Bedford Street, Stockton-on-Tees, County Durham
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
3
- SIZE
1,012 sq ft
94 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 5 Bed 3 Bath HMO
- Brand New - Full Back To Brick Refurb
- Wanted Location By Councils & Charities
- Hands Off Investment Opportunity
- Gross Income - £22,200 PA
- Gross Yield - 22.2%
- Expected Net Yield - 15%+
- Buyers Fee - £2,500 Inc VAT
Description
SFT Property are delighted to bring this 5 bed 3 bath HMO in Stockton-On-Tees offering a excellent gross yield of 22.2%.
The property is currently in its final stages of a full back to brick refurb and offering a great quality of build. All warranties, guarantees and building control sign off in place. It is now in the process of being decorated throughout with flooring and due to be completed within a few weeks.
A fantastic hands off investment, with multiple options of income -
Option 1 - Local council offering £22,200 PA with individual tenancies but rent paid directly between council and landlord. Landlord will be liable to cover bills. Managing agent charges 10%.
Option 2 - Local Charity offering £9,600 PA on a 5 year lease with all maintenance and bills paid by the tenant. Perfect for a fully hands off investment with a net yield of 9.60%.
Located close to Stockton town centre, the property is within easy reach of shops, transport links, and local amenities and is perfect for investors looking for secure, long-term returns.
- 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.
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- 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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Bedford Street, Stockton-on-Tees, County Durham
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Visit our security centre to find out moreDisclaimer - Property reference SQN-49106125. 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 SFT Property Services, Covering Nationwide. 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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