7 Bedroom Terraced House Sold in Stockton-on-Tees, TS18
| Reference | 33898 |
| Address |
18 Shaftesbury Street, Stockton-on-Tees, TS18 3EL (Map Location) |
| Beds | 7 |
| Baths | 2 |
| Type | Terraced house |
| Tenure | Freehold |
Large 7 bed terraced house, modern and well maintained. Ideal for landlords wanting an established property. To be sold with tenants booked until June 2017 (ave rent £1250/month)
Description
7 bedroom terraced house near central Stockton. The house has be recently refitted with large spacious kitchen and new bathroom suites. The house has a large Living room and separate Dining room. A large amount of work has been done on this property in recent years to a very high standard and regular cyclic maintenance is performed to ensure the quality remains high. Please follow this link for an online walk through of the house http://goo.gl/bEJqQ7
Includes Small garden at the front and concrete yard to the rear with 2 functional sheds.
The house is in an ideal location for use as a rental property returning a large rental return. It has tenants booked until June 2017. The projected average rental income is 1250/month between march 2016 and June 2017 with peak months of £1754. Additional profit may be made from inclusive bill deals (estimated £300/annum)
The house has a regularly serviced 33Kw combi boiler, external (and some internal) wall insulation and fully double glazed with a new nest smart thermostat making it very efficient. The house has been recently re-wired and includes a new full house mains fire alarm system which has been maintained every 6 months.
The House is fully HMO compliant and was licensed under Stockton council in 2015. The house is compliant with the obsoleted queens campus accreditation standard (scheme no longer in operation).
This house would be ideal for a landlord wanting a well established, profitable and low maintenance property. It is a converted bedsit / flat property however much of the infrastructure has been left intact allowing for simple re-in-statement.
The house is currently fully furnished with mostly furniture under a year old and white good suitable for the house size which would be available to the buyer under separate agreement.
Viewing is recommended to understand the size, quality and potential of the property.