Immediate rental income with central heating and nearby transport links.
Four double bedrooms across three storeys, 1,045 sq ft overall
A solid brick mid-terrace Victorian property arranged over multiple floors, this four-double-bedroom house offers immediate rental income as a tenanted freehold. High ceilings, bay windows and period proportions give strong appeal for tenants and add scope for aesthetic upgrades to boost value.
Positioned within reach of Stockton town centre, local schools and major roads (A66/A19), the house benefits from double glazing, mains gas central heating and a small rear courtyard. The 1,045 sq ft layout is straightforward for lettings or a refurbishment to increase yield.
Buyers should note material considerations: the property is in a very deprived area with high local crime and will be sold at auction (fees apply). It is tenant-occupied, so possession and viewings may be limited; the plot is small and some modernization is likely required to maximise capital growth.
This is best suited to investors seeking a hands-off income stream or a refurbishment project to re-let at higher rents. The low council tax band and proximity to good local schools support long-term tenant demand, but factor in area risk and auction purchase costs when calculating returns.