This property has been taken off the market.

5 Bed Block Of Apartments House For Sale Norton Road, Stockton-on-Tees, TS20

£175,000- Block Of Apartments

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 3rd April 2024

Description

StrapLine

Auction Sale - 16/04/2024

Of interest to investors

Residential Investment Comprising 5x one bed flats

Investment let at £27,580 pa (15.76% on Guide Price)


Description

The property comprises the upper parts of a building, and comprises 5x one bed flats, fully let.


Tenancy

Please see Tenancy & Accommodation Schedule below.


Accommodation

Please note the approximate areas have been provided by the VOA/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.

Agent Details
Savills Auctions
33 Margaret Street London W1G 0JD

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested