Two x Apartments , Stockton-on-Tees | Two x Apartments for Sale in Stockton-on-Tees

Thornaby, Stockton-on-Tees

Two x Apartments | £160,000 | Freehold

Investment Summary

Pure Investor is delighted to present this traditional mid-terrace property, arranged as two self-contained two-bedroom flats, offering investors two rental income streams within a single building.

The flats currently generate £650 per calendar month each, providing a combined rental income of £1,300 PCM (£15,600 per annum). At the starting guide price of £160,000, this represents an attractive gross rental yield of 9.75%.

Described as newly refurbished and furnished, the accommodation includes contemporary kitchens, modern shower facilities and practical flooring. This offers an appealing proposition for investors seeking an established rental property with updated interiors.

Property Features

Mid-terrace property arranged as two self-contained flats
Two bedrooms per flat, as advised by the seller
Current rental income of £650 PCM per flat
Combined rental income of £1,300 PCM (£15,600 per annum)
10% gross yield at the £160,000 starting guide price
Newly refurbished accommodation
Furnished interiors, with furniture described as new
Contemporary kitchens and modern shower facilities
Two separate rental income streams within one building
Established residential location in Thornaby
Access to Stockton-on-Tees, Middlesbrough and the wider Tees Valley

Investment Information

Detail	Information
Guide Price	£160,000
Property Type	Mid-terrace arranged as two self-contained flats
Accommodation	Two bedrooms per flat, seller advised
Flat 1 Rental Income	£650 PCM / £7,800 per annum
Flat 2 Rental Income	£650 PCM / £7,800 per annum
Combined Monthly Rent	£1,300
Combined Annual Rent	£15,600
Gross Yield	9.75% at £160,000
Condition	Described as newly refurbished and furnished
EPC Ratings	Flat 1: E / Flat 2: D, subject to verification
Tenure	Freehold

Location

Westbury Street is situated in an established residential neighbourhood in Thornaby, within the Tees Valley.

The location offers access to local amenities, Stockton-on-Tees, Middlesbrough and Teesside Park, alongside connections through Thornaby railway station and the A66/A19 road network.

Why We Like This Property

The standout attraction is the combination of £15,600 in current annual rental income and a 9.75% gross yield at the starting guide price.

Two separately let flats spread the rental income across two units, reducing reliance on a single tenancy. Should one flat become vacant, the other may continue to generate income, helping to cushion the impact on overall cash flow.

The refurbishment and furnished accommodation add to the property’s appeal, while the two-flat arrangement offers investors the convenience of acquiring two rental units through one property purchase.

Return on Capital Employed (ROCE) Calculator

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Property Price

Mortgaged

Cash Purchase

Deposit

£0.00

25%

£160,000.00

Sourcing Fees

£3,000.00

Legal Fees

£

Stamp Duty

Cash Invested

Property Rent

Rental Per Month

£1,300.00

Rental Income PA

£15,600.00

£

Mortgage Details

Interest Only Rate

%

N/A

Mortgage Balance

N/A

Annual Interest Cost

N/A

Property Management

I would like this property managed on my behalf

Management Fee Rate

10%

Management Fee PA

£0.00

Growth Assumptions

Capital Growth P/A

3.5%

Rental Growth P/A

5%

Year 1 - Return on Investment

Annual Gross Profit

£0.00

ROCE Year 1

0%

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Compounded ROI after 5 Years

Cash Invested

£0.00

Interest Paid

£0.00

N/A

Rent Received

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Management Fee Paid

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Gross Profit

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Overall Return on Investment

5 Year Combined Gross Profit + Growth in Property Value

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Pure Investor

Westbury Street

Thornaby, Stockton-on-Tees

Two x Apartments | £160,000 | Freehold

Investment Summary

Property Features

Investment Information

Location

Why We Like This Property

Return on Capital Employed (ROCE) Calculator

Get in touch with the Pure Investor team today

Get your Free, Instant Sales and Lettings Valuation

Property details

Get in touch, we're here to help.

Pure Investor

Westbury Street

Thornaby, Stockton-on-Tees

Two x Apartments | £160,000 | Freehold

Investment Summary

Property Features

Investment Information

Location

Why We Like This Property

Return on Capital Employed (ROCE) Calculator

Get in touch with the Pure Investor team today

Get your Free, Instant Sales and Lettings Valuation

Property details

Get in touch, we're here to help.

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