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Outside, front of house
Lounge
Kitchen
Kitchen
Bedroom
Bedroom
Bedroom
Bathroom
Outside, back of house
EPC
1 of 10

Opportunity to buy 2-bed tenanted investment property generating £6,300 pa and a yield of 5.5% in Stockton

£115,000
Semi-Detached House
VES-TS20-111

Features


USE
Residential

TENURE
Freehold

PRICE
£115,000

RENT PER ANNUM
£6,300

GROSS YIELD
5.5%

2 bedrooms

1 bathroom

1 reception room

505

Unfurnished

Tenanted

Tenancy


RENT PER ANNUM
£6,300

TENANCY DEPOSIT
£625

TENANCY TYPE
AST

TENANCY AGREEMENT STARTED
12 months ago

TENANCY AGREEMENT ENDS
11/27/2019

Floorplans

Floorplan

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


About Norton, in Stockton-on-Tees

This property is located in the highly regarded village of Norton, in Stockton-on-Tees. It is situated 5.7 miles north-west form Middlesbrough, 20.5 miles south-east from Durham and 26.8 miles south from Sunderland.

Norton benefits of a regular running bus service with a bus stop within 500 yards of the property connecting to Middlesbrough, town centre and the local schools, with the nearest railway station Stockton just a 20-minute bus journey away. Stockton Station is situated on the Durham Coast Main Line, which operates from Newcastle Central to Middlesbrough. Hourly services run in each direction from this station.

It is within walking distance of a local park and Roseberry Topping National trust at 6 miles distance and has access to a variety of local shops and several major supermarkets, a good choice of pubs and restaurants, the Tees Entertainment Centre offering indoor and outdoor activities and the Magnum Entertainment Centre offering regularly events.

This property could be perfect for a young family seeking school options for their young children. The Glebe Primary School is around 13-minutes away on foot and offers mixed-sex education to the age of eleven.

The existing landlord advises that the property and location is in an area of high rental demand and rents in a matter of days when a tenancy concludes, resulting in minimal void periods.

Heworth Drive,

Stockton-on-Tees,

Stockton-on-Tees,

England,

TS20 1TB


Performance

GROSS RENTAL YIELD
5.5%
RENT PER ANNUM
£6,300
HPI GROWTH (5 YRS)
13.4%

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