At NGU Homes, 3-beds are averaging £698 a month right now - real, achieved rents, not estimates. If yours is lower, you might be undercharging.

📍 Real rents, by bedroom count

By bedroomsAvg. rent achievedSample
2 bed£61113 properties
3 bed£69828 properties

Location can make a difference too - our 3-beds in Billingham and Norton average £708 a month, against £659 in Stockton town (TS18, TS19).

📈 Real rent increases we’ve just pushed through

Here are five examples from the fifteen rent reviews we’ve completed for Stockton-on-Tees landlords since August, averaging a 5.5% increase overall - real increases, already agreed:

Area / bedsPrevious rentNew rentIncrease
TS20 (Norton), 2 bed£570£625+9.6%
TS19 (Stockton), 2 bed£550£590+7.3%
TS23 (Billingham), 3 bed£675£715+5.9%
TS17 (Thornaby), 3 bed£665£695+4.5%
TS20 (Norton), 3 bed£715£725+1.4%

Increases across all 15 reviews ranged from 0.8% to 10.2%. The 5.5% average is running ahead of the boroughwide rent growth figure of 3.6% below.

📍 Managed locally, wherever you are

Every rent review above was handled start to finish by our own team on the ground in the North East - the tenant conversation, the Section 13 notice, the paperwork. If you’re not local yourself, that’s the whole point: you get the return, and we handle the hassle. It’s a settled portfolio, too: 67% of our current Stockton-on-Tees tenancies have already run for two years or more, and the average so far is nearly seven years.

📊 The boroughwide numbers

Stockton-on-Tees’ average house price is up 3.0% this year, and rent has grown 3.6%.

Avg. house priceAvg. rent (pcm)Best yield: flats
£170,000 (↑ 3.0% year-on-year)£735 (↑ 3.6% year-on-year)8.7% (Est. gross yield)

Here’s how that breaks down by property type:

💷 Buy-to-let snapshot by property type

TypeAvg. priceAvg. rentEst. yield
Flat£86,000£6258.7%
Terraced£128,000£7406.9%
Semi-detached£164,000£7855.7%
Detached£276,000£1,0844.7%

Estimated gross yield, calculated from average price and average rent by property type. Excludes costs, fees, and void periods.

🏠 Investment opportunity we’re marketing

Two of the rent reviews above were in TS20 - the same postcode as the property below.

2 Bed Semi-Detached House, Raleigh Road, Norton, Stockton-on-Tees, TS20 - Offers over £79,950 - Tenanted, rent from day 1. Already tenanted at £595 pcm - a ~9% gross yield, no void period, no chain.

For more properties we’re marketing across Stockton-on-Tees, visit nguhomes.co.uk.

That’s what making money from property in Stockton-on-Tees actually looks like right now - real rent increases, on real properties, not just a market average. If you’d like to talk through your rent, a purchase, or your wider portfolio, just reply and I’ll go through the numbers with you, or call our Teesside team on 01642 312 312.