**Standout Features:**
- **Investment Opportunity:** Currently tenanted with reliable rent payments.
- **Location:** Well-situated in a cosmopolitan student neighborhood.
- **Size:** Average-sized flat, approximately 538 sq ft.
- **Room Count:** 1 bedroom, 1 bathroom, spacious lounge, and fully-equipped kitchen.
- **Current Rental Income:** Generates an annual gross income of £4,680.
**Potential Concerns:**
- **Leasehold:** Being a leasehold property may require future consideration for rental terms or related fees.
- **High Crime Rate in the area:** Potential concern for some buyers regarding safety.
This 1-bedroom flat in the bustling area of Stockton-On-Tees presents a prime buy-to-let opportunity, especially for serious investors. With its current tenant, who has consistently paid rent for several years and wishes to stay, you can start seeing returns immediately. The contemporary living space features a spacious lounge filled with natural light, a fully-equipped kitchen, and a three-piece bathroom, all maintained to a good standard.
The location is ideal for attracting young professionals or students, given its proximity to local amenities, schools, and public transport. This property not only provides instant income but also has the potential for future appreciation in this developing area. Act quickly — opportunities like this in a well-maintained entry-level price range are rare and sure to attract interest!