Belle Vue Grove, Middlesbrough
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
1
- SIZE
1,303 sq ft
121 sq m
- TENUREDescribes 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
- ***CASH BUYERS ONLY!***
- Two Reception Rooms
- A Blank Canvas for Investors/Homeowners Looking to Fully Modernise & Customise the Property
- Four Spacious Bedrooms, Offering Excellent Potential for Family Living or Rental Opportunities
- Convenient Location
- Gardens to Front & Rear
- Available With No Onward Chain
- Vacant Possession
- Spacious Accommodation Throughout
- Buyer's Premium Fees Apply!
Description
Positioned in the heart of Middlesbrough, Belle Vue Grove presents a standout opportunity for investors seeking a high-yield BRRR or serviced accommodation project with significant uplift potential. This four-bedroom mid-terrace property requires full refurbishment throughout, offering a blank canvas to add value and maximise returns.
Located within close proximity to James Cook University Hospital and its associated train station, the property benefits from strong rental demand and excellent transport links, while also being within easy reach of Middlesbrough town centre and its wide range of amenities.
With the right vision, this property can be transformed into a modern five-bedroom serviced accommodation unit, perfectly suited to the growing demand from healthcare professionals and short-term tenants.
Investment Breakdown:
Purchase Price: £70,000
Refurbishment: £65,000
GDV: £170,000
Projected Returns:
Serviced Accommodation Income: £2,300 PCM
Yield: 17.35%
Return on Capital (Post-Refinance): 63.74%
Key Highlights:
4-Bedroom Terrace | Potential 5-Bed SA Unit
No HMO Licence Required
Potential to reclaim SDLT due to property condition
Strong location near major employment hub
For investors seeking a hands-off approach, full deal support is available, including:
? Sale progression
? Full refurbishment & project management
? Serviced accommodation setup & management
? Refinance support
This is a rare opportunity to secure a high-performing investment with substantial upside in a prime rental location.
Buyer’s Premium: £4,000 + VAT
Opportunities like this are in high demand—act quickly to secure this deal.
Brochures
Belle Vue Grove, Middlesbrough- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Belle Vue Grove, Middlesbrough
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Visit our security centre to find out moreDisclaimer - Property reference 34086924. 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 PROPERTY EXPRESS SALES, 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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