Waterloo

Description:

On the banks of the River Tees these high spec apartments occupy a prominent position in Stockton-on-Tees. The apartments are a short walk to the town centre with the abundance of bars, shops, restaurants and entertainment it has to offer. Durham University Queen’s Campus and Stockton Riverside College are also within the area.

Investment Highlights: The development is tenanted and leased on a 25-year agreement, with no service charge and CPI linked. It offers a 10% NET Yield, aiding the community and providing a recession-proof investment. It's a hands-off investment, and it's worth noting that the Community Benefit Society (CBS) is FCA registered.

Location Highlights: These high-end apartments hold a prime location in Stockton-on-Tees, situated along the River Tees. With their proximity to the town center, a short stroll will bring you to a plethora of bars, shops, restaurants, and entertainment venues. Additionally, both Durham University Queen’s Campus and Stockton Riverside College are nearby. This development offers all a resident will need. Stockton is currently a thriving success story, making significant progress towards its vision of becoming one of England’s top market towns. Further highlighting its value within the property investment market.

Property Highlights: The property includes a lounge and kitchen equipped with a fridge freezer, built-in oven, hob, and extractor. There is one large bedroom and a modern bathroom in the 1-bed unit, while the 2-bed unit features two bedrooms and a modern bathroom. Each apartment offers an open-plan living style and kitchen areas built to a high specification, complete with state-of-the-art appliances. Additionally, a select few of eleven developments will enjoy a rear river view.

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