Plot for sale

Linthorpe Road, Middlesbrough

POA

Property Description

Key features

  • DEVELOPMENT
  • LAND FOR SALE
  • PLANNING CONSENT IN PLACE
  • POTENTIAL STUDENT ACCOMMODATION

Full description

Land Adjacent to 234 Linthorpe Road, Middlesbrough TS1 3QP

This is a unique development opportunity for investors interested in a mixed use development right on the doorstep of Teesside University and on Linthorpe Road. The site has no building on it and has been granted full planning approvals a new 8 storey high purpose-built student accommodation of 89 individual studios plus a commercial/retail space on the ground floor.

The current owners are open to selling the sight outright or undertaking a joint venture with prospective partners interested in developing, letting and holding the site for the purpose of income generation over the long term.

The owners development calculations have generated an estimated £520k pa Gross rental income and has a potential gross development value circa £5.8m (this would need to be validated through the buyers’ own due diligence). Further information is available to serious buyers or developers.


More information from this agent

Listing History

Added on Rightmove:
03 November 2020

Nearest stations

  • Middlesbrough (0.7 mi)
  • Marton (2.4 mi)
  • Thornaby (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:

Teal Space , Middlesbrough

134 Linthorpe Road, Middlesbrough, TS1 3RA

01642 268050 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 (0.7 mi)
  • Marton (2.4 mi)
  • Thornaby (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Teal Space , Middlesbrough

134 Linthorpe Road, Middlesbrough, TS1 3RA

01642 268050 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.

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