Five-Bedroom Tenanted Hmo House

Five-bedroom tenanted HMO house located in a prime location in Stockton-on-Tees. The property comprises five spacious bedrooms, a well-equipped communal kitchen, a communal bathroom, and a WC, with one bedroom featuring an ensuite. With four out of five bedrooms currently tenanted, this property generates an income of £1,840 pcm (£22,080 per annum), delivering a yield of 16.3% compared to the guide price. Full tenancy would increase the income to £2,260 pcm (£27,120 per annum), achieving a yield of 20.1%. Recently refurbished, this property boasts a brand new kitchen and bathrooms, representing an investment opportunity for those seeking substantial yields or long-term capital growth. Situated close to local amenities, the property offers a convenient location ideal for easy access to essentials and comfortable living. Stockton-on-Tees offers a vibrant community with a blend of historical charm and modern conveniences. Enjoy the benefits of nearby shopping centres, parks, and excellent transport links, making it an ideal place for both investment and living.