Oval View, Middlesbrough, North Yorkshire, TS4
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- BATHROOMS
2
- SIZE
979 sq ft
91 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
- Three bedroom semi-detached property
- Being sold with the current tenant in situ
- Annual rental income of £12,000
- Freehold property
- net yield of 6.5%
- Newer build property
Description
* Freehold, 3-bedroom semi-detached home
* Two bathrooms / WC: one on the ground floor, one on the first floor
* Private gardens and off-street parking included
* Good condition and ready for let, giving immediate income
Financials & Yield Analysis
Metric Value
Purchase Price £185,000
Annual Gross Rental Income £12,000
Net Yield 6.5%
Key Reasons to Invest in 19 Oval View
1. Strong and Reliable Income
With a rent of £1,000 pcm, the property delivers consistent cash flow from day one. Net yield 6.5% is already above many "stable" markets.
2. Freehold with Strong Fundamentals
A freehold semi with two WC's, gardens, and parking - desirable for family lets, reducing void risk and increasing tenant appeal.
3. Growth Potential
Middlesbrough is outperforming many other North-East areas in terms of house price appreciation and rent growth. Coupled with relatively low entry costs, this means substantial upside in both capital gains and rental income.
4. Good Yield vs Local Averages
While TS4 is not the very highest yielding postcode in Middlesbrough (some TS3, TS1 generate more), this property's yield is solid given its condition, location, and lower risk profile. Risk vs reward looks favourable.
5. Regeneration & Demand
The wider Middlesbrough area benefits from regeneration projects, infrastructure improvement, and high rental demand (students, young professionals, families). These trends help ensure demand remains strong, lowering vacancy risk and supporting upward pressure on rents.
- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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
Oval View, Middlesbrough, North Yorkshire, TS4
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Visit our security centre to find out moreDisclaimer - Property reference Oval-View-Middlesbrough. 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 Pure, 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.
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