£145,000
(£1.00/sq. ft)
Retail premises for saleSkinner Street, Stockton-On-Tees TS18
1 sq. ft
Just added
About this property
Turnkey Mixed-Use Investment | Skinner Street, Stockton | 10.75% Yield
Purchase Price: £145,000
Total Annual Income: £15,600
Secure a rock solid addition to your portfolio with this turnkey semi-commercial property on Skinner Street, Stockton. Offering the perfect blend of commercial stability and residential demand, this asset is a set and forget opportunity for investors looking for immediate, reliable cash flow.
The Income Breakdown
Total Monthly Rent: £1,300 pcm
Annual Return: £15,600
Gross Yield: 10.75%
Ground Floor: Retail Unit
Tenant: Established Fireworks Shop.
Lease: Long-term security with a 5 year lease in place.
Rent: £600 pcm.
Upper Floor: 2-Bedroom Apartment
Rent: £700 pcm.
A spacious, well-maintained residential unit benefiting from the high rental demand in central Stockton.
Why Invest in Skinner Street?
Turnkey Condition: This is a solid investment where you can sit back and collect rent from Day 1.
Town Centre Location: Situated in a prime pocket of Stockton-on-Tees, within walking distance of the High Street, local amenities, and major transport links.
Diversified Risk: Benefit from two distinct income streams (commercial and residential), providing a safety net against market fluctuations.
Purchase Price: £145,000
Total Annual Income: £15,600
Secure a rock solid addition to your portfolio with this turnkey semi-commercial property on Skinner Street, Stockton. Offering the perfect blend of commercial stability and residential demand, this asset is a set and forget opportunity for investors looking for immediate, reliable cash flow.
The Income Breakdown
Total Monthly Rent: £1,300 pcm
Annual Return: £15,600
Gross Yield: 10.75%
Ground Floor: Retail Unit
Tenant: Established Fireworks Shop.
Lease: Long-term security with a 5 year lease in place.
Rent: £600 pcm.
Upper Floor: 2-Bedroom Apartment
Rent: £700 pcm.
A spacious, well-maintained residential unit benefiting from the high rental demand in central Stockton.
Why Invest in Skinner Street?
Turnkey Condition: This is a solid investment where you can sit back and collect rent from Day 1.
Town Centre Location: Situated in a prime pocket of Stockton-on-Tees, within walking distance of the High Street, local amenities, and major transport links.
Diversified Risk: Benefit from two distinct income streams (commercial and residential), providing a safety net against market fluctuations.
Mortgage calculator
Monthly repayment
£725 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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