These newly built freehold houses come with an exclusive £15,000 discount negotiated from sold prices, and are ready to be tenanted immediately.
Complete with a driveway to the rear, each high quality traditional build two-bed property features uPVC glazing and gas central heating. The ground floor comprises a lounge, a kitchen with white units and oven, hob & extractor and a downstairs W.C. Upstairs features a master double bedroom, a smaller second bedroom and a family bathroom with a white suite and glass shower screen. There is a 7-year Professional Consultants Certificate.
Located in Stockton-on-Tees, a market town 8 miles from Middlesbrough with a striking waterfront setting, tenants are just 1 mile from the town’s train station and 1.3 miles from Durham University’s Queen’s Campus.
With a shortage of housing, the government has awarded £12.8m to Teesside for the first phase of the combined authority’s Housing Growth Corridor plan. More than 2,100 houses will be located on the West Stockton Strategic Urban Expansion site, to the north-west of Stockton.
Work is under way to develop the town’s north bank with the £300 million Northshore scheme, which will include new offices, leisure facilities, housing, a 150-bedroom hotel and a new campus for Durham University.
In 2012, a long-term scheme aimed at transforming the town centre area was announced, with investment of around £38m. Stockton Borough Council will contribute just over £20m, with the remainder from the private sector and grants. The investment programme aims to attract more retailers, businesses and shoppers to the town by opening up new spaces and links to the River Tees, providing easier access and parking and building on the towns heritage and cultural assets. It will take advantage of its location close to the River Tees, Stockton’s 700 years as a market town, and its reputation as a centre for performing arts. The scheme was completed in 2015.
Risk Warning and Disclaimer:
The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.