18 bedroom block of apartments for sale

We are pleased to offer The Town House for sale, a large freehold investment property located at Skinner Street, Stockton-On-Tees, TS18 1DY. This property consists of 18 fully let apartments ranging from 2 to 5 bedrooms, offering a mix of accommodation for tenants.On the ground floor, there are commercial units, one of which has been rented as a restaurant for the last 4 years, providing stable rental income. The property also has private parking to the rear, making it convenient for both tenants and customers.The property currently generates an annual rent of £221,160, offering a reliable income stream. Located in the heart of Stockton-On-Tees, it’s close to local amenities, transport links, and the town centre, making it an attractive spot for tenants.This mixed-use property provides both immediate rental income and long-term potential. The property will be sold via Modern Method of Auction, ensuring a simple and transparent process for buyers. Interested parties are encouraged to register their interest early to secure this excellent investment opportunity.
EPC Rating: C