**Standout Features:**
- Prime town center location
- Approved planning permission for 29 apartments (22 one-beds, 7 two-beds)
- Prominent commercial/residential building with substantial land area
- Adjacent car park for added convenience
- Excellent mobile and broadband connectivity
- Strong rental potential in a vibrant urban area
**Concerns:**
- Property requires renovation
- Current EPC and council tax status pending
- Located in a high crime area
- Area classified as very deprived
**Summary:**
Discover a lucrative investment with this prominent property located in the heart of Stockton-on-Tees. With planning permission already granted for 29 modern apartments—22 one-bedroom and 7 two-bedroom units—this offering promises a strong return in a rapidly evolving student and rental market. The building features a classic Victorian facade, while the spacious interior layout is ripe for redevelopment.
Besides its great investment potential, the location ensures easy access to local amenities, entertainment, and transport links, fostering an appealing community vibe. Though some renovation is necessary, the property’s overall size and town center positioning imbue it with incredible future possibilities. Buyers should note that the area faces challenges, including high crime rates and deprivation, but with the right vision, this property could transform into a sought-after living space. Seize this unique opportunity before it’s gone!
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