Summary -
9, Lilac Road,STOCKTON-ON-TEES,TS19 0JQ
TS19 0JQ
2 bed 1 bath End of Terrace
Income-producing two-bed with parking and long-term tenant in place.
2 bedrooms and one bathroom, average internal footprint
This two-bedroom end-of-terrace in TS19 is offered as a buy-to-let with a long-term tenant in place. It is freehold, has private driveway parking, and modest front and rear gardens — straightforward features that suit a rental portfolio.
The property currently produces gross rent of £6,300 per year against a purchase price of £95,000, giving an approximate gross yield of about 6.6%. The sitting tenant has a long-standing occupancy and has indicated an intention to remain, making it immediately income-producing for an investor who accepts an existing tenancy.
Location factors cut both ways: the house is in a very deprived area with higher local crime rates, which can affect tenant demand and long-term capital growth. The exterior appears tidy with modern double-glazed windows and low-maintenance finishes, but internal condition and energy performance (EPC) are not provided and should be checked.
Buyers should review the detailed Let Property Pack, tenancy documents, and service/maintenance history before purchase. Note a buyers premium is stated as part of the sale process. This is a pragmatic, income-focused opportunity suited to investors or developers comfortable working in challenging local markets and managing tenancy risks.
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