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Tithe Barn Road, Stockton-on-tees, TS19 8TB

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Fantastic investment opportunity
  • Generate a high yield from completion
  • Tenants in situ
  • Four bedrooms
  • Two reception rooms
  • Fully-fitted kitchen
  • Front and back gardens
  • Convenient location
  • Close to amenities, schools and transport links
  • Don't miss out and enquire today

Description

yieldit present an ideal investment property located in the established residential location of Hardwick, Stockton-on-Tees. Being sold with tenants in situ this will make an excellent addition to an investors portfolio and can generate you an impressive return above 6.5% NET right from completion.

The freehold terraced property consists of entrance hallway; two reception rooms; fully-fitted kitchen; utility room; four good-sized bedrooms; family bathroom with three-piece suite; front garden and patio doors lead to a spacious enclosed rear garden with brick outbuilding. On street parking is available with bays to the front of the property and in the surrounding areas.

Tithe Barn Road is well positioned in a popular location within easy reach of all local amenities, shopping facilities, good schools and convenient transport links. North Tees Hospital is just 0.8 miles from the property, so makes an ideal investment as properties in this location will always be in demand with over 6000 employees based there.

Stockton-on-Tees is a standout location in the North East property market and makes a smart choice for investment, known for its good schooling, high quality of life, and growing job market it is also where 5,500 businesses are based which creates a continuous demand for good quality rental accommodation such as this. It’s emerging as a growing business hub and appealing to professionals in various sectors, whilst being an excellent commuter base for those working in the cities of Durham and Newcastle.

Don’t miss out on this incredible opportunity and enquire today for further information.

Please note lettings management fees and charges may apply.

Financial Breakdown

Gross Rent: £7,200.00
Net income: £7,200.00
Gross yield: 7.58%
Net yield: 7.58%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07689
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Tithe Barn Road, Stockton-on-tees, TS19 8TB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stockton Station1.9 miles
  • Thornaby Station2.9 miles
  • Billingham Station3.6 miles
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-07689. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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