2 bedroom terraced house for sale

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2 bedroom terraced house for sale

8 Prospect Place, Norton, Stockton-on-Tees, Cleveland, TS20 2PX
£60,000

Price History

Initial price £65,000
15/05/25 £60,000
Price Change -7.69%

Description

This 2-bedroom, 1-bathroom terraced house in Prospect Place, TS20 2PX is a high-yield investment opportunity with a strong ROI from day one. The property is fully tenanted, generating £650 per calendar month, and has a projected gross yield of 9.51%. The stable rental market with strong demand ensures a steady income stream. The property is close to key transport links, shops, and amenities, making it an attractive option for investors. With a comparable market value of £100,000, the guide price is £60,000-£85,000, making it a great value-for-money investment opportunity. The property is available for unconditional online auction on May 29th, 2025, with bidding opening at 10:00 and closing at 12:35.