- Stamp Duty Paid
- Exclusive Prices for Choices Investments clients
- Achieve up to 8.73% Rental Yield
- From one of the North East’s leading developers
- Riverside Apartments
Choices Investments are pleased to present five newly converted, one bedroom apartments with exclusive prices, built by one of the North East’s leading developers available for just £55,000. Some units benefit from river views and the development is just 0.9 miles from Durham’s university’s Queen’s campus.
The property comes with a new 125 year lease with ground rent initially charged at £300pa with the first review after 10 years. The apartment comes with oven/hob extractor, floor coverings in the kitchen and bathroom and one allocated parking space. A fridge freezer and washing machine are also included within the purchase price.
Floor plans, site plans and a full specification available upon request.
Stockton-on-Tees is a market town situated in County Durham in the North East of England. Stockton is now ranked within the top ten in research compiled by estate agent Hamptons International, based on house price-to-income ratios and the Life Satisfaction Index from the Office if National Statistics showing that it is one of the most affordable places to live in the UK.
The area has a history of heavy industry however with the decline of this sector throughout the Twentieth century Stockton has undergone significant redevelopment. Nowadays, the area is known for the service industry with the Teesdale Business Park located on the south bank of the River Tees. This area is also home to Durham University’s Queen’s Campus.
Further redevelopment of the town is already underway with the £300million Northshore Scheme which will provide further business space, housing, leisure facilities and a new campus for Durham University.