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Agent details

This property is listed with:
Tees Surveyors Lettings Ltd
44 Borough Road, , Middlesborough
Telephone:
01642 876480
 

Full Details for 8 Bedroom Terraced for sale in Middlesbrough, TS1 :

8 BEDROOM STUDENT - SINGLE ROOM LET GENERATING £32,00 PER YEAR = 14% YIELD AT ASKING PRICE / SUPERB RENOVATED KITCHEN COMMUNAL ROOM / 3 BATHROOM & ADDITIONAL DOWNSTAIRS W.C. / SCOPE TO EXTEND TO THE REAR (SUBJECT TO RELEVANT CONSENTS) / WITHIN A MATTER OF A FEW HUNDRED METRES FROM THE UNIVERSITY
**LARGE EXTENDED 8 BED-ROOMED PROPERTY WITH HMO LICENSE AND MODERNIZED THROUGHOUT**
In one of the most popular town centre locations, within minutes of the University, this large extended 6 Bedroom, 2 reception room property is currently housing 8 single room tenants with a combined rental income of circa £35,000 per annum. The property has been upgraded by the current owner, and provides all relevant features a HMO requires including fire security / alarms, individual locks to each room, CCTV, and meets all necessary fire regulations. The property offers scope for further development due to the end terrace nature of the property and the large yard.




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House Prices for houses sold in TS1 5DW

Stations Nearby

Middlesbrough
0.4 miles
Marton
2.6 miles
South Bank
2.6 miles

Schools Nearby

Moordale Academy
1.8 miles
Priory Woods School
2.9 miles
Beverley School
1.7 miles
Newport Primary School
0.3 miles
Ayresome Primary School
0.4 miles
Abingdon Primary School
0.5 miles
Middlesbrough College
0.6 miles
Macmillan Academy
0.3 miles
Cleveland College of Art and Design
1.4 miles