2 Bed Flat, Potential PLO/LOA, Stockton-on-Tees, TS18 3AN, £65,000

12 Brusselton Court, Stockton-on-tees, Stockton-on-tees, TS18 3AN - 19 views - 7 months ago

Leasehold
Negative Equity
ROI: 12%
57 m²
+2 photos

ValuationOvervalued











Cashflows



































Property History

Listed for £65,000

-76%

August 27, 2024

Sold for £205,357

2007

Floor Plans

Description

  • Ground Rent: £250 per annum +
  • Service Charge: £1329.70 per annum +

This property listing describes a two-bedroom ground-floor apartment in Victoria Park, Stockton On Tees. Here are the key highlights:

Property Features:

Investment Opportunity: The property is being sold with a tenant in place, currently paying £525 per month, making it an immediate income-generating investment.

Modern Amenities: The apartment includes double-glazed windows and doors, gas central heating (GCH), and an intercom system for added security.

Allocated Parking: Dedicated parking space for residents.

Juliette Balcony: The lounge features French doors opening to a Juliette balcony.

Built in 2008: A relatively modern build, contributing to the property's overall good condition.

*

Accommodation Layout:

Entrance Hallway: Features an intercom system, radiator, fuse box, and a storage cupboard.

Family Bathroom: Equipped with a 3-piece white suite, chrome fittings, spotlights, and an extractor fan.

Lounge: Contains two radiators and French doors leading to the Juliette balcony.

Kitchen: Fitted with modern appliances, including a gas hob, oven, extractor hood, and a combi boiler. It also has a double-glazed window, a range of wall and base units, worktops, and a sink with a mixer tap.

Bedroom 1: Includes a radiator and a double-glazed door.

Bedroom 2: Comes with a radiator and a double-glazed window overlooking the rear communal grassed area/walkway.

*

Location:
The apartment is conveniently located within close proximity to the regenerated Stockton High Street and Town Centre, offering easy access to local amenities and transport links.

Viewing:
Viewings are highly recommended and can be arranged through Kings.

This property is an ideal investment opportunity, offering modern living in a desirable location with a reliable rental income already in place.

Agent Details

Kings Sales & Letting Agents, Yarm

01642 049237

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.