Immediate rental income with tenant in situ and refurbishment potential.
Three bedroom Victorian mid-terrace with bay windows
A straightforward buy-to-let opportunity in Stockton-on-Tees: a three-bedroom mid-terrace Victorian townhouse offered freehold. The property is currently tenanted, producing a gross annual income of £7,800, and will suit investors seeking an immediate rental return and simple portfolio addition. The accommodation includes two reception rooms, a kitchen, and a four-piece bathroom across an average overall footprint.
The house presents period features such as bay windows and high ceilings but shows external wear and possible damp signs to the façade that will require inspection and likely repair. The plot is small with a modest front forecourt and a modest rear garden; parking is on-street only. The area is very deprived and records high crime levels — factors that affect long-term tenant demand, management requirements and resale value.
Tenants are in situ and wish to remain; this provides continuity of income but limits vacant-possession options for refurbishment. A Buyer’s Premium is stated as part of the sale process; purchasers should factor this fee into acquisition costs. A full survey and interior inspection are recommended to confirm condition, repair costs and to verify yield calculations.
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