Waterloo House, Thornaby Place, Thornaby, Stockton-on-tees

Reserve price substantially reduced

The Flat Market Has Collapsed… And That Could Be the Opportunity of a Generation

For the last 3 years, investors avoided flats because the numbers simply didn’t work. A £100,000 apartment carrying annual service charges of £4,000 often produced disappointing returns, leaving many questioning whether the investment stacked up at all.

Today, however, the market has changed dramatically.

Many flats that once sold for £100,000 are now available at discounts of 50% or more. While most investors see negative headlines and falling values, they are overlooking the one thing that matters most: the maths.

Consider a flat that previously sold for £100,000 but can now be acquired for around £50,000. Even after allowing for service charges and ground rent, many of these properties are producing net yields in the region of 15–20% per annum.

In a property market where high single-digit yields are often considered attractive, these returns are virtually unheard of.

At those levels, an investment can effectively pay for itself in around six years through rental income alone. Then consider the potential upside: if market sentiment towards flats improves over time and values simply return to previous levels, a £50,000 purchase could once again be worth £100,000.

Few opportunities offer both strong income and significant capital growth potential.

As Warren Buffett famously said:

“Be fearful when others are greedy, and greedy when others are fearful.”

The crowd is looking the other way. The question is: will you?

Exceptional Buy-to-Let BRR Investment Opportunity

60% below original market value
Mortgages available and extended completion - upon request

A rare chance to acquire a modern apartment at a substantial discount of circa 50-60% on market value. Offering an attractive rental return in excess of 15% after service charge is paid, this property presents an excellent opportunity for investors seeking strong income and long-term growth potential.

Unlike many traditional investment properties, major external maintenance responsibilities such as roof repairs and building upkeep are managed and paid for through the service charge, reducing unexpected ownership costs and management headaches you’d typically get on a buy to let house

At 42 sqm, build costs alone are circa £95,000
This modern apartment benefits from contemporary construction standards, low maintenance requirements, and strong tenant appeal. Now available at approximately 60% below comparable market values, this represents a compelling entry point into the buy-to-let sector.

With institutional investors increasingly targeting the build-to-rent sector, private investors now have the opportunity to acquire a similar income-producing asset without committing to the significant capital outlay typically associated with large-scale residential investment

Situated within the popular Waterloo House development, this well-presented apartment offers modern living in a convenient location close to Thornaby town centre, local amenities, and excellent transport links including Thornaby Railway Station.

The property provides bright and spacious accommodation, making it an ideal purchase for first-time buyers, professionals, or investors.

Residents benefit from secure communal access and a central location with easy access to Stockton-on-Tees, Middlesbrough, and the wider Tees Valley area.

Service charge £2,258.20
Ground rent £226
Rental amount £7,140
Gross profit £4,655.80
Yield 25% + and 15% + after service charge costs

N.B service charge, ground rent , and rental income is all paid upto date

For sale by Auction 22nd June 2026 1200-1300
- easy 2 minute registration
Extended completion and financing available upon request