Tenanted Investment Opportunity – £463 PCM

A traditional end-terrace two-storey house offered for sale as a ready-made buy-to-let investment, located within an established residential area of Thornaby. The property is currently let at £463 per calendar month (£5,556 per annum) and is occupied by a reliable tenant who is up to date with rent payments and has a proven track record of paying on time, making this an ideal hands-off investment opportunity. Internally, the accommodation is well proportioned and arranged over two floors. The ground floor briefly comprises two reception rooms, a fitted kitchen, hallway and bathroom. To the first floor are three bedrooms accessed via a central landing. The total floor area is approximately 980 sq ft (91.1 sq m). The property benefits from a prominent corner position, traditional brick construction and a layout that remains consistently popular with tenants in the local rental market. Key Investment Highlights: Let at £463 PCM Established, reliable tenant in situ No rental arrears Popular residential letting area Approx. 980 sq ft of accommodation Traditional terraced house suitable for long-term investment The property is offered for sale by auction, and will appeal to investors seeking an income-producing asset from day one.

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Stockton-on-Tees Borough Council

Solicitors

Stanton & Partners, 15 Beach Road, Ref: Stanton & Partners, Tel: 0191 427 0770

Additional Fees

Administration Charge - £3600 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.