No longer on the market
This property is no longer on the market
Similar properties
Discover similar properties nearby in a single step.
Map2 bedroom terraced house
Terraced house
2 beds
1 bath
710 sq ft / 66 sq m
EPC rating: C
Key information
Features and description
*RENTAL INVESTOR OPPORTUNITY*
A well presented two bedroom mid terraced house which internally comprises of entrance vestibule, lounge into dining area, conservatory, kitchen, bathroom/WC, landing and two double bedrooms. The property benefits from gas central heating and uPVC double glazing and has a smart and modern kitchen and bathroom. There is also an enclosed yard to the rear. The property comes with tenants in situ and they are on a long lease with a return the rent for this property is currently achieving between 7% and 8% NET yield. The property is let on the current government backed Long term contract for social housing use with a major Blue chip PLC, There are no other costs for the owner. There is no Council Tax, Utility Bills are all covered within the contract. No voidsno maintenance unless structuralno management. This saves the investor time and money. The lease is 7 years plus option for further 3 years.
A well presented two bedroom mid terraced house which internally comprises of entrance vestibule, lounge into dining area, conservatory, kitchen, bathroom/WC, landing and two double bedrooms. The property benefits from gas central heating and uPVC double glazing and has a smart and modern kitchen and bathroom. There is also an enclosed yard to the rear. The property comes with tenants in situ and they are on a long lease with a return the rent for this property is currently achieving between 7% and 8% NET yield. The property is let on the current government backed Long term contract for social housing use with a major Blue chip PLC, There are no other costs for the owner. There is no Council Tax, Utility Bills are all covered within the contract. No voidsno maintenance unless structuralno management. This saves the investor time and money. The lease is 7 years plus option for further 3 years.
Property information from this agent
About this agent
Smith & Friends Estate Agents - Stockton-On-Tees
21 Bishop Street
Stockton-On-Tees
TS18 1SY
01642 966690Smith & Friends Estate Agents are a highly reputable firm of independent residential estate agents which has established its position as one of the leading estate agents in the Tees Valley with 5 offices based in Stockton, Middlesbrough, Ingleby Barwick, Darlington & Hartlepool. We provide a wealth of knowledge in all property matters covering sales, lettings, property management, auctions, mortgages, EPCs, conveyancing, surveys, and we pride ourselves in going that extra mile, with hundreds of years’ experience in the property industry. You are in safe hands with our professional and qualified team. Managing Director, Mark A. Smith, has over 30 years experience in Estate Agency and has been with our company since 2003. This knowledge has been invested into branches throughout the Tees Valley, and have over the last 21 years developed an experienced sales and lettings team which has a proven track record in selling and lettings properties throughout the area with customer service at the forefront will continue along with investment in technology and continual staff development. In those 21 years my greatest achievement is the team I have around me. We have years and years of knowledge and experience in our branches, with friendly and welcoming faces that will do everything they can to give all of our clients the best possible experience, whether it’s with an investment property or that dream home – my team are experts at what they do.