Apartment in Stockton-on-Tees, United Kingdom

ResInvest is pleased to offer this development of 43 apartments consisting of one and two bedroom apartments. All newly renovated to a high standard in this converted building.

Net rent is guaranteed for 3 years. Land rent is not included in the rent.

Stockton on Tees is a market town in the northeast of England in the county of Durham. It has a historic mix of medieval buildings. Stockton on Tees is part of the wider Teswell region. The area is served by strong transport links, including national rail lines, an airport, and some of the country's most open highways. The Russel group University Durham Graduate School has Queen's Campus, which is connected to the city center via the Teesquay Millennium Pedestrian Bridge, the Princess of Wales Bridge and the Infinity Bridge.

Stockton accepts many attractions. Theis Barraga has white-water rafting, country parks such as Ropner Park, Billingham Beck Park or the Preston Hall Museum and Park. Stockton is home to over 100 acres of parkland overlooking the river.

Profitability: 8 NET for 3 years guaranteed (signed by a third-party management company www.thelettingsroom.co.uk)
Valuation of capital: sold at 10-15 BMV (below market)
Management: Fully Managed by The Letting Room (capital investment)
Property: 125 years of rental
Stamp Duty: only 3 for each unit (taxes for Manchester / London range from 8-13)
Practical completion: completed.
Additional benefits: Online portal (to ensure easy sale through our internal network of investors around the world)
Specifications
Property type:apartment
Property condition:new build

ID: 122073 27.11.2017

  • 37 sq. m
  • 1 bedroom
73 050 €
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500 m
2000 ft

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