3 bed terraced house for sale

Newton Walk, Stockton-On-Tees TS20

Summary

Offered to the market with no onward chain, this freshly presented three-bedroom mid-terraced home represents an excellent opportunity for investors seeking a ready-to-let property with a strong return on investment.

With an achievable rental income in the region of 650 pcm (7,800 per annum), the property delivers an impressive gross yield of approximately 12% based on the asking price, making it an attractive addition to both new and established investment portfolios.

Recently benefiting from a programme of redecoration and new carpets throughout, the accommodation is well presented and ready for immediate occupation. To the rear, a courtyard provides off-street parking and access into the property. The modern fitted kitchen offers an excellent range of units along with ample space for a dining table, creating a practical and sociable environment. The hallway features a convenient cloakroom/WC, staircase to the first floor and access to the front entrance. Completing the ground floor is a bright bay-fronted lounge offering generous living space.

To the first floor are three well-proportioned bedrooms together with a family bathroom fitted with a contemporary white suite.

Combining spacious accommodation, modern presentation, strong rental potential and a competitive price point, this property offers investors an opportunity to acquire a high-yielding asset with minimal initial expenditure required.

Early viewing is strongly recommended. Contact our Norton team today to arrange your appointment.

Council Tax Band: A
Tenure: Freehold