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£76,500 Asking price

3 bedroom Mid Terrace House for sale,
Stranton Street, Stockton-on-Tees, Durham, TS17

Steve McDonald Branch Manager
Steve McDonald
Branch Manager and Valuer
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Features and Description

  • 3 Bedrooms
  • Entrance Hall
  • Lounge
  • Kitchen
  • Dining Room
  • Bathroom
  • Ideal rental investment
  • Generating potential gross yield of 9% based on current tenant paying £600pcm

Attention Landlords. To be sold with a sitting tenant. Potential gross yield 8%. Viewings and offers invited. Call Reeds Rains.

Agents Notes

Viewings and offers are welcomed for this charming bay-fronted inner terraced home, presenting an excellent opportunity for investors, this property offers an attractive potential gross yield of around 9% based on achieving £600 pcmConveniently situated, the property provides access to a range of local amenities, including everyday shopping facilities, public transportation options, and educational establishments. Thornaby town centre, with its array of additional shops, supermarkets, professional services, and leisure amenities, further enhances the appeal of the location.Early inspection is highly recommended to fully appreciate the investment potential and the benefits of this property. The property is currently rented but the tenant has agreed to vacate should the prospective buyer not wish to have a tenant in-situ, however investors can enjoy a ready-made income stream from day one, making it an appealing opportunity for those looking to add to or start their property portfolio.

Entrance Hall

Upon arrival at this property, visitors are greeted by a double-glazed entrance door that leads into the hallway. The hallway serves as the initial point of entry into the home and provides access ground floor and stairs that lead up to the first-floor accommodation.

Lounge

10'1" x 12'11" (3.08m x 3.94m)

The lounge presents itself as a welcoming space, boasting a double-glazed bay window positioned at the front elevation. This feature floods the room with ample natural light, creating a bright and inviting atmosphere within the living area.

Kitchen

Accessible via the lounge and adjacent to the dining room, the kitchen offers convenient access to the outdoors. It is equipped with a variety of cabinets, complemented by practical work surfaces, a sink, and tap. Additionally, there is ample space allocated for a range of appliances, enhancing the functionality of the kitchen space.

Dining Room

10'11" x 10'10" (3.33m x 3.30m)

Completing the ground floor layout, the dining room serves as an ideal space for both daily family gatherings and home entertaining.

Landing

Moving through the accommodation and up to the first floor the landing offers access to the bedrooms and bathroom

Bedroom 1

12'4" x 11'1" (3.75m x 3.38m)

Bedroom 1, located at the front of the property, offers generous dimensions allowing for versatile furnishing options.

Bedroom 2

12'3" x 8'1" (3.74m x 2.46m)

Another generously sized bedroom, offering ample space for various furniture arrangements and looking out to the rear of the property.

Bedroom 3

7'4" x 6'5" (2.24m x 1.96m)

Bedroom 3 serves as a versatile space, suitable for various purposes such as a home office, child's bedroom, or nursery.

Bathroom

The bathroom is fitted with a white suite comprising a paneled bath with a shower over it, a low-level WC, and a wash basin. It features a double glazed window to the rear, allowing in natural light

Externally

Stepping outside and to the rear of the property is patio style garden with access to the rear lane.

Additional Information

Tenure: FreeholdCouncil Tax Band : AEnergy Rating: DUtilities: Mains sewerage, gas, water and electricRestrictive Covenants: YesLocal Planning: 0Flood Risk: Very lowBroadband (estimated speeds)Standard 6 mbpsSuperfast -Ultrafast 9000 mbps

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Stranton Street, Stockton-on-Tees, Durham, TS17

Additional Information

  • Property ref
    STO240108
  • EPC
    D
  • Tenure
    Freehold
  • Council Tax
    A
  • Local authority
    Stockton Borough Council
Steve McDonald Branch Manager
Steve McDonald
Branch Manager and Valuer

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Reeds Rains Estate Agents Stockton on Tees

Stockton on Tees Branch Manager
Reeds Rains Stockton on Tees
3 Harper Parade, Darlington Road, Hartburn, TS18 5EQ
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed

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Borrowing £68,850 and repaying over 25 years with a 2.5% interest rate.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022. For more information on Stamp Duty Land Tax, click here.

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Lounge
10'1" x 12'11" (3.08m x 3.94m)

The lounge presents itself as a welcoming space, boasting a double-glazed bay window positioned at the front elevation. This feature floods the room with ample natural light, creating a bright and inviting atmosphere within the living area.

Kitchen

Accessible via the lounge and adjacent to the dining room, the kitchen offers convenient access to the outdoors. It is equipped with a variety of cabinets, complemented by practical work surfaces, a sink, and tap. Additionally, there is ample space allocated for a range of appliances, enhancing the functionality of the kitchen space.

Dining Room
10'11" x 10'10" (3.33m x 3.30m)

Completing the ground floor layout, the dining room serves as an ideal space for both daily family gatherings and home entertaining.

Landing

Moving through the accommodation and up to the first floor the landing offers access to the bedrooms and bathroom

Bedroom 1
12'4" x 11'1" (3.75m x 3.38m)

Bedroom 1, located at the front of the property, offers generous dimensions allowing for versatile furnishing options.

Bedroom 2
12'3" x 8'1" (3.74m x 2.46m)

Another generously sized bedroom, offering ample space for various furniture arrangements and looking out to the rear of the property.

Bathroom

The bathroom is fitted with a white suite comprising a paneled bath with a shower over it, a low-level WC, and a wash basin. It features a double glazed window to the rear, allowing in natural light

The pin shows the exact address of the property 

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

68

Potential

85

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A