3 bed semi-detached house for sale

Norton Avenue, Norton, Stockton-On-Tees TS20

Summary

Investment opportunity - tenant in situ - current rental income 650 pcm

Offered to the market with a long-standing tenant in situ, this three-bedroom semi-detached home presents an excellent opportunity for landlords looking to acquire a ready-made investment with an immediate rental income of 650 per calendar month, equating to an attractive gross yield of approximately 7.1% based on the asking price of 110,000.

Situated within a popular residential location, the property is approached via a front garden, with shared access leading to the generous enclosed rear garden. Internally, the accommodation comprises an entrance hall with useful storage and a turning staircase to the first floor. The bay-fronted dining room flows seamlessly into the rear living area, creating a spacious open-plan reception space, further enhanced by French doors opening onto the rear garden.

The fitted kitchen offers a range of wall and base units, work surfaces and integrated hob and oven, with a door providing access to the garden. To the first floor, there are three well-proportioned bedrooms along with a family bathroom fitted with a white suite.

The property is offered to investors only and benefits from no onward chain, making for a straightforward acquisition and an ideal addition to an existing portfolio or a great first step onto the investment ladder.

Early viewing comes highly recommended. Contact our Norton Team today for further information or to arrange your appointment to view.

Council Tax Band: A
Tenure: Freehold