House For Sale Yarm Road, Stockton-on-Tees, TS18
£120,000
- Description
- Street View
- Maps
Description
StrapLine
Auction Sale - 16/04/2024Of Interest to Investors
Two Freehold Houses Which Have Been Combined to Provide a Single 14 Bedroom Property
Currently Let on a Single AST Producing £42,000 per annum.
Potential For Conversion or Change of Use, subject to obtaining the requisite consents.
Description
The property comprises a pair of Freehold detached houses that have been combined internally to provide a single 14 bedroom dwelling.
Arranged across ground, first and second floors and featuring a large parking area to the front, each house includes seven bedrooms, three bathrooms, a utility room and two WCs.
The property is fully let on a single AST producing £42,000 per annum. The tenancy expired in January 2020 and the tenant is therefore holding over.
We consider there are evident asset management opportunities with the property and potentially room for further development to the loft space or over the large rear garden (subject to obtaining the requisite consents).
The property is located in an established residential area to the south of Stockton-on-Tees.
Investment Analysis
Calculators
Mortgage Finder
Similar Properties
A few properties that are similar to this property. See more properties like this.
£80,000
£82,000
£70,000
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.