Terraced house for sale in Bishopton Road, Stockton-On-Tees TS19
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Property features
- HMO - 16% Gross Yield
- Seven Bedroom HMO
- Bedsits with Kitchenette
- Potential to Increase Rents
Property description
*** 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.
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*All distances or travel times are based on Google Maps
** Please note a buyers fee of 1.5% + VAT
Property info
For more information about this property, please contact
The Agents Network, EC1V on +44 20 8166 3093 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by The Agents Network, and do not constitute property particulars. Please contact The Agents Network for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.