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Borough Road, Middlesbrough

PROPERTY TYPE

House

BEDROOMS

6

BATHROOMS

6

SIZE

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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

  • HMO LICENSED AND FULLY FURNISHED
  • CONSISTENT HISTORY OF BEING FULL
  • AN IDEAL ADDITION TO ANY INVESTORS PORTFOLIO - WE CAN ENSURE ITS AN EASY HANDS OFF EXPERIENCE BY MANAGING THE PROEPRTY FOR YOU
  • YEILD OF OVER 15%
  • ALL ROOMS HAVE SECURE ENTRY TELECOM HANDSETS
  • DOWNSTAIRS CLOAKROOM / W.C. AND UTILITY ROOM OFF SET FROM THE LOUNGE.
  • ALL ROOMS HARDWIRED FOR THE INTERNET.
  • GAS CENTRAL HEATING AND UPVC DOUBLE GLAZING THROUGHOUT
  • 2 SINKS AND 2 HOBS / OVENS IN THE KITCHEN.

Description

A GROSS YIELD OF 15% AT GUIDE PRICE COURTESY OF A RENTAL RETURN OF £27,936 AT ITS NOW FULL CAPACITY - A FULLY LET 6 BEDROOM THREE STOREY HMO PROPERTY SET ON ONE OF MIDDLESBROUGH'S MOST PROMINENT THOROUGHFARES, A MATTER OF 5 MINUTES WALK FROM THE UNIVERSITY OF TEESSIDE.
THE ROOMS ARE ALL EN-SUITE AND FURNISHED TO A GOOD STANDARD. THE PROPERTY ALSO OFFERS A COMMUNAL LOUNGE AND KITCHEN TO THE GROUND FLOOR / AN IDEAL INVESTMENT, HAVING A LONG HISTORY OF BEING FULL AND CURRENTLY GENERATING A MONTHLY INCOME OF £2,328 (including bills with £40 per room bill allowance within each rooms rental figure)

Room 1 –Let at £390pcm to Aug 2025
Room 2 –£380pcm - application proceeding
Room 3 –Let at £368.33 for 12 months Starting August 25
Room 4 –Let at £411.66pcm to Aug 25
Room 5 -Let at £368.33pcm to aug 25
Room 6 -Let at £411.66 for 12 months Starting August 25

Entrance Hall -

Bedroom 1 - With Ensuite Facilities -

Kitchen -

Lounge -

Utility Area / Lobby -

Downstairs W.C. -

First Floor -

Landing -

Bedroom 2 - With Ensuite Facilities -

Bedroom 3 - With Ensuite Facilities -

Bedroom 4 - With Ensuite Facilities. -

Second Floor -

Bedroom 5 - With Ensuite Facilities -

Bedroom 6 - With Ensuite Facilities -



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.
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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
%
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Years
%
Monthly repayments
£838
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 34003857. 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.
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