4 bedroom flat for sale

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4 bedroom flat for sale

Norton Road, Stockton-On-Tees, Durham, TS18
£300,000

Our Summary

  • Discover an enticing investment opportunity nestled within the vibrant town centre of Stockton-on-Tees, a bustling market town and administrative hub with a thriving mixed economy
  • Boasting a resident urban area population of approximately 85,000 and a catchment area population of 196,000, this location offers significant potential for residential property investment
  • 2003 at a peppercorn rent, the properties present a secure and attractive investment opportunity
  • With their prime location, well-designed interiors, and long-term leasehold tenure, these residential apartments offer the potential for steady rental income and capital appreciation over time

Description

Discover a lucrative investment opportunity in the heart of Stockton-on-Tees, a thriving market town with a strong mixed economy. The apartments, located on the upper two floors of a charming building with ground floor retail units, offer a perfect blend of comfort and convenience. Each flat features modern interiors, including comfortable living areas, well-appointed kitchens, and cozy bedrooms, as well as modern bathrooms or shower rooms. Strategically situated on Norton Road, the apartments are within walking distance of the town centre and its amenities, with excellent connectivity to Darlington and Durham. The properties are offered on a 125-year ground lease from 2003 at a peppercorn rent, providing a secure and attractive investment opportunity with potential for steady rental income and capital appreciation. With its prime location, well-designed interiors, and long-term leasehold tenure, this investment prospect is not to be missed.