Summary - 24 SKINNER STREET STOCKTON-ON-TEES TS18 1EG
1 bed 1 bath Terraced
Chain-free freehold with two flats — auction sale, ideal for investor refurbishment..
Freehold two-floor terraced building, sold with vacant possession
A compact freehold terraced building offered with vacant possession and arranged as two self-contained flats — ideal for a hands-on investor or buyer seeking an income stream. The property is conveniently positioned near Stockton town centre, close to Yarm Lane, public transport links (Stockton and Thornaby stations) and Durham University, supporting rental demand from students and professionals.
Sold at auction with a Guide Price of £90,000+, the building is chain-free and ready for immediate ownership. Accommodation comprises a ground-floor three-room flat with kitchen and wet room, and a first-floor one-bedroom flat with reception, kitchen and shower room. The small footprint and standard ceiling heights reflect the building's early 20th-century terraced form.
This is a value-led opportunity: the property would suit an investor wanting short-term rental income or a buyer prepared to renovate and add value. There is potential for modernisation or sensitive conversion to enhance returns, but prospective purchasers should plan for refurbishment costs and obtain any necessary consents for change of use or significant works.
Buyers should note material negatives: the area is listed as very deprived with a high local crime rate, and rooms/plot are small. These factors will influence rental types, achievable rents and resale values. A full inspection and survey are recommended prior to bidding to confirm condition, services and any remedial work required.
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