15, Hartington Road, Flat 5, Stockton-On-Tees, TS181HD

This auction property presents an exciting investment opportunity in Stockton-on-Tees, a sought-after buy-to-let hotspot. Located on the first floor, this studio unit comprises a lounge, kitchen, bedroom area, and shower room. With some refurbishment needed to bring it up to modern standards, there is significant potential for enhanced rental income. Given its prime location near the town center, major employers, and transport links, new owners could realistically expect a rental yield of around £400 per month once renovations are completed. The property includes communal outdoor space and boasts a long leasehold of 999 years from May 2022, making it an attractive option for those looking to invest in the local housing market.