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Borough Road, Middlesbrough

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

3

SIZE

453 sq ft

42 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • A ground-floor retail unit and three self contained apartments to the upper floors

Description

** THE CURRENT INCOME IS £25,200 PER ANNUM - WHEN VACANT FLAT IS FULL THAT WILL INCREASE TO £31,800 PER ANNUM - A YIELD OF 8.7% CURRENTLY OR 11% WHEN VACANT FLAT LET**
BEING LOCATED IN A PROMINANT & CENTRAL POSITION WITHIN MIDDLESBROUGH' TOWN CENTRE, THIS SIGNIFICANTLY EXTENDED MIXED COMMERCIAL & RESIDENTIAL OPPORTUNITY OFFERS GREAT SCOPE FOR DEVELOPMENT / ENHANCEMENT WHILST CURRENTLY ENJOYING A GENEROUS INCOME 'AS IS'. THE GROUND FLOOR RETAIL AREA IS CURRENTLY OCCUPIED BY A BEAUTY BUSINESS WITH AN 8 YEAR LEASE IN PLACE. THE RESIDENTIAL ACCOMMODATION ABOVE COMPRISES OF 3 SELF CONTAINED ONE BEDROOM APARTMENTS, ALL OFFERING LOUNGE / KITCHENS, A DOUBLE BEDROOM & BATHROOM. THE PROPERTIES ARE POSITIONED WITHIN A MATTER OF MINUTES FORM THE UNIVERSITY OF TEESSIDE, LIKEWISE TO THE MAIN SHOPPING DISTRICT / THE BUS STATION & SLIGHTLY FURTHER, BUT STILL WITHIN WALKING DISTANCE, TO THE TRAIN-STATION. A19 & A66 ROADLINKS ARE ALSO CLOSE AT HAND.

GROUND FLOOR RETAIL - £1,000 PCM (8 YEAR LEASE)
FLAT A - £550 PCM
FLAT B - £550 PCM
FLAT C - VACANT (£550)

Brochures

Borough Road, MiddlesbroughBrochure
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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Borough Road, Middlesbrough

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About Progression Property, Middlesbrough

329 Linthorpe Road, Linthorpe, Middlesbrough, TS5 6AA
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It is clear what property owners want when they decide to put their property ?up for sale?. A prompt sale, for ?the best price?, and they want it to be as relaxed and stress free an experience as possible. We understand this and strive to deliver exactly that.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,383
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 33696179. 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 Progression Property, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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