TS23 3LE - 3 bed ready rental mid terrace in Stockton North, TS23 3LE

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3 bedroom terraced house for sale in Edgehill Way, Billingham, TS23

Summary - 3, EDGEHILL WAY TS23 3LE

3 bed 1 bath Terraced

Immediate income property with straightforward refurbishment potential for landlords.
Tenant in situ achieving £7,500 per annum
Freehold mid-terrace with traditional three-bedroom layout
Gas central heating and UPVC double glazing present
Small, low-maintenance front and rear gardens
Area classified as very deprived; impacts capital growth prospects
Cavity walls likely uninsulated — energy improvements needed
Small plot and average room sizes — compact family/rental home
Council Tax Band A — lower ongoing holding costs
This mid-terraced three-bedroom property on Edgehill Way is offered as a ready-made rental investment with tenants in situ, producing £7,500 per annum. The layout is traditional: lounge, kitchen/diner, utility room and a first-floor bathroom serving three bedrooms. Gas central heating and UPVC double glazing are in place, helping to minimise immediate landlord expenditure.

The house is presented in generally good decorative order internally with a modern kitchen and a spacious lounge that will appeal to tenants seeking practical, comfortable accommodation. The small front and rear gardens are low-maintenance, reducing ongoing upkeep costs and making the property straightforward to manage as a rental asset.

Material considerations are clear: the property sits in a very deprived area and is located in a neighbourhood classified as “challenged white communities,” which can affect long-term capital growth and tenant profiles. Construction-era cavity walls are assumed to lack insulation, so energy-efficiency improvements may be advisable to reduce running costs and improve appeal.

This is a compact, low-effort investment for a landlord who wants immediate rental income with scope to add value through modest refurbishment and energy upgrades. The sale is freehold and council tax falls in Band A, keeping holding costs low; however, buyers should factor local market conditions and management needs when assessing total return.

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