140-144 Norton Road, Stockton-On-Tees, Durham, TS20
![Blue Alpine, London](https://media.rightmove.co.uk/company/clogo_70439_0006.jpeg)
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
6
- SIZE
1,818 sq ft
169 sq m
Key features
- Recently refurbished to a high standard
- 100% Occupancy
- Within 0.5 miles to Stockton Train Station
- Opposite large newbuild residential village
Description
Gross Initial Yield: 14.51%
Rental Income: £27,580 p.a.
VAT is NOT applicable to this property
Comprises 5 self-contained flats arranged over first floor and attic
Property benefits from communal area fire system and emergency lighting
Located opposite large newbuild residential village and close to secondary school
Within 0.5 miles to Stockton Train Station with occupiers nearby include takeaway shops, pharmacy, laundrette, tyre shop and others.
Property Description:
The property comprises 5 x 1-Bed Flats arranged over first floor and attic. Property has been recently refurbished to a high standard and benefits from communal area fire system and emergency lighting.
The property provides the following accommodation and dimensions:
Flat 1: 1 Bedroom, Kitchen/Living Room, Bathroom - 33 sq m (355 sq ft)
Flat 2: 1 Bedroom, Kitchen/Living Room, Bathroom - 27 sq m (290 sq ft)
Flat 3: 1 Bedroom, Kitchen/Living Room, Bathroom - 28 sq m (301 sq ft)
Flat 4: 1 Bedroom, Kitchen/Living Room, Bathroom - 24 sq m (258 sq ft)
Flat 5: 1 Bedroom, Kitchen/Living Room, Bathroom - 57 sq m (614 sq ft)
Total area size: 169 sq m (1,818 sq ft)
Tenancy:
Flat 1 is let on AST to an Individual for a term of 12 Months from 3rd August 2022 at a current rent of £5,640 p.a. Deposit held of £470.
Flat 2 is let on AST to an Individual for a term of 12 Months from 22nd August 2022 at a current rent of £5,640 p.a. Deposit held of £470.
Flat 3 is let on AST to an Individual for a term of 12 Months from 13th July 2022 at a current rent of £6,000 p.a. Deposit held of £500.
Flat 4 is let on AST to an Individual for a term of 6 Months from 6th December 2022 at a current rent of £5,100 p.a. Deposit held of £375.
Flat 5 is let on AST to an Individual for a term of 12 Months from 14th January 2023 at a current rent of £5,200 p.a. Deposit held of £433.33.
Tenure:
To be held on a new 999 Year lease from completion with ground rent of peppercorn.
Location:
Stockton-on-Tees is a major commercial centre located approximately 30 miles south of Newcastle upon Tyne and 4 miles west of Middlesbrough. The town benefits from excellent road communications, being two miles west of the A19 link road and one mile north of the A66 dual carriageway, which links the A19 with the A1(M) Motorway. The property is located opposite large newbuild residential village and close to secondary school, within 0.5 miles to Stockton Train Station. Occupiers nearby include takeaway shops, pharmacy, laundrette and others.
Brochures
Property Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
140-144 Norton Road, Stockton-On-Tees, Durham, TS20
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stockton Station0.5 miles
- Thornaby Station1.1 miles
- Billingham Station2.5 miles
About the agent
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference Stockton1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.