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Borough Road, Middlesbrough, North Yorkshire, TS1

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

6

BATHROOMS

6

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Floorplan 1
1

Key features

  • 6 Ensuite Bedroom
  • Spacious open plan living space
  • Modern Kitchen with built in appliances
  • Laundry room

Description

Fantastic Investment Opportunity - Six Room Student HMO - within Teesside University campus.

Offers over £300,000 for this fantastic investment property. Gross yield of 13%!!!


A well-presented six bedroom HMO property within the Teesside University Campus. Ideal for both students and working professionals. Each bedroom is generously sized and benefits from its own private ensuite and study space, offering comfort and convenience.

The property also features a spacious open plan communal living, dining and kitchen area, perfect for occupants to break away and mingle.

Proven gross rental income of circa £40,000 pa with potential for increase.
Achievable gross yield of 13% +

Nearby Points of Interest
Teesside University - Within close walking distance to all Green Zone University buildings and other Teesside Campus Zones. Very convenient location for the occupants in education.

Middlesbrough Institute of Modern Art (MIMA) - A contemporary art gallery offering exhibitions, events, and workshops.

Middlesbrough Town Hall - A historic venue hosting concerts, comedy shows, and civic events.

Albert Park - A large public park with a lake, sports facilities, and walking paths.

Cleveland Centre & Hillstreet Shopping Centre - Popular shopping destinations with a mix of high street and independent retailers.

Middlesborough train station.

EPC rating C

Offered as a 999yr Leasehold.
Seller also offering another six room investment property within the same building.
(Please make further enquiries with agent).
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, North Yorkshire, TS1

Approximate location
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Extension potential
Recently sold & under offer
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About Great Apartments and Homes, Manchester

Unit R1 Stainburn Road, Openshaw, Manchester, M11 2DN

Great Apartments & Homes are a privately owned letting agency specialising in the letting and management of both value and premium apartments and houses situated around the UK.

We specialise in offering a bespoke service managing the investment property portfolios for private landlords.

We market a range of both furnished and unfurnished properties readily available and kept well maintained and refurbished to a high standard.

Our aim is to provide a professional and friendly service for both landlords and tenants which we believe makes us stand out from the rest. All our viewings are conducted by one of our experienced, knowledgeable colleagues, who are able to offer any advice and information required.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,396
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 2727. 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 Great Apartments and Homes, Manchester. 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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