Summary - BELLE VUE HOUSE 4 WINDMILL TERRACE STOCKTON-ON-TEES TS20 2EH
1 bed 1 bath Flat
High-yield investment in need of lease renewal and budget planning.
Chain-free first-floor one-bedroom flat
A compact one-bedroom first-floor flat offered chain-free and sold at auction — a clear, quick purchase route for investors. The property benefits from gas central heating with a new boiler fitted in 2021, double glazing throughout and an estimated rental yield of about 9.5%, with potential annual income around £5,400. Service charge is modest and council tax is very cheap, helping running costs stay low.
There are material considerations to note: the flat is leasehold with only 84 years remaining, so buyers should budget for an urgent lease extension. Ground rent is high (£768) and will add to ongoing costs. The property sits in a very deprived area with very high local crime rates, which will affect rental demand, resale prospects and mortgage availability for some buyers.
Internally the layout is practical for a small household or single occupier: lounge, fitted kitchen, double bedroom, store/study and bathroom. The compact size makes it straightforward to maintain and suitable for buy-to-let or a first-time purchase, but limited living space and the neighbourhood profile mean it is best suited to investors or buyers prepared to accept these constraints.
Buyers should view this as a value-driven, no-chain investment that needs an immediate lease plan and careful budgeting for ground rent costs. The quick auction timetable suits those able to move fast; cash buyers or those with mortgage advice in place will be at an advantage.
1 bedroom flat for sale in Belle Vue House, 4 Windmill Terrace, Stockton-on-Tees, Cleveland, TS20 2EH, TS20 — £25,000 • 1 bed • 1 bath
1 bedroom ground floor flat for sale in Napier Street, Stockton-On-Tees, TS20 — £36,000 • 1 bed • 1 bath • 431 ft²
2 bedroom ground floor flat for sale in Norton Road, Stockton-On-Tees, TS20 — £65,000 • 2 bed • 1 bath • 786 ft²
3 bedroom terraced house for sale in Sussex Walk, Norton, Stockton-on-Tees, Durham, TS20 2RG, TS20 — £60,000 • 3 bed • 1 bath • 873 ft²
1 bedroom flat for sale in Guisborough Court, Middlesbrough, TS6 — £30,000 • 1 bed • 1 bath • 646 ft²
3 bedroom semi-detached house for sale in Norton Road, Stockton-On-Tees, TS20 — £125,000 • 3 bed • 2 bath • 710 ft²
