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Gresham Road, Middlesbrough

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

862 sq ft

80 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

123GreshamRoadMiddlesbroughTS14LS-High (1).jpg
1

Key features

  • Tenure: Freehold
  • EPC Rating C
  • Council Tax Band A
  • Vacant Possession and Chain Free
  • Large 3 Bedroom Terraced Property - Potential To Convert to 2 Self-Contained Flats
  • Projected Social Housing Income of £1,100PCM
  • No Maintenance, No Management, No Voids
  • Guaranteed Annual Income of £13,200
  • All Set Up and Managed By Horizon Portfolio Building
  • Buyers Fee: £5,500 + VAT (includes property acquisition and lease arrangement via Horizon Property Group)

Description

Investment Overview
An excellent investment opportunity in the heart of Middlesbrough’s popular Newport Ward, just moments from Teesside University and the town centre. This large three-bedroom terraced house offers exceptional potential for conversion and strong long-term rental yields.

The property is available vacant and freehold, ready for refurbishment. Horizon Property Group can deliver a full conversion and refurbishment package to create two self-contained flats — ideal for social housing.

Social Housing Investment Option
Through Horizon Property Group, this property can be converted and leased under a Social Housing FRI Lease—a fully managed, hands-off investment offering secure income and no maintenance or management costs.

Projected Rental Income:
£1,100 PCM (via Social Housing FRI Lease)
Equivalent to £13,200 per annum guaranteed
No voids, no maintenance, no management fees

Next Steps
All interested investors must submit:
Proof of ID
Proof of Funds
These are required prior to viewings or offer submissions.

For further details, refurbishment packages, or to discuss the Social Housing Lease option, contact Horizon Property Group today.

Buyers Fee: £5,500+VAT (covers property acquisition & social lease arrangement)

Brochures

Gresham Road, 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: A
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.
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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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Gresham Road, Middlesbrough

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About PROPERTY EXPRESS SALES, Middlesbrough

57 Gilkes Street, Middlesbrough, TS1 5EL

At Property Express, we're more than just your local estate agents - we're a dedicated team of property professionals who genuinely care about helping people find the right home, investment, or opportunity. Whether you're buying your first home, selling a family property, or looking to grow a high-performing portfolio, we're here to guide you every step of the way with warmth, honesty, and expertise.

We specialise in residential sales across the North East, combining deep local knowledge with a personalised, hands-on approach to ensure every client feels supported and confident throughout the process.

What truly sets us apart is our partnership with Horizon Property Group, which allows us to offer a unique and tailored service for property investors. From identifying below-market-value opportunities to sourcing turnkey investments and managing long-term rental strategies, we're proud to help both new and seasoned investors build successful portfolios with confidence.

Whether you're looking to sell, invest, or find your next home, we'd love to help. At Property Express, it's not just about property - it's about people, relationships, and long-term success

Your mortgage

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Monthly repayments
£402
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Disclaimer - Property reference 34290315. 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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