TS18 3PW and 19 Cranbourne Terrace... 2 bed property for sale

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TS18 3PW and 19 Cranbourne Terrace... 2 bed property for sale

TS18 3PW and 19 Cranbourne Terrace , Stockton, Stockton-on-Tees, Durham, TS18 3PX
£74,000

Price History

Initial price £79,000
14/07/25 £74,000
Price Change -6.33%

Description

This is a unique opportunity to purchase two 1-bedroom flats in Stockton-on-Tees, ideal for property investors seeking a strong yield. The properties are situated close to local amenities, schools, and public transport links, making them attractive to tenants. The first-floor flat at 1 Walter Street features an entrance area, kitchen, living room, double bedroom, shower room, and separate W.C., currently tenanted at £400 per calendar month. The ground-floor flat at 19 Cranbourne Terrace includes a living room, inner hallway, double bedroom, kitchen, bathroom/W.C., and private rear yard, currently tenanted at £450 per calendar month. Both properties boast gas central heating and UPVC double glazing, and are sold with a freehold tenure. With an impressive 11% yield, this is a fantastic investment opportunity.