Summary - Thirsty Souls Thirsty Souls Regency West Mall, Stockton-On-Tees, Durham, TS18 TS18 1EF
29 bed 1 bath Commercial Development
**Standout Features:**
- Large commercial property with development potential
- Planning permission for 29 apartments (28 one-bedroom, 1 two-bedroom)
- Located in TS18, a culturally rich urban area
- Close proximity to several well-rated primary and secondary schools
- Long leasehold with 998 years remaining and nominal ground rent of £1
- Rapid access to amenities and excellent mobile and broadband connectivity
**Summary:**
This remarkable commercial development opportunity offers a significant prospect for investors looking to capitalize on the thriving rental market in Stockton-on-Tees. With planning permission already secured for 29 apartments, including 28 one-bedroom units, this property is ideally positioned to fill the local demand for high-quality, self-contained living spaces. The area currently faces a shortage in this segment, presenting a unique chance to develop residential options that cater to individuals seeking independence, particularly care leavers and adults with additional needs.
Although the location has a high crime rate and is classified as deprived, it boasts a vibrant urban mix and numerous community amenities, enhancing living experiences for future tenants. The property features a historic Victorian facade, providing potential for renovation while maintaining charm. Additionally, its excellent mobile signal and fast internet access will cater to modern living requirements.
Offered at £299,999, this property represents an timely and profitable investment opportunity. Don’t miss out on the chance to be part of a dynamic housing solution in a growing community!
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