Thornaby Road, Thornaby TS17 2 bed terraced house for sale

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Thornaby Road, Thornaby TS17 2 bed terraced house for sale

Thornaby Road, TS17
£115,000

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
Price Change -14.81%

Description

This 2-bedroom mid-terrace house in Thornaby is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two bedrooms, a lounge, kitchen, and bathroom, with a current annual gross income of £7,080. With a tenant already in place, the new owner has the potential to increase the rental income to £7,644 by setting a market rate. The property's investment potential is further highlighted by the fact that the current tenants have consistently paid their rent and have no plans to move out, making for a smooth and stable rental income stream. With its proximity to amenities and potential for strong returns, this property is an excellent addition to any investor's portfolio.