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3 bedroom semi-detached house for sale
38 Roseberry Crescent, Middlesbrough, Cleveland, TS6 8ER
£55,000
38 Roseberry Crescent, Middlesbrough, Cleveland, TS6 8ER
£55,000
Our Summary
- Guide Price £55,000 - £75,000 * PLUS £4000+ Vat BUYERS PREMIUM OR MINIMUM OF £4000 + VAT For sale by unconditional online auction on the 26th of February 2025
- Investment Opportunity High-Yield Buy-to-Let Property Description Property Overview Location: 38 Roseberry Crescent, Middlesbrough, TS6 8ER Property Type: 3-Bed Terraced House Bedrooms: 3 Bathrooms: 1 Tenure: Freehold Tenancy Status: Private Tenancy in Place Investment Strategy: Buy-to-Let Key Features High-Yield Investment Strong ROI from Day One Currently Tenanted Immediate Rental Income Potential to Increase Rental Income to Market Rate Growing Rental Demand in the Middlesbrough Area Well-Maintained Property in a Desirable Rental Location Comparable Market Value: £90,000 Close to Key Transport Links, Local Amenities & Employment Hubs Full Legal Pack Available for Quick Purchase Completion in as little as 28 Days Current Investment Figures Current Rental Income: £600 PCM / £7,200 PA Current Gross Yield: 9
- 40% Potential for Capital Growth: Medium Value-Add Potential: Rental Uplift to Market Rate Investment Strategy & Exit Options Buy-to-Let: Secure long-term passive income with a tenanted property
- Rental Uplift Strategy: Potential to increase rental income in line with the market
- 40% at Market Rent) Growing Demand for Quality Rental Properties in the Area No Chain Fast, Hassle-Free Completion Available Low Maintenance, Turnkey Investment Opportunity Interested
Description
This property is a 3-bedroom terraced house located in Middlesbrough, TS6 8ER, and is being sold through an unconditional online auction with a guide price of £55,000-£75,000 plus a buyers' premium of £4,000+VAT. The property is currently tenanted, generating £600 per calendar month, with a gross yield of 9.60%. The property has a strong potential for capital growth and rental uplift, with a comparable market value of £90,000. The location is desirable, with proximity to key transport links, local amenities, and employment hubs. The property is being sold with a full legal pack available, with completion in as little as 28 days. The seller is motivated to sell and is looking for a quick purchase, making it an attractive opportunity for investors seeking a high-yield buy-to-let property.