Summary - 12 KIMBLESWORTH WALK STOCKTON-ON-TEES TS19 8DB
3 bed 3 bath Terraced
Income-producing three-bed terrace with immediate rental return and scope for value uplift.
Long-term tenant in situ producing £6,900 annual gross income
A straightforward mid-terrace three-bedroom property in TS19 offered with a long-term tenant in situ — built for buy-to-let returns rather than owner-occupation. The house is freehold, has private front and rear garden space, and produces an annual gross income of £6,900 at present. On-street parking and good broadband/mobile signal add practical appeal for renters.
This listing suits investors and small portfolio buyers: the current tenancy is stable and tenants intend to remain, so the purchase is income-producing from day one. The terrace footprint and room count (approximately 840 sq ft, about 10 rooms) make it a typical compact urban rental likely to attract demand from constrained young families and working tenants in the area.
Be clear about the material negatives: the immediate area is classed as very deprived and local crime is above average, which will affect tenant mix, demand and long-term capital growth. The plot is small, and the property appears externally serviceable but internal condition and detailed room sizes are not documented in the sales materials provided — an internal inspection and full survey are recommended.
For investors considering hands-on improvement, there is potential to increase rental income after refurbishment or reconfiguration, but any refurbishment costs should be factored into yield calculations. A Buyer’s Premium applies on completion, which will affect overall purchase costs and should be confirmed before bidding.
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