Summary - Norton Road, Stockton-on-Tees, TS18 TS18 2DE
12 bed 7 bath Block of Apartments
Refurbished seven-unit Georgian block — freehold, turnkey for investors..
Freehold block of seven self-contained dwellings on a single title
Recently refurbished; compliance certificates (EICR, gas) in place
Period Georgian building with high ceilings and sash windows
Total advertised 12 bedrooms and 7 bathrooms across the site
Detached two-bedroom bungalow to the rear with separate access
Very high local crime and very deprived area may affect yields
Slow broadband speeds; full inspection recommended despite refurb
No flood risk; excellent mobile signal supports tenant needs
This freehold block on Norton Road offers a ready-made, recently refurbished rental portfolio of seven self-contained dwellings on a single title. The main converted Georgian house provides multiple flats across three floors, plus a detached two-bed bungalow to the rear. High ceilings and period sash windows give character that appeals to tenants seeking space and heritage features.
Refurbishment work has been completed with compliance certificates in place (EICR, gas where applicable; EPCs available), reducing immediate capital expenditure for an incoming investor. The location close to Stockton Globe Theatre and town-centre amenities supports strong tenant demand; mobile signal is excellent which helps lettings and modern tenant expectations.
Buyers should note material local-area challenges: the neighbourhood records very high crime levels and is classified as very deprived, which will affect rents, void rates and resale appeal. Broadband speeds are slow — an issue for some tenants — and as with any period property a full structural inspection is recommended despite recent works. There is no flood risk and the freehold title covers all units, simplifying management.
This is a practical, turn-key opportunity for a landlord or portfolio buyer seeking immediate rental income from a character property with reduced short-term capex. The holding suits investors comfortable operating in higher-deprivation urban markets who can price rents and management to reflect the area’s challenges.
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