76 Southfield Road, Middlesbrough
- PROPERTY TYPE
Detached
- BEDROOMS
10
- BATHROOMS
10
- 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.
Freehold
Key features
- INVESTORS ONLY
- SOLD WITH SITTING TENANTS
- FLEXIBLE VIEWINGS
- EXCELLENT RETURNS OF JUST OVER 12% P/A
- NO GROUND RENT OR SERVICE CHARGES
- HURRY BEFORE THIS IS GONE
Description
Reception - Newly painted white walls brighten the room, complemented by a wooden flooring. A large window lets in plenty of natural light.
Kitchen - Sleek, contemporary floor and base units in a dark grey, complemented by integrated appliances including a modern built-in oven and ceramic hob. Intergrated fridge freezer and washing machine. Light grey flooring adds a modern, clean aesthetic that ties the entire space together.
Bathroom - Crisp white finishes create a bright, clean ambience. The space features a modern toilet, a sleek wash basin with convenient storage underneath, and a contemporary shower enclosure. Stylish wall cladding completes the look, providing visual interest and practical wall protection in this compact, well-designed bathroom.
Bedroom One - Plush new carpet provides a welcoming touch underfoot. Freshly painted walls create a serene atmosphere. A well-positioned window offers natural light and potential views, while a discreet radiator ensures comfortable temperature control.
General Notes - Investment Opportunity – Five Self-Managed Flats with Sitting Tenants
An excellent opportunity to acquire a fully tenanted residential investment comprising five self-managed flats, offered for sale with the existing tenants in situ.
The property provides an immediate income stream, with a combined rental income of £2,575 per calendar month, equating to £30,900 per annum.
The accommodation is well maintained throughout, with clean and presentable kitchens and bathrooms, and is currently occupied by professional tenants.
The property and existing tenancy arrangements are stated to be compliant with the Renters’ Rights Act 2026, providing a ready-made investment opportunity for a purchaser looking to add an income-producing asset to their portfolio.
Investment Highlights
Five self-contained flats
Sold with sitting tenants
Professional tenant profile
Current combined rent: £2,575 PCM
Current annual rental income: £30,900
Clean, well-presented kitchens and bathrooms
Self-managed investment
Established rental income from completion
Property and tenancies stated to comply with current requirements
Rental Yield: The exact gross yield will depend on the asking/purchase price. For example, at a purchase price of £250,000, the £30,900 annual rent would represent a gross yield of approximately 12.36%.
This is an attractive opportunity for investors seeking an established, income-producing property with tenants already in occupation.
Brochures
76 Southfield Road, MiddlesbroughBrochure- 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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About PH Estate Agents, Middlesbrough
144 High Street Eston Middlesbrough TS6 9EN
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Visit our security centre to find out moreDisclaimer - Property reference 34901120. 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 PH Estate Agents, 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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