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4 bed property for sale in Hartington Road, Stockton-On-Tees

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Property description

A unique investment opportunity to purchase this block of four self-contained flats. The property itself has the accommodation spread over three floors and consists of communal entrance hall and stairways, two flats have lounge/kitchen with a separate bedroom and shower room and two flats are of a bed-sit style with separate shower room. We have been advised that that flat 2 & 3 are let and getting £350pcm each, 5 rented at £400 pcm & 6 rented at £350pcm . On these figures the accommodation alone is generating circa £1,450 per month and £17,400 per annum which equates to an 8% yield.
An Amazing Investment Opportunity

Property info

Floorplan(s): Floorplan

Floorplan View original

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Property value data/graphs for TS18

Property type	Avg. current value	Avg. £ per sq ft.	Avg. # beds	Avg. £ paid (last 12m)
Detached	£226,674	£147	3.6	£234,465
Semi-detached	£167,588	£137	3.2	£177,165
Terraced	£156,357	£123	2.9	£95,194
Flats	£108,460	£144	1.8	£70,555

Current asking prices in TS18

Average: £185,164

Avg. current asking prices in TS18
Property type	1 bed	2 beds	3 beds	4 beds	5 beds
Houses	£146,500 (2)	£103,533 (30)	£193,765 (65)	£278,112 (26)	£310,833 (6)
Flats	£42,244 (8)	£70,990 (5)	-	-	-
All	£63,095 (10)	£98,884 (35)	£193,765 (65)	£278,112 (26)	£310,833 (6)

Current asking rents in TS18

Average: £637 pcm

Avg. current asking prices in TS18
Property type	1 bed	2 beds	3 beds	4 beds	5 beds
Houses	£475 pcm (3)	£923 pcm (1)	£853 pcm (4)	£1,183 pcm (3)	-
Flats	£449 pcm (14)	£631 pcm (2)	-	-	-
All	£454 pcm (17)	£728 pcm (3)	£852 pcm (4)	£1,183 pcm (3)	-

Fun facts for TS18

Highest value in TS18
Highest value streets	Zed-Index
Greens Valley Drive	£419,360
Yarm Road	£393,833
Woodside Grove	£383,254
Kenton Close	£309,985
Chivers Court	£290,995

Highest turnover in TS18
Highest turnover streets	Turnover
Quebec Road	56.2%
Brooklime Avenue	52.4%
Sundew Court	50.0%
Coltsfoot Drive	50.0%
Dorado Close	43.8%

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Smith & Friends Estate Agents (Stockton on Tees), and do not constitute property particulars. Please contact Smith & Friends Estate Agents (Stockton on Tees) for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.