Investment Opportunity With Sitting Tenant
Current Rental Income Of £650 PCM
Approx. 13% Gross Yield At Asking Price
One Bedroom Ground-Floor Apartment
Well-Presented & Modern Throughout
Recently Fitted Contemporary Kitchen
Modern Bathroom Suite
Gas Combi Central Heating
Allocated Parking Space & Visitor Parking
Convenient Riverside Location Close To Local Amenities
READY-MADE INVESTMENT OPPORTUNITY – SITTING TENANT PAYING £650 PCM
Harper & Co are pleased to offer to the market this well-presented one-bedroom ground-floor apartment within the popular Trinity Mews development in Stockton-on-Tees.
Currently occupied by a sitting tenant paying £650 per calendar month, the property provides an immediate rental income from completion and, based on the £60,000 asking price, represents a gross rental yield of approximately 13%.
Internally, the apartment offers comfortable and modern accommodation comprising a private entrance hallway, spacious lounge, recently fitted kitchen, double bedroom, contemporary bathroom and useful storage.
The property has been well maintained and benefits from gas combi central heating, together with secure access to the communal areas.
Externally, residents have the benefit of a private car park, with the apartment having an allocated parking space, together with additional visitor parking bays.
The combination of an established tenant, strong current rental income and accessible purchase price makes this an attractive proposition for both established landlords and investors looking to add to their portfolio.
The property is conveniently positioned for Stockton-on-Tees and the surrounding Teesside area, with access to local amenities, educational facilities, transport connections and the River Tees.
Trinity Mews occupies a convenient position close to the River Tees and provides good access to Stockton-on-Tees, Thornaby and the wider Teesside area.
The development is well placed for a range of local amenities and educational facilities, including Durham University's Queen's Campus, with Stockton town centre and surrounding retail, leisure and employment areas also within easy reach.
For those travelling throughout the area, there are convenient road and public transport connections providing access across Stockton, Middlesbrough and the wider Tees Valley.
The nearby riverside also provides access to walking routes and local landmarks including the Millennium Bridge, adding to the convenience of the location for residents.
Please Find The Attached Brochure With Material Information For Buyers.
Tenure: Leasehold
Lease Term: 999 Year Lease From 1995
Service Charge: £1,865.03 Per Annum (01 January 2026 To 31 December 2026)
Management Company: Town & City Management
Land Registry Title Number: CE135141
Last Sold Date: 06/10/2006
Tenure: Leasehold
Last Sold Price: £82,500
Although Issued In Good Faith, These Particulars Are Not Factual Representations And Are Not A Part Of Any Offer Or Contract. Prospective Buyers Should Independently Verify The Matters Mentioned In These Particulars. There Is No Authority For Harper & Co Estate Agents Limited Or Any Of Its Employees To Make Any Representations Or Warranties About This Property.
While We Try To Be As Accurate As Possible With Our Sales Particulars, They Are Only A General Overview Of The Property. If There Is Anything In Particular That Is Important To You, Please Contact The Office And We Will Be Happy To Check The Situation For You, Especially If You Are Considering Traveling A Significant Distance To View The Property. The Measurements Provided Are Only For Guidance, Thus They Must Be Regarded As Inaccurate. Please Be Aware That Harper & Co Have Not Tested Any Of The Services, Appliances, Or Equipment In This Property; As A Result, We Advise Prospective Buyers To Commission Their Own Surveys Or Service Reports Before Submitting A Final Offer To Purchase. Money Laundering Regulations: In Order To Avoid Any Delays In Finalising The Sale, Intending Buyers Will Be Required To Provide Identification Documentation At A Later Time. Please Cooperate With Us In This Process.
To Comply With Legal Requirements, Buyers Will Need To Provide ID Documents During The Sale Process. We Appreciate Your Cooperation.
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