Norton Avenue, Norton, Stockton-on-Tees, Durham, TS20 2JS

INVESTMENT OPPORTUNITY – TENANT IN SITU – CURRENT RENTAL INCOME £650 PCM

Offered to the market with a long-standing tenant in situ, this three-bedroom semi-detached home presents an excellent opportunity for landlords looking to acquire a ready-made investment with an immediate rental income of £650 per calendar month, equating to an attractive gross yield of approximately 7.1% based on the asking price of £110,000.

Situated within a popular residential location, the property is approached via a front garden, with shared access leading to the generous enclosed rear garden. Internally, the accommodation comprises an entrance hall with useful storage and a turning staircase to the first floor. The bay-fronted dining room flows seamlessly into the rear living area, creating a spacious open-plan reception space, further enhanced by French doors opening onto the rear garden.

The fitted kitchen offers a range of wall and base units, work surfaces and integrated hob and oven, with a door providing access to the garden. To the first floor, there are three well-proportioned bedrooms along with a family bathroom fitted with a white suite.

The property is offered to investors only and benefits from no onward chain, making for a straightforward acquisition and an ideal addition to an existing portfolio or a great first step onto the investment ladder.

Early viewing comes highly recommended. Contact our Norton Team today for further information or to arrange your appointment to view.

Council Tax Band: A Tenure: Freehold

Dining Room 2.94m x 3.65m

Living Room 3.65m x 3.88m

Kitchen 2.4m x 4.55m

Bedroom 1 2.94m x 3.65m

Bedroom 2 3.35m x 3.84m

Bedroom 3 2.53m x 2.75m

Bathroom 2.78m x 1.32m

Rear Garden