WH113

Stockton-On-Tees

PROPERTY TYPE:

Property Reference – WH113
Residential Buy-To-Let
Modern, High Quality Apartments

PURCHASE PRICE:

One bed apartment – £65,000
Two bed apartment – £85,000

RETURNS:

7% NET per annum
3-year rental assurance

OTHER HIGHLIGHTS:

Waterfront location
Fully managed by experienced lettings & management company
125 year Lease
Due for completion September 2017

Overview

An exciting renovation of a perfectly positioned waterfront building. Consisting of 43 high quality, modern residential apartments located in the market town of Stockton-On-Tees in County Durham, North East England.

The development is due for completion September 2017. All apartments are spacious, fully furnished and come with parking spaces. Ideally located close to transport links, Durhams University campus, business parks as well as shopping & leisure facilities.

The property is being developed by a highly respected developer and will be fully managed by an experienced lettings & management company, buyers will receive an assured rental income of 7% NET (excluding ground rent) for the first 3 years.

Specification

One bedroom apartment comprises of: Entrance hall, lounge, kitchen, fridge/feezer, built in oven, hob & extractor. Spacious bedroom & modern bathroom.

Approx size: 390SQFT

Furniture Pack:

Lounge

1 x 2 Seater Faux Leather Sofa (2 sofas

included if there are 2 bedrooms)

1 x Glass Coffee Table

Kitchen

1 x Glass Dining Table

4 x Dining Chairs

Bedroom

1 x Double Wardrobe

1 x Large Chest of Drawers

1 x Bedside Drawer

1 x Faux Leather 4’6” Double Bed

Two bedroom apartment comprises of: Entrance, lounge, kitchen, fridge/feezer, built in oven, hob & extractor. Two spacious bedroom & a modern bathroom.

Approx size: 592SQFT

Furniture Pack:

Lounge

1 x 2 Seater Faux Leather Sofa (2 sofas

included if there are 2 bedrooms)

1 x Glass Coffee Table

Kitchen

1 x Glass Dining Table

4 x Dining Chairs

Bedroom 1

1 x Double Wardrobe

1 x Large Chest of Drawers

1 x Bedside Drawer

1 x Faux Leather 4’6” Double Bed

Bedroom 2

1 x Double Wardrobe

1 x Large Chest of Drawers

1 x Bedside Drawer

1 x Faux Leather 4’6” or 3’0” Double Bed

(depending on room size)

Location overview

Stockton on Tees is market town in the North East of England in County Durham. It boasts a historical mixture of Georgian and Mediaval buildings. Stockton on Tees is part of the wider Teesvalley region.

The area is served by strong transport links including national train lines, an airport and some of the most open motorways in the country. Top Russel group university Durham has its Queen’s Campus which is linked to the town centre by the Teesquay Millennium Footbridge, Princess of Wales Bridge and the Infinity Bridge. Stockton plays host to plenty of attractions.

There is a white water rafting course at Tees Barrage, country parks such as Ropner Park, Billingham Beck Park or Preston Hall Park & Museum. Stockton is home to over 100 acres of parkland overlooking the River Tees.

• Easy access to A66, connecting to Middlesbrough, Sunderland and Newcastle by road

• 200m walk from Thornaby train station, connecting to central Middlesbrough within 6 minutes and Teeside University

• Adjacent to Teasdale Business Park and walking distance to Stockton Riverside College and Durham University Queens College Campus

• 2 minute drive to Teeside Shopping Park serviced by Argos, Morrisons, Showcase Cinema

• 5 minute walk to Castlegate Shopping Centre and Stockton High Street, winner of the Great British High Street of the Year Awards’ Rising Star category

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