Waterloo Place
Stockton-on-tees, Thornaby
£45,000
£45,000
Tenure: Leasehold
Ref: STO109438
- Newly renovated apartment
- 7.05% net yield
- Contemporary features
- Close to local schools commuting routes
- Ideal investment opportunity
monthly mortgage estimate
OFFERING 8% NET YIELD in this fantastic newly renovated APARTMENT with CONTEMPORARY FEATURES. This niche location is excellent for ease of access to A66, within 200m of Thornaby Train Station and walking distance to Riverside College and Durham University Queen College Campus.
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- Years remaining: 0 years
- Current ground rent: £300
- Ground rent review period: Contact branch
- Annual service charge: £1,503
- Ground rent increase: Contact branch
Council Tax Band: A
Tenure: Leasehold
in detail
OFFERING 8% NET YIELD in this fantastic newly renovated APARTMENT with CONTEMPORARY FEATURES. This niche location is excellent for ease of access to A66, within 200m of Thornaby Train Station and walking distance to Riverside College and Durham University Queen College Campus. This is a great and affordable INVESTMENT OPPORTUNITY.
Double glazed window to front elevation, electric heater, television point, telephone point and door leading to kitchen / breakfast room.
Double glazed window to front elevation and electric heater.
Communal Entrance Hallway
Entered via door to front elevation, stairs leading to first floor and door leading into entrance hallway.Hallway
Cupboard housing the hot water cylinder, plumbing for washing machine and door leading through to lounge.Lounge
12' 7" maximum x 10' 2" ( 3.84m maximum x 3.10m )Double glazed window to front elevation, electric heater, television point, telephone point and door leading to kitchen / breakfast room.
Kitchen / Breakfast Room
Fitted with a range of wall and base units, work top surfaces, built-in electric hob, spotlights to ceiling, electric oven, space for free standing fridge freezer, chrome sink, drainer and mixer tap and chrome chimney style extractor hood.Bedroom One
16' 2" x 9' 8" maximum ( 4.93m x 2.95m maximum )Double glazed window to front elevation and electric heater.
Bathroom
Suite comprising of bath with overhead mixer shower, wash hand basin, WC, extractor fan, spotlights to ceiling, heated towel rail and part tiled.
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Monthly mortgage estimate
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Stockton On Tees team...
23 High Street
STOCKTON-ON-TEES
Cleveland
TS18 1SP
STOCKTON-ON-TEES
Cleveland
TS18 1SP
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY
AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.