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2 bedroom terraced house for sale
8 Prospect Place, Norton, Stockton-on-Tees, Cleveland, TS20 2PX
£65,000
8 Prospect Place, Norton, Stockton-on-Tees, Cleveland, TS20 2PX
£65,000
Price History
Initial price | £76,000 |
13/02/25 | £65,000 |
Price Change | -14.47% |
Description
This property is a 2-bedroom, 1-bathroom terraced house located in 8 Prospect Place, TS20 2PX, which is a high-yield buy-to-let investment opportunity. The property is currently tenanted and generating a strong return on investment, with a current gross yield of 9.51%. The property is situated in a desirable location, close to key transport links, shops, and amenities, making it an attractive option for investors. The property is being sold by unconditional online auction on February 26, 2025, with a guide price of £65,000 to £85,000, plus a 5% buyer's premium or a minimum of £5,000 + VAT. The property offers a low-maintenance, turnkey investment opportunity with potential for capital growth and rental growth, making it an ideal option for investors looking to grow their property portfolio.