3 Bed Terraced House For Sale Brookfield Road, Stockton-on-Tees, TS19

£115,000- Terraced

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Last Updated: 13th March 2024

Description

This charming mid-terrace property located in the sought-after area of Fairfield, Stockton on Tees, presents an excellent investment opportunity for savvy investors. Currently, the property is tenanted, making it a ready-made investment with a consistent rental income.

The current tenants have resided in the property since March 2021 and are on a periodic tenancy. The property generates an annual rental income of £8,100, offering a steady cash flow to the new owner. There is also potential to increase the rent, maximizing your investment return.

This property has 90sqm of spacious living space, providing ample room for comfortable living. It features a well-appointed kitchen/diner, perfect for family meals and entertaining. Stay warm and cozy with gas central heating, ensuring comfort during the colder months. Enjoy the benefits of double-glazed windows, enhancing energy efficiency and sound insulation. The property offers two double bedrooms and one single bedroom, catering to various living arrangements.

Council Tax: Band A

With a reliable tenant already in place, this property represents a fantastic opportunity for investors looking to add a secure, income-generating asset to their portfolio. Whether you are a seasoned investor or just starting in the real estate market, this property offers the convenience of a turnkey investment with potential for increased returns.

Don't miss out on this chance to secure a valuable investment property in Fairfield, Stockton on Tees.

Contact us today to arrange a viewing or receive more information. This property won't stay on the market for long, so act quickly to make it yours.
Agent Details
Horizon Sales & Lettings
57 Gilkes Street, Middlesbrough, TS1 5EL

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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