Strong rental yield in a compact, central Stockton location.
Freehold Victorian mid-terrace with period bay window
An affordable two-bedroom Victorian mid-terrace in central Stockton-on-Tees offered with no onward chain — a straightforward buy-to-let or refurbishment project. The property is freehold, double-glazed, gas-heated with a modern fitted kitchen and a four-piece bathroom, ready to let to tenants seeking central location and local amenities.
Projected rental income of approximately £550 pcm (£7,150 pa) delivers a strong gross yield around 16% at the guide price of £45,000, making this attractive to investors seeking immediate income. The house is average-sized (c. 791 sq ft) with two double bedrooms, open-plan lounge/diner and period character such as a bay window.
Note this is a pre-1900 solid-brick property with external insulation; older construction can mean ongoing maintenance and potential hidden repair costs. The lot is small and the layout is compact. The sale will be via online auction (fees apply) and the property is sold as seen — buyers should budget for standard Victorian-era upkeep and any desired modernisation.
Location advantages include fast broadband, good access to local schools (two outstanding-rated secondaries nearby), shops, leisure facilities and regular bus links. Flood risk is low and council tax is very cheap, supporting low running costs for landlords.
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