Summary - 25 MELLOR STREET STOCKTON-ON-TEES TS19 0BT
2 bed 1 bath Terraced
Two-bedroom terrace for buyers ready to renovate and manage rental income.
Currently tenanted at £3,600 per annum (income maintained at sale)
Guide price £25,000 — high gross yield potential (~14.4% gross)
Requires full updating and renovation throughout
EPC rating D; double glazing present, install date unknown
Very deprived area with high local crime — tenancy risk higher
Sold at online livestream auction; 10% deposit on exchange
Small rear yard, on-street parking only; no off-street parking
Freehold; check legal pack for restrictions, safety, easements
A rare low-entry investment: this two-bedroom mid-terrace in Stockton-on-Tees is offered for auction with a tenant in place producing £3,600 pa. At the guide price of £25,000 the property represents a high gross yield opportunity for a buyer prepared to carry out updating and management.
The house is an Edwardian mid-terrace with period bay windows, mains gas central heating and partial double glazing. Accommodation comprises lounge, dining room, kitchen, rear lobby, ground-floor shower room, two first-floor bedrooms and a separate WC. The plot is small with an enclosed rear yard and on-street parking to the front.
This property requires renovation and modernisation throughout; mechanical and electrical services, finishes and kitchen/bathroom upgrades should be expected. EPC D and solid brick construction with external insulation are noted; latest FENSA work is recorded in the legal pack (06/04/2025). Buyers should check building safety, restrictions, rights and easements in the legal pack.
Sale is by online livestream auction (10% deposit on exchange, completion typically 28 days). Additional sale costs apply: administration fee and buyer’s premium (see legal pack). The location is in an area of high crime and marked deprivation, which affects long-term capital growth and tenancy risk — factor this into refurbishment and management plans.
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