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For Sale 1 Bedroom 1 Bathroom 1 Reception From £65,000

Teesdale South, Thornaby Place, TS17 - From £65,000

  • **Investment Opportunity New Residential Development**
  • 1 bedroom apartments from £65,000
  • 2 bedroom apartments from £85,000
  • 7% NET rental Yield assured for 3 years
  • Newly renovated converted building
  • 5 minute walk from Stockton High Street
  • Completion September 2017

*INVESTMENT OPPORTUNITY* Fully managed hands-off investment. New furnished apartments, offering 7% net yield assured for 3 years. All newly renovated to a high standard with modern features.

1 & 2 BEDROOM APARTMENTS FROM £65,000

Nu:Move & Resinvest are proud to present a fantastic invesment opportunity on the market. We are offering investors 1 and 2 bedroom apartments within the Waterloo House Development, Stockton-on-Tees. 1 and 2 bedroom apartments are available with a 7% yeild return on investment guaranteed for 3 years.

The niche location of Waterloo house provides easy access to A66, connecting to Middlesbrough, Sunderland and Newcastle by road. Conveniently located only 200m walk from Thornaby train station, connecting to central Middlesbrough within 6 minutes and Teeside University. The development adjacent to Teasdale Business Park and walking distance to Stockton Riverside College and Durham University Queens College Campus and also a 2 minute drive to Teeside Shopping Park serviced by Argos, Morrisons, Showcase Cinema.

Stockton-on-Tees is market town in the North East of England in County Durham. It boasts a historical mixture of Georgian and Mediaval buildings. Stockton on Tees is part of the wider Teesvalley region. The area is served by strong transport links including national train lines, an airport and some of the most open motorways in the country. Top Russel group university Durham has its Queen's Campus which is linked to the town centre by the Teesquay Millennium Footbridge, Princess of Wales Bridge and the Infinity Bridge. Stockton plays host to plenty of attractions. There is a white water rafting course at Tees Barrage, country parks such as Ropner Park, Billingham Beck Park or Preston Hall Park & Museum. Stockton is home to over 100 acres of parkland overlooking the River Tees.

Availability:

* 1 bedroom apartment - £65,000

* 2 bedroom apartment - £85,000

Investment Overview

* 7% NET Rental Yields

* Net rental yield is assurred for 3 years

* Completion September 2017

* 125 Year Lease starting from 2017

* Fully furnished - Furniture packs available

* Allocated parking spaces

* Services Charge - £781pa (1 bed apartment), £1185pa (2 bed apartment)

* Ground Rent - £300pa

Call our Sales/Investment team on 0330 223 0331.

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The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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