' 2'' x 11' 4'' (3.71m x 3.45m)
Bathroom 6' 6'' x 6' 2'' (1.98m x 1.88m)
Second floor flat 4
Lounge 13' 7'' x 10' 6'' (4.14m x 3.20m)
Kitchen 7' 11'' x 6' 11'' (2.41m x 2.11m)
Bedroom 10' 10'' x 8' 10'' (3.30m x 2.69m)
Bathroom 6' 4'' x 4' 8'' (1.93m x 1.42m)
The apartments, occupying the upper two floors of an attractive building with ground floor retail units, offer a desirable blend of comfort and convenience. Each flat is meticulously designed to maximize space and functionality, comprising comfortable living areas, well-appointed kitchens, and cozy bedrooms. Additionally, the apartments feature modern bathrooms or shower rooms, ensuring comfort and convenience for residents.
Strategically located on Norton Road, within a short walking distance of the town centre and its amenities, these apartments offer easy access to local facilities and transport routes. Stockton-on-Tees enjoys excellent connectivity, situated within 12 miles of Darlington and 22 miles from Durham, making it an ideal location for commuters and residents alike.
Offered on a 125-year ground lease from 13.05.2003 at a peppercorn rent, the properties present a secure and attractive investment opportunity. With their prime location, well-designed interiors, and long-term leasehold tenure, these residential apartments offer the potential for steady rental income and capital appreciation over time.
Seize the opportunity to invest in the thriving residential market of Stockton-on-Tees. Contact us today to explore this exceptional investment prospect and secure your stake in this dynamic town centre location.
The apartments form the upper two floors of an attractive building with separate ground floor retail units and comprise as follows:
First floor flat 1
Lounge 17' 2'' x 10' 11'' (5.23m x 3.32m)
Kitchen 9' 10'' x 7' 9'' (2.99m x 2.36m)
Bedroom 11' 4'' x 11' 3'' (3.45m x 3.43m)
Bathroom 6' 6'' x 6' 2'' (1.98m x 1.88m)
First floor flat 2
Lounge 12' 11'' x 11' 3'' (3.93m x 3.43m)
Kitchen 7' 9'' x 7' 6'' (2.36m x 2.28m)
Bedroom 10' 0'' x 9' 7'' (3.05m x 2.92m)
Shower Room 6' 2'' x 4' 8'' (1.88m x 1.42m)
Second floor flat 3
Lounge 16' 8'' x 10' 11'' (5.08m x 3.32m)
Kitchen 9' 9'' x 7' 10'' (2.97m x 2.39m)
Bedroom 12' 2'' x 11' 4'' (3.71m x 3.45m)
Bathroom 6' 6'' x 6' 2'' (1.98m x 1.88m)
Second floor flat 4
Lounge 13' 7'' x 10' 6'' (4.14m x 3.20m)
Kitchen 7' 11'' x 6' 11'' (2.41m x 2.11m)
Bedroom 10' 10'' x 8' 10'' (3.30m x 2.69m)
Bathroom 6' 4'' x 4' 8'' (1.93m x 1.42m)
More information
Listed by
Sandringham Investments Property Group
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