Cheltenham Avenue, TS17
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- THREE BEDROOMS
- CLOSE TO LOCAL AMENITIES
- GREAT INVESTMENT
- TENANT IN SITU
- COUNCIL TAX BAND A
- RENTAL INCOME OF £800 PCM
Description
A fantastic opportunity to acquire a residential property located in the popular area of Thornaby, Stockton-on-Tees. This well-presented terraced home is ideal for investors or first-time buyers and offers excellent potential for long-term growth.
The property comprises a spacious lounge and a fitted kitchen on the ground floor. The first floor includes three well-proportioned bedrooms and a modern family bathroom. Neutrally decorated throughout, it offers a blank canvas for personalisation.
Externally, there is a private yard to the rear, providing low-maintenance outdoor space, along with on-street parking available to the front of the property.
Location
This three-bedroom terraced property is located in Thornaby, Stockton-on-Tees - a well-established residential area with excellent local amenities and transport links.
The home is within walking distance of local shops, primary schools, medical facilities, and bus routes. Middlesbrough Town Centre is just a 10-minute drive away, offering a wide range of retail, dining, and leisure options.
Teesside Park, with its array of major retailers, restaurants, and a cinema complex, is just 8 minutes by car. Access to the A66 and A19 is also nearby, providing strong commuter links across the region.
Property Specifics
- Type: Mid-terrace residential property, suitable for investors or owner-occupiers
- Layout: Comprises a ground floor lounge and kitchen, with three bedrooms and a bathroom to the first floor (floor plan available soon)
- Outdoor Space: Features a private rear yard and on-street parking
- Tenure: Freehold
- Rental Potential: Ideal for buy-to-let investors
- Transport Links: Excellent road access to A19 and A66, with Thornaby train station nearby
Council Tax Band
- Band A - £1645.83 per year payable to Stockton Borough Council
EPC Rating
- Most recent EPC rating: D (58), with a potential to increase to B (85).
Investment Opportunity
- This property offers a promising investment opportunity with strong local demand for rentals:
- Currently achieving £800 PCM
- Potential Gross Yield: 12% depending on rental level
Demand: High tenant demand in Thornaby makes this a low-risk addition to any portfolio
Viewing:
To arrange a viewing or for further information, please contact Magnum Properties.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Cheltenham Avenue, TS17
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About Magnum Properties Ltd, Middlesbrough
144 Linthorpe Road, Middlesbrough, TS1 3RA
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Visit our security centre to find out moreDisclaimer - Property reference cheltenhamavenue. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Magnum Properties Ltd, Middlesbrough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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