2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Thornaby Road, TS17
£113,000

Price History

Initial price £135,000
16/03/25 £125,000
22/03/25 £123,000
29/03/25 £121,000
05/04/25 £119,000
11/04/25 £117,000
16/04/25 £115,000
22/04/25 £113,000
Price Change -16.30%

Description

This 2-bedroom mid-terrace house in Thornaby is an attractive investment opportunity, with a current tenant in situ and the potential to generate a rewarding rental return. The property, which is close to local amenities, features two bedrooms, a lounge, kitchen, and bathroom, and currently produces an annual gross income of £7,080. With a market rate of £7,644, the new owner could increase the rental income with minimal effort. The current tenants, who have lived in the property for several years, have a good payment history and are keen to remain in the property, making for a hassle-free investment. With a worthwhile addition to an investor's portfolio, this property presents a fantastic opportunity for those looking to expand their property portfolio.