Guide price
£39,999
2 bed flat for saleRose Court, Flat Rose Court, Stockton-On-Tees TS20
2 beds
1 bath
EPC Rating: B
- Leasehold
House Sales Direct
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About this property
Leasehold
245 Years Remaining On Lease
Ground Rent - ?16.66 pcm
Service Charge - ?65 pcm
Estimated Net Rental Yield Of 13%
Close To Stockton Railway Station
We are delighted to present this 2-bedroom apartment located in the ever-popular Stockton-on-Tees, offering an excellent opportunity for savvy investors. This property provides a blank canvas, ideal for tailoring to tenant needs, and boasts an impressive estimated net rental yield of 13%. With its desirable location and strong investment potential, this apartment is perfectly suited for those looking to expand their rental portfolio.
Situated on the ground floor, this property welcomes you into a spacious living room, which flows seamlessly into a well-equipped kitchen. Completing the layout are two versatile bedrooms and a main bathroom, making this an ideal home for a range of buyers.
Externally, the property offers the added benefit of off-road parking, providing both convenience and peace of mind.
Located in Stockton-on-Tees, the area benefits from excellent transport links and local attractions, ideal for first-time investors. Stockton Railway Station is just 0.45 miles away, offering regular services to surrounding areas, while nearby bus stops, such as Tilery Road, provide convenient local
Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.
To secure this property in accordance with our terms, a ?6,000 deposit will be required, which will be deducted from the purchase price. Additionally, there is a non-refundable Reservation Fee of ?450 inc VAT, which is separate from the purchase price.
All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions.
Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale process on your behalf, ensuring a smooth and efficient transaction.
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More information
Tenure
Leasehold (245 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review