Westbury Street, Thornaby, Stockton-on-tees
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Freehold block comprising two self-contained flats
- £15,600 annual rental income in place
- Strong 9.75% gross yield at guide price
- Two separate tenancies reduce void risk
- Newly refurbished and furnished accommodation
- Established Teesside location with strong rental demand
Description
Pure Investor is pleased to offer this attractive freehold investment opportunity in Thornaby, Stockton-on-Tees.
The property comprises two self-contained two-bedroom flats within a traditional mid-terrace building, both currently let and generating a combined rental income of £1,300 PCM (£15,600 per annum). At the guide price of £160,000, the property delivers an impressive gross yield of 9.75%.
Both flats have been described as newly refurbished and furnished, featuring modern kitchens, contemporary shower rooms and practical flooring throughout. The dual-income configuration offers investors the benefit of diversified rental income from two separate tenancies.
Situated in an established residential location with access to Stockton-on-Tees, Middlesbrough, Teesside Park and major transport links including the A66, A19 and Thornaby railway station, this property offers a strong income-producing investment within the growing Tees Valley region.
An ideal addition to any buy-to-let portfolio.
Guide Price: £160,000
Tenure: Freehold
Current Rent: £1,300 PCM (£15,600 per annum)
Gross Yield: 9.75%
- 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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Energy performance certificate - ask agent
Westbury Street, Thornaby, Stockton-on-tees
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Visit our security centre to find out moreDisclaimer - Property reference westbury-street. 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 Pure, Manchester. 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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