**Standout Features:**
- **Investment Potential:** 21 self-contained apartments, mostly tenanted.
- **Strong Yield:** Excellent long-term rental yield and potential for capital growth.
- **Current State:** Well-maintained condition, ensuring immediate profitability.
- **Parking:** 29 off-street parking spaces; additional income potential from Parking Eye installation (up to £12,000/year).
- **Location:** Conveniently located 0.5 miles from Stockton on Tees Town Centre.
**Concise Summary:**
This exceptional investment opportunity features 21 self-contained, well-maintained apartments situated in two modern blocks—14 apartments in one and 7 in the other. Each spacious apartment includes two bedrooms, a lounge, a bathroom, and a kitchen, making them highly desirable among tenants and attractive for investors. Offering an impressive rental yield and strong capital growth potential, this property is perfect for both seasoned investors and first-time buyers eager to build their portfolio.
The premises offer ample parking with 29 designated spaces and recently installed Parking Eye technology, creating an additional income stream of up to £12,000 per year. Located just 0.5 miles from Stockton on Tees Town Centre, the property ensures easy access to amenities and services in a growing area. With close proximity to reputable schools rated as 'Good' and 'Outstanding', this property ticks all the boxes for a thriving rental market.
Seize this opportunity to invest in a flourishing rental landscape—schedule your viewing today!