18 bedroom block of apartments for sale

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18 bedroom block of apartments for sale

Skinner Street, The Town House, TS18
£1,450,000

Our Summary

  • The property will be sold via Modern Method of Auction, ensuring a simple and transparent process for buyers
  • For Sale by Modern Auction – T & C’s apply, subject to reserve price, buyers fees apply
  • Mixed-Use Investment: A combination of residential and commercial spaces that offers both immediate cash flow and long-term capital growth potential

Description

The Town House is a large freehold investment property located in Stockton-On-Tees, comprising 18 fully let apartments with a mix of 2-5 bedrooms, as well as commercial units on the ground floor, including a restaurant that has been rented for the past 4 years. The property offers private parking to the rear and generates an annual rent of £221,160, providing a reliable income stream. Situated in the heart of Stockton-On-Tees, close to local amenities, transport links, and the town centre, the property is an attractive spot for tenants. With its mixed-use layout, the property offers both immediate rental income and long-term potential, and will be sold via Modern Method of Auction, ensuring a simple and transparent process for buyers.