3 bedroom terraced house for sale

>

3 bedroom terraced house for sale

Outram Street, Stockton-On-Tees, TS18
£80,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 3-bedroom mid-terrace house in Stockton-On-Tees is a fantastic investment opportunity, offering strong potential for rental returns. The property features three bedrooms, a lounge, dining room, kitchen, and four-piece bathroom, as well as on-street parking and private front and rear gardens. Currently, the property generates an annual gross income of £7,800, with tenants already in residence who have a year-long tenancy agreement and plan to continue paying rent on time. With a potential rental income that could increase in future years, this property is a worthwhile addition to an investor's portfolio, offering a smooth transaction process facilitated by Let Property.