The Village, Marton-In-Cleveland, Middlesbrough
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
9
- BATHROOMS
9
- 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
- Established high quality HMO
- Fully licensed
- 9 lets
- Fully occupied
- All double ensuite rooms
- One bedroom apartment
- Enclosed garden
- Off road parking for multiple vehicles
- Desirable location
- Walkthrough tour available
Description
yieldit are delighted to introduce this 9 bedroom, fully licensed HMO to the market that is spread across three floors and presented to an impressive standard throughout. The detached property contains 8 spacious double bedrooms, all with their own ensuite shower room, an additional box room currently utilised as an office, fully-fitted kitchen with appliances and utility room. In the enclosed communal garden is an additional building which contains a one bedroom apartment. To the front of the property is off road parking for up to eight vehicles.
The Village is ideally situated in the desirable village of Marton-in-Cleveland, an area of Middlesbrough, North Yorkshire. With a wide range of amenities within easy reach including Stewart Park, Marton Shopping Parade, several public houses, football & cricket clubs and the multi-million pound Middlesbrough Sports Village.
With the North Pennines right on its doorstep, this property couldn't be in a more beautiful location, perfect for those who enjoy long country walks and amazing views! This property is also ideally located within the commuter belt for both Durham and Newcastle city centres, being only a 30 minute drive away from either one, meaning that there will always be plenty of interest from tenants working in both cities looking for a cheaper rental price whist still being close enough to enjoy everything that both cities have to offer.
Financial Breakdown
Gross Rent: £59,040.00
Net income: £39,118.00
Gross yield: 11.81%
Net yield: 7.82%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07735
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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The Village, Marton-In-Cleveland, Middlesbrough
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Marton Station2.6 miles
- Gypsy Lane Station3.6 miles
- Nunthorpe Station4.2 miles
About the agent
yieldit, Manchester
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.
Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.
yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen
Notes
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Visit our security centre to find out moreDisclaimer - Property reference YL-07735. 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 yieldit, Manchester. 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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