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2 bed property, in Cromer Street, £70,000
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2 bed terraced house

Cromer Street, Middlesbrough TS4
£70,000

Our Summary

  • High-Yield Conversion Project | TS4 Longlands | 17% Yield Potential Purchase Price: £70,000 Estimated Refurb: £7,000 | GDV: £110,000 Looking for a money maker with a low entry point
  • This 2 bedroom terrace on Cromer Street (TS4) is a strategic investment opportunity in a prime rental pocket
  • Unbeatable Yield: Potential for a 17% Gross Yield, significantly outperforming standard buy-to-lets

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Description

This property is a 2-bedroom terrace house on Cromer Street in TS4, situated on a quiet, no-through road. It is estimated to require a £7,000 refurbishment to convert it into a 3-bedroom shared accommodation, with an estimated gross development value of £110,000. The property is located within a short walk of Teesside University and close to Middlesbrough Town Centre, Albert Park, and local amenities in the Longlands area.