Grange Farm Road, Middlesbrough

NGU Homes are delighted to bring to the market this three-bedroom home, situated in the popular residential area of Grangetown, Middlesbrough, TS6, offered for sale with a tenant already in situ, currently paying £675 per calendar month and reflecting a yield of approximately 9%, a genuine hands off opportunity for portfolio investors.

Tenant in Situ- Perfect for Investors:

This property comes with rental income secured from day one, removing any void period or re letting costs for the incoming investor. The current tenancy provides an immediate, reliable return, making this a straightforward addition to any buy to let portfolio.

EPC rated C:

The property benefits from an EPC rating of C, offering reassurance of lower ongoing energy costs compared to many similar homes on the market, a genuine benefit for tenants and a helpful factor in maintaining strong demand.

Well connected Grangetown location:

The property sits within easy reach of local amenities. South Bank railway station is approximately 1.25 miles away, around a 5 minute drive, providing direct rail links into Middlesbrough. Middlesbrough town centre itself is roughly 3.4 miles away, around a 10 to 12 minute drive, offering a wide range of shops, dining and leisure facilities. James Cook University Hospital is approximately 3 miles away, around a 10 minute drive, and Redcar town centre and coastline are roughly 3.3 miles away, also around a 10 to 12 minute drive, making this a well placed base for tenants wanting access to both Middlesbrough and the Teesside coast.

Upon entering, you are welcomed into a bright hallway, leading through to the spacious living room, finished with neutral décor and patio doors opening onto the rear garden.

The kitchen is fitted with a range of warm wood effect wall and base units, contrasting dark worktops, a gas hob with oven beneath, and space for further appliances.

To the ground floor, there is also a handy separate WC, finished with a modern two piece suite and tiled flooring.

To the first floor, the property offers three carpeted bedrooms, all neutrally decorated, one benefiting from a striking feature wallpapered wall and pleasant outlook to the front and rear.

The family bathroom comprises a white three piece suite with panelled bath, overhead shower, wash basin and WC, along with tiled flooring and part tiled walls.

Externally, the property benefits from a generous rear garden and a driveway to the side, as well as on-street parking.

Council Tax Band: B (Redcar & Cleveland Council)
Tenure: Freehold