Parliament Road, Middlesbrough, TS1 4JU

What we are bringing you today is a highly attractive cash flowing House of Multiple Occupation. Centrally situated in the heart of Middlesbrough.

Offered for sale through Modern Method of Auction this place is fully occupied and achieving a monthly income of £2,375 a current yield above 13%. 

'Auctioneers Comments:'

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.'

Lets talk through what's on offer here.

INTERNALS;

The property was renovated in 2021 and has been maintained to a very good standard over the years. Please note this is NOT located in a Selectiv Licensing area with a HMO licence being consistently granted.

The property has been cleverly designed to allow for 6 Bedrooms, 3 with en-suite facilities aswell as a Master Bathroom, Kitchen and Reception Room.

The ground floor Kitchen space comes with a range of high gloss wall and floor mounted base units, stylish overhead spotlights and built in cooker with stainless steel extraction unit. Also benefitting from a central contemporary island with complimenting laminate flooring and casual seating. The Kitchen also provides access to the external space and rear ground floor Bedroom.

The Master Bathroom suite comes with panelled bath with overhead shower, freestanding sink unit and w/c. A brand new Gas Boiler system is housed here with extended warranty and with grey oak laminate flooring and frosted uPVC double glazed side window.

The range of En suite Bathrooms include, walk in shower cubicles, w/c and freestanding sink unit. Designed with mosaic laminate flooring and neutral appearance for a bright and airy space.

The Bedroom spaces are of varying sizes and all come with convector radiator heating, grey carpet flooring and uPVC double glazed windows for rear, front and side elevation. Walls have been papered to give tenants a homely feel and come with fresh white skirting and space for a range of storage and furnishings.

The Ground Floor once operated as a Retail space and could easily be converted back should the purchaser decide to do so. 

PLEASE NOTE: NEWLY INSTALLED GAS CENTRAL HEATING, uPVC DOUBLE GLAZED WINDOWS AND HIGH-QUALITY FIRE DOORS ARE STAPLES THROUGHOUT THIS PROPERTY. AS IS MODERN FRESH GREY CARPETS, NEUTRAL PRESENTATION AND WHITE SKIRTING.

LOCATION, LOCATION, LOCATION - Middlesbrough is a town situated in the borough of North Yorkshire a short drive from such neighbouring towns as Stockton On Tees, Hartlepool and Darlington among others. Famous for its hard working and industrial heritage the town is going through a resurgence as of late with vast amounts of visitors coming to see the sights and study at the highly regarded Teesside University. This property is situated a short distance from the hustle and bustle of Linthorpe Road and Middlesbrough Town Centre with access links across the country. It really doesn't get better than this turnkey property.

SO WHO'S IT FOR? This is an incredibly attractive proposition to both budding and experienced Investors. No work is required here this place is ready to go and to an exceptional standard. Whether catering to the student market, working professionals contractors or as a central Holiday Let

Houses with such style rarely become available, don't miss out and book your viewing today!

EweMove Estate Agents Middlesbrough are a multi aware winning agency who offer flexible viewing appointments Including evening & weekends! You can call, text, WhatsApp message or email us to secure your booking, get in touch today.

Bedroom 1

5.03m x 3.25m - 16'6" x 10'8"

Kitchen

6.54m x 4.17m - 21'5" x 13'8"

Living Room

3.82m x 3.25m - 12'6" x 10'8"

Bedroom 2

4.72m x 2.28m - 15'6" x 7'6"

Bedroom 4

4.4m x 4.18m - 14'5" x 13'9"

Bedroom 3

3.78m x 2.58m - 12'5" x 8'6"

Bathroom

2.26m x 2.14m - 7'5" x 7'0"

Bedroom 5

4.18m x 3.83m - 13'9" x 12'7"

Bedroom 6

3.78m x 2.58m - 12'5" x 8'6"