Summary - Skinner Street, The Town House, TS18 TS18 1DY
18 bed 1 bath Block of Apartments
**Standout Features:**
- **Investment Opportunity**: 18 fully let residential apartments (2-5 bedrooms), plus a ground-floor restaurant.
- **Strong Rental Income**: Currently generating a robust £221,160 annually.
- **Location**: Prime urban setting in Stockton-On-Tees, near local amenities and transport links.
- **Ample Parking**: Off-street parking available for residents and customers.
- **Mixed-Use Property**: Combination of residential and commercial units offers immediate cash flow and long-term growth potential.
- **Auction Sale**: Available via Modern Method of Auction—early registration encouraged.
**Summary:**
Introducing an exceptional investment opportunity in the heart of Stockton-On-Tees—a well-maintained block of 18 residential apartments ranging from 2 to 5 bedrooms, coupled with a fully let ground-floor restaurant that has been impressively stable for the past 4 years. Together, these units generate an impressive annual rental income of £221,160, making this property a smart choice for investors seeking reliable cash flow and future growth potential.
Positioned in a lively urban area, The Town House benefits from close proximity to an array of local amenities and excellent transport links, ensuring high tenant demand. Off-street parking adds value for both residential and commercial tenants, enhancing convenience and appeal.
While the property's footprint is compact, the combination of its tenant mix and the vibrant location positions it as a prime opportunity in a competitive market. Please be aware of specific considerations, such as the property's high crime score and overall area deprivation, which may influence tenant selection and property management.
Offered via Modern Auction, interested parties are encouraged to act quickly to seize this unique chance to invest in a well-rounded, mixed-use asset. Don't miss out on the opportunity to add this lucrative property to your portfolio!
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