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")