329 Linthorpe Road
Middlesbrough
TS5 6AA
Stainton Street, Middlesbrough
Offers in the region of £70,000
3 Bedroom House - Mid Terrace
- AN EPC IS BOOKED IN TO TAKE PLACE THE WEEK STARTING 20/4/26
- A MODERN INTERIOR HAVING JUST BEEN UPDATED AND REFRESHED RECENTLY.
- NEW TILING WITHIN THE SHOWER ROOM
- A NEW FLAT ROOF HAS BEEN INSTALLED AT A COST OF £2000 IN APRIL 2026
- UPVC DOUBLE GLAZING THROUGHOUT
- A MODERN 'WORCESTER' GAS COMBI BOILER
- MARKET RENT LEVEL £600 +
** A CLOSE TO 8% YIELD AT ASKING PRICE WITH SCOPE FOR INCREASE IN THE LONGTERM UP TO IN EXCESS OF 10% ** A WELL SIZED TERRACED PROPERTY SET WITHIN THIS WELL THOUGHT OF PART OF NORTH ORMESBY, SET CLOSE TO LONGLANDS ROAD. THE PROPERTY HAS ACCOMMODATION STE OVER 3 STOREYS, BRIEFLY COMPRISING AN ENTRANCE HALL, TWO RECEPTION ROOMS, A LENGTHY KITCHEN, LOBBY, AND A DOWNSTAIRS SHOWER ROOM / WETROOM, WITH TWO DOUBLE BEDROOMS TO THE FIRST FLOOR AND A FURTHER LOFT ROOM ACCESSED VIA AN ORIGINAL FIXED STAIRSCASE FROM THE REAR BEDROOM. THE PROPERTY IS SOLD WITH A LOMNGSTANDING TENANT IN PLACE WHO HAS BEEN IN SITU FOR AROUND 30 YEARS. THE RENTAL INCOME IS CURRENTLY £450 WHICH WHILST BEING A NOTICEABLE DISTANCE AWAY FROM THE RENTAL MARKET VALUE THE TENANT TAKES CARE OF THE PROEPRTY AND HAS CREATED NO ISSUES WHATSOEVER FOR THE CURRENT OWNER. THE PROEPRTY IS DOUBLE GLAZED THROUGHOUT, HAS A GAS COMBI BOILER, MODERN DECORATION TO THE GROUNDLFOOR AND A MODERN SHOWER ROOM WITH WALK IN SHOWER AREA. AN IDEAL STEADY INVESTMENT FOR A HANDS OFF LANDLORD.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com