For sale by Online Auction - 28th of January 2026.
Reliable Investment Two-Bedroom Tenanted Property in Thornaby
Description
Located in a sought-after area of Thornaby, Gilmour Street is a fantastic buy-to-let opportunity offering immediate rental income. This two-bedroom property benefits from a long-term tenant under an Assured Shorthold Tenancy, generating a steady income of £110 per week.
Perfectly positioned close to local amenities, transport links, and employment hubs, this property is ideal for investors seeking a low-maintenance, income-producing asset with strong tenant demand.
Key Features:
Two-bedroom property
Tenanted with Assured Shorthold Tenancy
Current rent: £110 per week
Long-term tenant in situ
Popular Thornaby location
A smart, hassle-free investment with consistent returns from day one.
Tenure
Freehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.