9 bed property, in 15 Hartington Road, £1,000

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9 bed flat

15 Hartington Road, Stockton-on-Tees, Stockton-on-Tees, TS18 1HD

£1,000

AuctionFreehold

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The property is a mid-terrace building arranged to provide nine flats over three floors, with all flats sold off on long leases. The investment is secured on a freehold ground rent, with a combined ground rent income of £1,800 per annum. Each flat has a 999-year lease from January 1, 2022, at a ground rent of £200 per annum.