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3 bedroom semi-detached house for sale
Shetland Avenue, TS17
£167,000
Shetland Avenue, TS17
£167,000
Our Summary
- 3 miles away) - Easy access to A66 and A19 - Local parks and green spaces nearby for outdoor enjoyment Property Highlights - Type: Three-bedroom semi-detached home - Status: Tenant in situ (investor-ready) - Rental Income: £800 pcm with potential to increase to £1,000 pcm - Layout: Spacious living area, modern kitchen, 3 bedrooms, family bathroom, and ground floor W/C - Outdoor Space: Garden with decking, private driveway, and garage - Transport Links: Excellent road and public transport access Investment Overview - Current Annual Income: £9,600 - Potential Income: Up to £12,000 annually - Gross Yield: Approx
- 86% with rent adjustment - Tenant: Long-term occupant with an excellent payment history - Vacant Possession: Available if required for owner-occupiers Property Details - Council Tax Band: B (£1,830/year - Stockton Borough Council) - EPC Rating: C (79) - Potential to improve to B (91) Ideal For: - Investors seeking a turnkey rental property with stable returns - Owner-occupiers looking for a comfortable home in a great location (vacant possession possible) Arrange a Viewing For more information or to schedule a viewing, contact our Middlesbrough Office: (Option 1) Speak with our Residential Sales Team today
Description
This fantastic three-bedroom semi-detached home in Thornaby is an excellent opportunity for investors or owner-occupiers. The property boasts a welcoming hallway, spacious reception room, modern kitchen, and three generous bedrooms. The ground floor also features a convenient W/C, while the family bathroom is well-appointed upstairs. Outside, there's a private garden with decking, a driveway for one vehicle, and a garage for additional storage. The property is located in a popular residential neighborhood, just a short walk from local amenities, schools, and transport links. The current tenant is in situ, generating £800 per calendar month in rental income, with potential to increase to £1,000 per month. With a current annual income of £9,600 and a potential income of up to £12,000 annually, this property offers a gross yield of approximately 5.49%, rising to 6.86% with rent adjustment.