Ready-income property close to Teesport and Freeport, ideal for buy-to-let investors.
Immediate rental income £675 pcm, gross yield approx. 9%
A spacious three-bedroom semi-detached house on a generous corner plot, currently producing immediate rental income of £675 pcm (approximate gross yield 9%). The property is presented in a modern style internally with a fitted kitchen, gas central heating and UPVC double glazing throughout, making it comfortable and largely move-in ready for an investor or buyer seeking rental returns.
Externally the plot offers well-sized front and rear gardens and off-street parking. The home sits facing a green and is within walking distance of several primary schools, with good road links to the A174/A66 and under 20 minutes to Teesport and the Teesside Freeport — useful for commuter or industrial-area tenants.
Important practical points: there is one family bathroom and modest room sizes typical of mid-20th century build. The front yard requires maintenance and the area records high crime levels and significant deprivation, which will affect resale prospects and lettings. The property is sold freehold with fast broadband and excellent mobile signal.
Overall this is a straightforward rental / project opportunity: solid immediate income and decent plot potential, but in a challenged neighbourhood where buyers should weigh local social factors and potential management needs.
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