£1,125,000

30 bed terraced house for sale

  1.  Norton Road
  2.  Kitchen
  3.  Bedroom
Freehold

£1,125,000

30 bed terraced house for sale

Norton Road, Stockton-On-Tees TS20

30 beds
39 baths
5 receptions

Key Information

Tenure:
Freehold
Council tax band:
A

Local area information

Property location

Nearby amenities

  • North Shore Academy 0.4 miles
  • Norton Primary Academy 0.5 miles
  • Stockton 0.8 miles
  • Thornaby 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Are you looking for A recently refurbished HMO? Look no further than this commercial development in stockton-on-tees…

This commercial building comprises of 30 rooms, 39 WCs/ Bathrooms, 3 communal areas and 3 kitchens. Norton Road is located in the popular area of Stockton-On-Tees, which is known for its high return in investments.

This property is within close proximity to the University of Durham with a 5-minute commute. It also benefits from multiple bus routes for students, and transport links for professionals making this a prime location to rent. With a HMO approved licence acquired and planning permission in place to turn it into a residential home, this property is not one to be missed.

All rooms are currently being let for £375PCM. Your net annual take home (after bills and management have been deducted) would be £95,580 pa / £7,965 pcm. This gives you a return of 8.5% at asking price.

*Please note if you are purchasing with a mortgage, you will have a further mortgage payment to deduct from the above figures. At Ashbrookes we include a cap into the bills of £20 per week per room which has been calculated in the net figures, this clause is included in the tenants’ contracts and recharged back to them if they go over their monthly spend cap.*

Please call to secure a viewing slot today or if you seek further information.

Disclaimer:
Information provided in any property details/descriptions are for general guidance purposes only, and it is recommended that all interested parties seek professional advice and conduct thorough investigations to verify the accuracy of the details provided.

Accommodation & Amenities:
- Commercial
- Planning permission in place to turn it into a residential
- 30 bedrooms
- £11,250pcm achievable in rent
- net return of 8.5% at asking price
- 5 minute commute to Durham University
- Transport links
- HMO licence in place

measurements:
Bedroom 1 15'4" x 12'5" (4.67m x 3.78m)
Bedroom 2 13'5" x 8'2" (4.1m x 2.5m)
Bedroom 3 12'2" x 10'10" (3.7m x 3.3m)
Bedroom 4 13'5" x 7'10" (4.1m x 2.4m)
Bedroom 5 13' x 8'2" (3.96m x 2.5m)
Bedroom 6 13' x 10'1" (3.96m x 3.07m)
Bedroom 7 12'2" x 10'10" (3.7m x 3.3m)
Bedroom 8 12'10" x 10'2" (3.9m x 3.1m)
Bedroom 9 12'1" x 10'5" (3.68m x 3.18m)
Bedroom 10 10'6" x 9'9" (3.2m x 2.97m)
Bedroom 11 10'11" x 10'3" (3.33m x 3.12m)
Bedroom 12 13'4" x 11'11" (4.06m x 3.63m)
Bedroom 13 15'11" x 10'6" (4.85m x 3.2m)
Bedroom 14 13'3" x 8'3" (4.04m x 2.51m)
Bedroom 15 12'11" x 9'6" (3.94m x 2.9m)
Bedroom 16 13'7" x 10'6" (4.14m x 3.2m)
Bedroom 17 14'8" x 12'7" (4.47m x 3.84m)
Bedroom 18 14'1" x 8'6" (4.3m x 2.6m)
Bedroom 19 12'2" x 11'2" (3.7m x 3.4m)
Bedroom 20 14'6" x 9'9" (4.42m x 2.97m)
Bedroom 21 12'11" x 8'10" (3.94m x 2.7m)
Bedroom 22 10'10" x 9'10" (3.3m x 3m)
Bedroom 23 13'9" x 11'3" (4.2m x 3.43m)
Bedroom 24 10'11" x 10'4" (3.33m x 3.15m)
Bedroom 25 12'10" x 11'7" (3.9m x 3.53m)
Bedroom 26 14'6" x 9'9" (4.42m x 2.97m)
Bedroom 27 16'4" x 14'4" (4.98m x 4.37m)
Bedroom 28 15'9" x 14'6" (4.8m x 4.42m)
Bedroom 29 15'11" x 14'5" (4.85m x 4.4m)
Bedroom 30 12'3" x 8'9" (3.73m x 2.67m)
Kitchen 25'8" x 12'10" (7.82m x 3.9m)
Kitchen 14'2" x 6'7" (4.32m x 2m)
Reception Room 16'11" x 13'7" x (5.16m x 4.14m x)
Reception Room 16'11" x 13'7" (5.16m x 4.14m)
Communal 19'8" x 13'7" (6m x 4.14m)
Communal 19' x 12'5" (5.8m x 3.78m)
Communal 14'7" x 13' (4.45m x 3.96m)
Kitchen 12'2" x 14'1" (3.7m x 4.3m)<br /><br />

Bedroom 1 (4.68m x 3.79m)

Bedroom 2 (4.1m x 2.5m)

Bedroom 3 (3.7m x 3.3m)

Bedroom 4 (4.1m x 2.4m)

Bedroom 5 (3.96m x 2.5m)

Bedroom 6 (3.96m x 3.07m)

Bedroom 7 (3.7m x 3.3m)

Bedroom 8 (3.9m x 3.1m)

Bedroom 9 (3.69m x 3.18m)

Bedroom 10 (3.2m x 2.96m)

Bedroom 11 (3.33m x 3.12m)

Bedroom 12 (4.07m x 3.64m)

Bedroom 13 (4.85m x 3.2m)

Bedroom 14 (4.03m x 2.52m)

Bedroom 15 (3.94m x 2.9m)

Bedroom 16 (4.13m x 3.2m)

Bedroom 17 (4.47m x 3.84m)

Bedroom 18 (4.3m x 2.6m)

Bedroom 19 (3.7m x 3.4m)

Bedroom 20 (4.41m x 2.96m)

Bedroom 21 (3.94m x 2.68m)

Bedroom 22 (3.3m x 3m)

Bedroom 23 (4.2m x 3.42m)

Bedroom 24 (3.33m x 3.14m)

Bedroom 25 (3.9m x 3.52m)

Bedroom 26 (4.41m x 2.97m)

Bedroom 27 (4.98m x 4.36m)

Bedroom 28 (4.8m x 4.41m)

Bedroom 29 (4.84m x 4.39m)

Bedroom 30 (3.74m x 2.66m)

Kitchen (7.82m x 3.9m)

Kitchen (4.33m x 2m)

Reception Room (5.15m x 4.14m)

Reception Room (5.15m x 4.14m)

Communal (6m x 4.14m)

Communal (5.78m x 3.78m)

Communal (4.45m x 3.96m)

Kitchen (3.7m x 4.3m)

Disclaimer

Disclaimer: All information provided by Ashbrookes is deemed reliable and is taken in good faith from the vendor. However, it is not guaranteed and should be independently verified. Prospective buyers are strongly advised to carry out their own due diligence through their solicitors to confirm the accuracy of the information provided and to obtain an independent survey. Intending purchasers will be required to produce identification documentation at a later stage, and we kindly ask for your cooperation to ensure there is no delay in agreeing to the sale. Please note that we have not tested the services or any of the equipment or appliances in this property. Therefore, we strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase.

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Ashbrookes Ltd - Sunderland

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Property descriptions and related information displayed on this page are marketing materials provided by - Ashbrookes Ltd - Sunderland. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ashbrookes Ltd - Sunderland for full details and further information.

  1. Zoopla
  2. For sale
  3. County Durham
  4. Teeside
  5. Stockton-on-Tees
  6. Norton
  7. Norton Road

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