Skinner Street, The Town House, TS18 18 bed block of apartments for sale

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Skinner Street, The Town House, TS18 18 bed block of apartments for sale

Skinner Street, The Town House, TS18
£1,500,000

Our Summary

  • The property will be sold via Modern Method of Auction, ensuring a simple and transparent process for buyers

Description

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