This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold (144 years remaining)
- 2 bedroom first floor flat
- Total floor area of 52 square metres
- Modern throughout
- Ready to move straight into
- Fabulous investment opportunity
- 9.1% yield at Guide Price
- £495 rent achievable
- 144 years left on the lease
Situated in the heart of Billingham, this inviting 2-bedroom first-floor flat not only offers a comfortable living space but also proves to be an excellent investment opportunity.
The property's strategic location provides easy access to local amenities, schools, and transportation links, enhancing its appeal for potential tenants. With a return of 11% and a monthly income of £550, this flat presents an attractive investment prospect for those seeking financial growth through the property market.
The well-designed layout, coupled with the convenience of a first-floor position, makes it an ideal choice for investors looking to secure a property that balances both comfort and a strong return on investment.
Whether you're a homeowner or an astute investor, this 2-bedroom flat in Billingham offers a compelling blend of residential charm and promising financial returns.
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Rooms
Kitchen / Living area 7.22m x 3.32m
Bedroom 1 3.82m x 3.09m
Bedroom 2 3.05m x 2.57m
Bathroom 1.95m x 1.67m
Property information from this agent
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Property reference TAV230267. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Ashbrookes - Acklam.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 22, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on December 22, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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