House For Sale £170,000
Stockton-on-Tees TS19

* 7 BEDROOM HMO * Bedsits with own kitchenette | 4 Bathrooms | 16% Gross Yield

The property is a terraced house consisting of a 7 bedsit HMO with 4 bathrooms, each bedsit has its own kitchenette.

HMO license & Sui Generis planning in place.

EPC rating C.

Currently only part tenanted at £325 per room pcm.  Fully managed by a local agent and tenanting in process.

Annual income fully tenanted £27,300, giving a healthy 16% gross yield.

There is room to increase rents with a little refurbishment.

On entering the property on the ground floor there are 2 bedsits and a bathroom with access to the rear courtyard.  On the first floor there are a further 2 bedsits and a further 2 bathrooms and finally on the second floor another 2 bedsits and another bathroom.

Bedsit 1 – 19.1sqm

Bedsit 2 – 15.8sqm

Bedsit 3 – 13.1sqm

Bedsit 4 – 22.6sqm

Bedsit 5 – 15.8sqm

Bedsit 6 – 22sqm

Bedsit 7 – 15.8sqm

Ideal investment property with a healthy yield.

Get in touch for more information or to arrange a viewing.

*Please verify these details through the conveyancing process

*All distances or travel times are based on Google Maps

* Please note a buyers fee of 1.5% + VAT