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    57 Gilkes Street, Middlesbrough TS1 5EL
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    Sold STC

    Havelock Street, Thornaby, Stockton-On-Tees, North Yorkshire, TS17 6HN

    £60,000Freehold

    211
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    Property Calculators

    Property Value (£)
    Deposit (£) 10.00%
    Duration (Years)
    Interest Rate (%)

    Mortgage

    Estimated Monthly Mortgage Payment:
    £285 /mo.
    25 Years, 4% Interest
    Loan
    £54,000
    Total Repay
    £85,510

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £0
    0% up to £60,000
    Your effective stamp duty rate is 0%

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    57 Gilkes Street
    Middlesbrough
    TS1 5EL

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    Sold STC

    £60,000

    Terraced house

    Havelock Street, Thornaby, Stockton-On-Tees, North Yorkshire, TS17 6HN

    2 Bedrooms1 Bathroom1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:A
    Broadband:up to 10000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Two Bedroom Terrace
    Excellent Investment Property With Low Cash Requirement
    EPC Rating: C!
    Gas Central Heating and Double Glazing Throughout
    BTL Rental Income of £600PCM | Yield of 12%
    Social Housing Income of £700PCM | Yield of 14% + Benefits
    High Rental Demand Location
    Speak to Our Investor Relations Manager Charlotte For More Information
    Buyers Fee Applicable of £3,600+VAT (BTL) or £5,500+VAT (Social)

    Description

    High-Yield Investment | Two-Bedroom Terrace | Optional Social Housing Lease at £700PCM | No Chain

    We are pleased to present this well-maintained two-bedroom mid-terrace home located on a quiet residential street in Thornaby, Stockton-on-Tees. Ideally situated close to local shops, schools, amenities, and transport links, this property offers a versatile opportunity for both investors and first-time buyers.

    Key Features:
    Two generously sized bedrooms
    Spacious lounge with open-plan staircase
    Fitted kitchen with wall/base units and appliance space
    Rear lobby and ground floor family bathroom
    Enclosed rear yard
    Gas central heating & uPVC double glazing throughout
    Chain-free and ready to proceed

    Location Highlights:
    Located in the popular residential area of Thornaby
    Walking distance to local shops, schools, and bus routes
    Easy access to A66 and A19 for commuting
    Strong local rental demand

    Investment Opportunity:
    This property offers two lucrative letting options, providing flexibility for investors:

    Option 1: Standard Assured Shorthold Tenancy (AST)
    Estimated Rental Income: £600PCM
    Annual Income: £7,200
    Approx. Gross Yield: 12%

    Option 2: Social Housing Lease (Fully Managed)
    Guaranteed Rent: £700PCM
    Annual Income: £8,400
    Yield: 14%

    Benefits include:
    Guaranteed rent paid on time each month
    All repairs and maintenance covered by the lease provider
    CPI-based annual rent increase every April
    Long-term lease options available
    Hands-off, hassle-free investment

    This makes it an ideal turnkey investment for landlords seeking passive income with reduced risk and full peace of mind.

    Buyers Premium Fees Applicable

    Lounge 4.39 x 4.34 (14'4" x 14'2")

    Dining Kitchen

    Bathroom 1.82 x 1.72 (5'11" x 5'7")

    Bedroom 1 3.43 x 4.35 (11'3" x 14'3")

    Bedroom 2 2.62 x 4.33 (8'7" x 14'2")

    Viewings not available

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