Clifton House, Thornaby Place, Stockton-on-tees, TS17

This well-positioned ground floor apartment is located in the popular Riverside area of Stockton-on-Tees, offering convenient access to local amenities, transport links, and the town centre. It is ideally suited to first-time buyers, buy-to-let investors, or downsizers seeking a practical and low-maintenance property. The accommodation comprises an entrance hallway with secure audio entry system, an open-plan kitchen and living area with integrated oven and hob, a double bedroom, and an adjoining bathroom. The property is heated via electric night storage heaters and holds an EPC rating of C. The apartment is currently tenanted, producing an annual rental income of �6,300, equating to a gross yield of approximately 10.5%. It is offered on a leasehold basis, with a 125-year lease from 2015. The annual service charge is approximately �1,907 and the ground rent is �200. Council tax is payable to Stockton-on-Tees Borough Council and the property falls within Band A. Positioned close to the riverside, this apartment benefits from proximity to shops, public transport, and Stockton town centre, making it appealing to both residents and tenants. The property is available to view by appointment. Please contact the selling agent for further information.