Buy to Let Property UK

Social Housing Investment - Stockon-on-Tees

From: £61,000
9.6% projected yield
Newly renovated
Fully tenanted
Immediately available for purchase

Enquire about this property today

By filling in your details you acknowledge that you will be joining our mailing list to receive property investment news and relevant property investments.

Recently renovated two-bedroom terrace property


Two-bedroom social housing property in the North Yorkshire town of Stockton-on-Tees. Newly renovated and already tenanted, it is immediately available for purchase.

Key Figures

£61,000
Starting Price

9.6%
Net Yield

Q1 2021
Completion Date

Investment Details

An opportunity has arisen to invest in a two-bedroom terrace house on Grove Street, in Stockon-on-Tees.

The property is a well presented having recently undergone extensive refurbishment, and is on the market for £61,000. It is already tenanted and rents at £550 per calendar month.

Recent terraced houses in the TS18 post code have sold for just under £70,000 according to NetHousePrices.

Social Housing North Yorkshire Investment Fundamentals


  • Purchase price £61,000
  • Fully tenanted
  • 9.6% projected yield
  • Immediately available for purchase
  • Newly renovated
  • Two-bedroom terrace property

What is social housing?


Property that is made available to tenants who receive income support such as housing allowance or universal credit. These types of tenants may be in part time employment and just need a little support from government subsidies.

The demographics of TS18 Stockton-on-Tees post code include a larger number of tenants with this profile than the average UK post code.

If this sounds of interest and you have the cash funds available for immediate purchase, then please do get in touch.

The Numbers

Ground Rent:

Number of Units:1

Service Charge:

Prices:£61,000

Leasehold:

ALDI
Stockton High Street
Castlegate Shopping Centre
  • Newly renovated
  • Two bedroom terrace property
  • Cushion flooring to bathroom, kitchen and entrance
  • Bay windows
  • Fitted kitchen

Cash-only purchase of £61,000

“We are your partner in prosperity”

If you are considering buying investment property, it starts with a conversation. If we understand what you are looking for we are in a better position to help you achieve your goals and save you time by recommending the most suitable property.

Request a call back