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Investment property with sitting tenant

Norton, TS20 - Get Access

Description

This property, located at 21 Mount Pleasant Road, Stockton-on-Tees, TS20 2HX, presents an opportunity for those interested in a residential investment asset in this area. The property is positioned on an established residential street in Stockton, providing straightforward access to the various local services and facilities that the town has to offer. Stockton-on-Tees serves as a significant residential and commercial centre within the region, ensuring that the property is well-placed for local amenities and transport connectivity. The location is suited to those seeking proximity to the town’s resources and the wider infrastructure of the Tees Valley. The property is sold with a sitting tenant in situ, currently paying £650 per calendar month, providing an existing rental income stream for the purchaser. Please refer to the official documentation for specific details regarding the property's legal standing, tenancy and occupancy status. This property is suitable for purchasers looking for a residential investment holding in a well-connected part of Stockton. Further enquiries regarding the property are welcomed.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 969 sq ft (EPC)

Valuing this traditional semi-detached house on Mount Pleasant Road involves assessing typical local market values for similar residential stock in Stockton-on-Tees. The property spans approximately 969 square feet and presents in good condition with a well-maintained contemporary interior and modern fittings. Because the home is sold with a sitting tenant paying £650 per calendar month, an investment discount is factored into the final figure.

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