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Type

terraced house

Beds

5

Baths

2

Tax Band

A

Occupancy

Occupied

Tenure

Freehold

Tenanted HMO Property

  • 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.

More Details

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