Block of apartments for sale

>

Block of apartments for sale

1 Yarm Lane, Stockton-On-Tees
£375,000

Price History

Initial price £399,950
10/01/25 £375,000
Price Change -6.24%

Description

This is a residential investment opportunity featuring a substantial three-storey corner property in a prominent town centre location. The property is comprised of five self-contained flats, including one 5-bedroom and four 3-bedroom units, and generates a rental income of £42,120 per annum. All flats are currently let to Mears Group, making it an excellent investment opportunity. The property is being sold by auction with a guide price of £375,000 and a reserve price, which remains confidential. The successful buyer will pay a £2,400 fee, and the auction is scheduled to take place on January 30th, 2025.