Redcar Road, Guisborough
- PROPERTY TYPE
House Share
- BEDROOMS
6
- BATHROOMS
7
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Description
Asking Price: £250,000
Potential Rental Income: £3,300 PCM (£39,600 per annum)
Potential Gross Yield: 15.84%
Partially Let - Significant Income Growth Potential
An outstanding opportunity to acquire a 6-bedroom HMO investment with excellent income potential. The property is partially let and offers scope to maximise returns as remaining rooms are occupied, making it an ideal investment for those seeking strong cash flow and long-term growth.
Investment Highlights
Freehold
6 Modern En-Suite Bedrooms
6 En-Suite Bathrooms
Downstairs bathroom
Large Modern Kitchen with Dining Area
Fully Equipped Laundry Room
Recent Fire Alarm & Emergency Lighting Service and Test Completed
Potential Rental Income of £39,600 Per Annum
Walking Distance to the Town Centre, Schools, College, Shops and Excellent Transport Links
With high-quality accommodation, strong tenant appeal and an impressive potential yield of 15.84%, this is a rare opportunity to acquire a ready-made HMO investment with further income potential.
Brochures
Redcar Road, Guisborough- 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: C
- 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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About Magnum Properties Ltd, Middlesbrough
144 Linthorpe Road, Middlesbrough, TS1 3RA
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Visit our security centre to find out moreDisclaimer - Property reference 34824605. 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 Magnum Properties Ltd, 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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