Thornaby Road, Thornaby TS17 2 bed terraced house for sale

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Thornaby Road, Thornaby TS17 2 bed terraced house for sale

Thornaby Road, TS17
£115,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom mid-terrace house in Thornaby is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two bedrooms, a lounge, kitchen, and bathroom, with a current annual gross income of £7,080. With a tenant already in place, the new owner has the potential to increase the rental income to £7,644 by setting a market rate. The property's investment potential is further highlighted by the fact that the current tenants have consistently paid their rent and have no plans to move out, making for a smooth and stable rental income stream. With its proximity to amenities and potential for strong returns, this property is an excellent addition to any investor's portfolio.
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