• Four bed HMO property +
• Expected rental income of £20,520pa +
• Freehold, refurbished property +
• Gross yield of 24.14% and net of 13.16% +
• Immediate income generated +
• Well priced to sell +

Property Overview
This freehold terraced property presents a ready-to-go investment opportunity in one of Stockton-on-Tees' consistently strong rental markets. Configured as a four-bedroom shared house with one bathroom, the property has been refurbished prior to being rented and benefits from no HMO licence requirement under the local authority for four-bedroom houses.
With three rooms currently let to long-term tenants and the fourth actively marketed, this is a low-maintenance, high-return property ideal for investors looking for immediate income.
________________________________________
Key Features
* Freehold Terraced House - no ground rent or leasehold costs
* Four Generously Sized Bedrooms - one modern shared bathroom
* Recently Refurbished - reducing maintenance overheads
* No HMO Licence Required - lower compliance costs
* Strong Rental Demand - long-term tenants in place
* High-Yielding Investment - 24% gross yield, 13% net yield
________________________________________
Rental Income Breakdown
Room Rent (pcm) Status
Room 1 £485 Long-term tenant
Room 2 £325 Long-term tenant
Room 3 £450 6-month contract signed 7th August
Room 4 £450 Vacant from the end of August - currently marketed
Total Potential Rent: £1,710 pcm / £20,520 pa
________________________________________
Outgoing Costs
Cost pcm Annual
Council Tax £158 £1,896
Gas & Electric £300 £3,600
Internet £40 £480
TV Licence £9.75 £117
Water £142 £1,704
Weekly Cleaning £128 £1,536
Total Outgoings: £777.75 pcm / £9,333 pa
________________________________________
Financial Summary
* Gross Annual Income (Fully Let): £20,520
* Net Annual Income: £11,187
* Gross Yield: 24.14%
* Net Yield: 13.16%
________________________________________