Private hall for sale

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Private hall for sale

Mandale Terrace, Thornaby, Stockton-On-Tees TS17
£20,000

Our Summary

  • Located in the heart of Thornaby on Mandale Terrace, TS17 6AD, these individual student units present an exceptional investment opportunity, offering high yields and a completely hands-off ownership experience
  • With strong rental demand, proven occupancy rates, and no requirement for renovation or setup, these turnkey investments begin generating income from day one

Description

This property, located in the heart of Thornaby, is a fantastic investment opportunity for students. The individual units are purpose-built and fully furnished, featuring modern en-suite facilities, study areas, and contemporary finishes. The property is just minutes from Teesside University and surrounded by local shops, cafes, and excellent transport links, making it an ideal location for students. The units are fully managed by a professional onsite team, allowing for a completely hands-off ownership experience. With strong rental demand, proven occupancy rates, and no requirement for renovation or setup, these turnkey investments begin generating income from day one. The property offers a gross yield of 31.88% and a net yield of 7.95%, making it an attractive option for investors seeking a passive income stream.