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£118,000

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12 Bedford Street, Stockton-on-Tees, TS19 0DA

Residential

house

terraced house

Occupied

5

bed

2

bath

1

reception

Tax band: A

Freehold

Tenanted HMO Property

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Deadline for offers

3 days left

Description

  • PRIME NEW LISTING. We are excited to present this tenanted 5-Bed HMO House located in a prime location in Stockton-on-Tees.

  • Sales Evidence:**17 Grays Road, Stockton-on-Tees, TS18 4LN sold for £180,000. 36 Grange Avenue, Stockton-on-Tees TS18 4LT sold for £200,000.**

  • With four out of five bedrooms currently tenanted, this property generates an impressive income of £1,840 pcm (£22,080 per annum), delivering a significant yield of 16.3% compared to the guide price. Full tenancy would increase the income to £2,260 pcm (£27,120 per annum), achieving an exceptional yield of 20.1%.

  • Recently refurbished, this property boasts a brand new kitchen and bathrooms, representing an excellent investment opportunity for those seeking substantial yields or long-term capital growth.

  • Situated close to local amenities, the property offers a convenient location ideal for easy access to essentials and comfortable living.

PRIME NEW LISTING. We are excited to present this tenanted 5-Bed HMO House located within prime location in Stockton-on-Tees.

The property comprises five spacious bedrooms, a well-equipped communal kitchen, a communal bathroom, and WC, with one bedroom featuring an ensuite.

With four out of five bedrooms currently tenanted, this property generates an impressive income of £1,840 pcm (£22,080 per annum), delivering a significant yield of 16.3% compared to the guide price. Full tenancy would increase the income to £2,260 pcm (£27,120 per annum), achieving an exceptional yield of 20.1%.

Recently refurbished, this property boasts a brand new kitchen and bathrooms, representing an excellent investment opportunity for those seeking substantial yields or long-term capital growth.

Situated close to local amenities, the property offers a convenient location ideal for easy access to essentials and comfortable living.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**17 Grays Road, Stockton-on-Tees, TS18 4LN sold for £180,000. 36 Grange Avenue, Stockton-on-Tees TS18 4LT sold for £200,000.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Stockton-on-Tees offers a vibrant community with a blend of historical charm and modern conveniences. Enjoy the benefits of nearby shopping centres, parks, and excellent transport links, making it an ideal place for both investment and living.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£17,800

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.