4 bedroom flat for sale

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4 bedroom flat for sale

Norton Road, Stockton-On-Tees, Durham, TS18
£300,000

Our Summary

  • 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
  • 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

Description

Investors are invited to seize an exceptional opportunity in the thriving town centre of Stockton-on-Tees, with a prime location and secure long-term leasehold tenure. The property comprises four well-appointed apartments occupying the upper two floors of an attractive building with ground floor retail units, offering comfortable living areas, modern kitchens, and cozy bedrooms. Each apartment features modern bathrooms or shower rooms, ensuring comfort and convenience for residents. Strategically located within a short walking distance of the town centre and its amenities, the apartments offer easy access to local facilities and transport routes. With 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 are offered on a 125-year ground lease from 13.05.2003 at a peppercorn rent, providing a secure and attractive investment opportunity.
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