House For Sale £57,000
Arlington Street, Stockton On Tees, Middlesbrough TS18
previous price £60,000

This excellent two bedroom end terrace property comprises of; entrance hallway leading to a spacious lounge with double glazed window to the front; a separate dining room with double glazed window; a fully fitted kitchen with all appliances included and utility area; a staircase leading to the first of the double bedrooms with double glazed window; a three piece family bathroom with shower over bath; a second double bedroom with double glazed window. The property has a rear yard and comes with on street parking.

This property is located in the Stockton-On-Tees area of County Durham. Stockton-On-Tees' town centre is within walking distance of this property, giving tenants access to plenty of high street and independent shops, bars and restaurants. Middlesbrough town centre is less than a 15 minute drive away, which boasts numerous cultural attractions including museums, art galleries and theatres. For those who prefer a quieter day out, this property is also only 30 minutes away from the coast, offering incredible views and seaside walks. Rokeby Street benefits from excellent transport links with the A1(M) Motorway and Teesside International Airport nearby, enabling tenants to easily access the rest of the UK and some of Europe's famous destinations.

Stockton-on-Tees provides a great investment opportunity which continues to grow. The £300 million Northshore development, situated on Stockton’s Riverside, aims to create around 4,500 jobs by providing 1.8 million square feet of offices, leisure and retail accommodation. With so many developments and regeneration schemes in Stockton-on-Tees, the town is bursting with growth potential making it the perfect time to invest.

Financial Breakdown

Gross rent: £4,800
Ground rent: £0
Service charge: £0
Lettings fees: £480
Net income: £4,320
Gross yield: 8.73%
Net yield: 7.85%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-15086