One-bedroom flat

This is a prime investment property with massive potential yield within the popular buy-to-let location of Stockton-on-Tees. It is a first-floor studio property with a potential rental of £400pcm (£4,800 per annum). The first-floor accommodation comprises a lounge/kitchen/bedroom and a shower room. The property will require a degree of upgrading by the new owner. It is a perfect rental investment with a high potential yield in a super rental location close to the town centre, supermarkets, major employers, train station, and transport links. Once fully renovated, the realistic rental potential is around £400pcm (£4,800 per annum). The flat is in need of refurbishment and modernisation. Stockton-on-Tees is a large market town in the Borough of Stockton-on-Tees, County Durham, England, situated between the towns of Darlington, Hartlepool, and Middlesbrough. The property is leasehold with 999 years remaining from 18th May 2022.