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8 Bracknell Road

Thornaby, Stockton-on-Tees

£112,500Guide Price

  • 3 Bedroom semi-detached
  • High NET rental income (£8,100pa)
  • Freehold property
  • Full management option available
  • Established tenants in situ

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Thornaby, Stockton-on-Tees

3 Bedroom Semi-detached House | £112,500 | £8,100 net rental income per annum
PROPERTY OVERVIEW
A freehold three-bedroom house, sold with a tenant in situ, offering investors rental income from day one and a net yield of 7.2%. Thornaby is part of the borough of Stockton-on-Tees in the Tees Valley, with road and rail links across the region. Its location gives the property access to local amenities and to nearby employment centres.
INVESTMENT INFORMATION

Financial Overview

  • Guide price = £112,500
  • Current monthly rent = £675
  • Annual rental income = £8,100
  • Ground rent = None
  • Service charge = None
  • Gross yield = 7.2%

Investment Highlights

  • Sold with a tenant in situ, currently paying £675 per month.
  • Gross yield of 7.2%.
  • Freehold, with no ground rent or service charge.
  • Guide price of £112,500.
  • EPC rating C (72), with the potential to reach B (85).
  • With its freehold tenure and existing rental income, 8 Bracknell Road presents an opportunity for investors seeking a buy-to-let property in the Tees Valley.

Location

  • Part of the Stockton-on-Tees borough in the Tees Valley.
  • Rail services from Thornaby station.
  • Road connections via the A19 and A66.
  • Shopping and leisure nearby at Teesside Park.

Property Description

The front door opens into an entrance hall with a storage cupboard and a ground-floor WC, and leads through to the kitchen. The kitchen has a door to the outside and opens into the dining room, which has an under-stairs cupboard and stairs to the first floor. The dining room leads through a wide opening into the lounge, which has a bay window.

On the first floor, the landing leads to three bedrooms and a bathroom. Bedrooms 2 and 3 each have a built-in cupboard.

The property has a total floor area of approximately 919 sq ft (85.37 sqm.)

8 Bracknell Road – Reservation and Payment Plan

  • Reserve the property with a signed reservation form
  • Provide certified ID, proof of address and proof of funds to Pure Investor
  • Pay non-refundable sourcing fee
  • Remaining balance due on completion

Return on Capital Employed (ROCE) Calculator

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Property Price


Mortgaged

Cash Purchase

Deposit

£0.00

25%

£112,500.00

Sourcing Fees

£3,000.00

£3,000.00

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£675.00

£675.00

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I would like this property managed on my behalf

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