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8 bed terraced house
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Our Summary
- Investment Opportunity
- The property is in very good condition throughout and has significant value-add potential, with scope to convert up to five bedrooms into ensuite rooms if desired
- Key Investment Highlights:- 8-bedroom student HMO Directly opposite the University Annual income: £37,728 (£3,144 PCM) Bills included Existing ensuites with further conversion potential High-gloss modern kitchen Freshly painted throughout Prime TS1 location Strong student demand and instant income This is a huge investment opportunity in one of the most sought-after student locations in Middlesbrough
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Description
The property is a 8-bedroom student HMO located near the University, with an annual income of £37,728 (£3,144 PCM) and bills included. The accommodation is divided over three floors, with Bedrooms 1-6 on the ground and first floors, and Bedrooms 7-8 on the second floor. Each room has access to a shared bathroom, although rooms 1, 2, and 6 have private ensuites.
The ground floor features a high-quality kitchen with modern high-gloss units, and a separate utility room and WC. The property is in good condition, with freshly painted walls and has potential for further conversion of up to five bedrooms into ensuites.