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4 bedroom terraced house for sale

Princes Road, Middlesbrough

Offers in Excess of £110,000

Property Description

Key features

  • GENERATING A GROSS ANNUAL RENTAL INCOME OF £19,240 (INCLUDES BILL PAYMENTS)
  • CURRENTLY LET OUT TO STUDENTS - ON A 52 WEEK CONTRACT BASIS
  • 3 BEDROOMS, LOFT CONVERSION & 2 RECEPTION ROOMS
  • MODERN KITCHEN, GAS CENTRAL HEATING & DOUBLE GLAZING
  • LOCATED CLOSE TO THE UNIVERSITY OF TEESSIDE & LINTHORPE ROAD

Full description

IN EXCESS OF A 10% YIELD! A SUPERB INVESTMENT OPPORTUNITY OFFERED FOR SALE ON A FULLY LET BASIS AND CURRENTLY GENERATING AROUND 20% RETURN (WITH THE DUTY TO PAY UTILITY BILLS OUT OF THIS). THE PROPERTY IS LOCATED CLOSE TO LINTHORPE ROAD, AND THE UNIVERSITY OF TEESSIDE. PROPERTIES OF THIS SIZE, AND ABILITY TO GENERATE THIS LEVEL OF RENT, ARE RARELY AVAILABLE. THERE IS POTENTIAL TO INCREASE THE RENTAL RETURN ALSO, DUE TO ONE ROOM BEING ON A REDUCED RENT. MORE DETAILS AVAILABLE ON REQUEST

Entrance Hall 
The property is accessed through a uPVC double glazed door from Princes Road, into the Entrance Hall. The Hall allows access to the ground floor accommodation and also the first floor accommodation via a open plan staircase.

Lounge (Bedroom 4) 
11' 7'' x 10' 10'' (3.53m x 3.30m)
A spacious reception room currently being utilised as a Bedroom, which has a uPVC double glazed window to the front elevation, and a radiator.

Lounge / Communal Room 
11' 8'' x 11' 0'' (3.55m x 3.35m)
Another spacious reception room offering a rear facing uPVC double glazed window and a radiator.

Kitchen 
14' 6'' x 8' 1'' (4.42m x 2.46m)
A modern fitted Kitchen offering wall and base units, with contrasting work surfaces set over inset with a sink and drainer unit, and allowing space for white goods and a cooker point, a wall mounted boiler, a uPVC double glazed window and a radiator.

Bathroom 
A groundfloor Bathroom which offers a three piece suite comprising of; panel bath with shower over, a wash hand basin, and a low level w.c. In addition there is gas central heating radiator and double glazed window to side aspect

FIRST FLOOR 

Landing 

Bedroom 1 
10' 10'' x 8' 10'' (3.30m x 2.69m)
Double glazed window to front aspect, gas central heating radiator and storage cupboard.

Bedroom 2 
9' 8'' x 11' 11'' (2.94m x 3.63m)
A spacious second bedroom offering a uPVC double glazed window and a radiator.

Bedroom 3 
8' 4'' x 9' 4'' (2.54m x 2.84m)
A final Bedroom offering a Double glazed window to rear aspect and gas central heating radiator.

EXTERIOR 
A wall enclosed yard to the rear of the property with gated access to the communal alley beyond.

Listing History

Added on Rightmove:
14 October 2016

Nearest stations

  • Middlesbrough (0.6 mi)
  • Thornaby (2.5 mi)
  • Marton (2.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Eazymove Estate Agents, Middlesbrough

44 Borough Road Middlesbrough TS1 5DW

01642 268166 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Eazymove Estate Agents, Middlesbrough

44 Borough Road Middlesbrough TS1 5DW

01642 268166 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Middlesbrough (0.6 mi)
  • Thornaby (2.5 mi)
  • Marton (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Eazymove Estate Agents, Middlesbrough

44 Borough Road Middlesbrough TS1 5DW

01642 268166 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 7214348. 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 Eazymove Estate Agents, 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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