1 bed flat

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1 bed flat

Norton Road, Stockton-On-Tees TS20
£64,995

Our Summary

  • Energy Performance: Current: E, with potential: B

Description

This 1-bedroom first-floor apartment in Norton Mew Development is an attractive investment opportunity for buyers. Located within walking distance of Norton High Street shops and amenities, the property features a hallway, open-plan kitchen/living area, double bedroom, and shower room. The current tenant generates an annual rental income of £6,300, providing a gross yield of 9.7% or a return on investment of 38.7% with a 25% deposit. With a council tax band of A and energy performance rating of E (with potential to improve to B), this property offers a solid investment prospect. Viewings are highly recommended to appreciate the property's potential.
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