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Meynell House Old Station Mews, Yarm

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Investment opportunity
  • Generate income right from completion
  • Desirable development and location
  • One of the best units within the development
  • Well maintained by current owner and tenant
  • Spacious living area with Juliette balcony
  • Two good sized double bedrooms
  • Gas central heating
  • Allocated parking
  • Don't miss out and enquire today

Description

yieldit are delighted to introduce this investment gem to the market. Perfectly situated on a peaceful secluded gated development in small well-maintained development, this will make the ideal addition to a growing portfolio. Benefiting from a lease in excess of 900 years, double glazing, gas central heating, secure intercom entry and allocated parking, this property ticks all of the boxes for an excellent investment.

Internally, the accommodation has been beautifully maintained with neutral décor throughout briefly consisting of; entrance hallway; spacious storage cupboard; lovely lounge with window and Juliette balcony with one of the best aspects of any unit within the development; two good-sized double bedrooms; fully fitted kitchen; modern bathroom suite with shower over bath.

Old Station Mews is located in the highly regarded and sought after residential location of Eaglescliffe, within walking distance of Yarm’s bustling and award-winning High Street which is filled with a range of fantastic independent shops, restaurants, cafes, and bars.

Eaglescliffe is a village in the Borough of Stockton-on-Tees, County Durham, England. Stockton-on-Tees is a smart choice for property investment, known for it’s quality schools and high quality of life, it is also where 5,500 businesses are based which creates a continuous demand for good quality rental accommodation such as this. Don’t miss out on this incredible opportunity and enquire today for further information.

Financial Breakdown

Gross Rent: £8,340.00
Net income: £6,392.00
Gross yield: 6.95%
Net yield: 5.33%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07614

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Meynell House Old Station Mews, Yarm

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Allens West Station0.8 miles
  • Eaglescliffe Station1.1 miles
  • Yarm Station1.4 miles
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-07614. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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