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3 bedroom terraced house for sale
51 Holmefields Road, Middlesbrough, Cleveland, TS6 0TB
£55,000
51 Holmefields Road, Middlesbrough, Cleveland, TS6 0TB
£55,000
Our Summary
- Guide Price £55,000 - £75,000 * PLUS 5% BUYERS PREMIUM OR MINIMUM OF £5000 + VAT For sale by unconditional online auction on the 26th of March 2025
- High-Yield 3-Bed Buy-to-Let Property Description Investment Opportunity High-Yield Property for Sale Property Overview Location: 51 Holmefields Road, TS6 0TD Property Type: Terrace House Bedrooms: 3 Bathrooms: 1 Tenure: Freehold Tenancy Status: Fully Let Investment Strategy: Buy-to-Let Key Features High-Yield Investment Strong ROI from Day One Fully Tenanted / Ready for Letting / Refurbishment Potential Competitive Room Rates / Market Rent Prime Location with Strong Rental Demand Close to Key Transport Links, Shops & Amenities Full Legal Pack Available for Quick Purchase Completion in as little as 28 Days Current Investment Figures Current Rental Income: £550 PCM / £6,600 PA Current Gross Yield: 9
- 14% Potential for Capital Growth: Medium Value-Add Potential: Refurbishment, Rent Increases Investment Strategy & Exit Options Buy-to-Let: Long-term passive income with stable rental returns
- Serviced Accommodation: Short-term rental potential for increased profits
- Turnkey investment with immediate rental income Growing rental market in a high-demand location Strong potential for long-term appreciation Hassle-free purchase with full legal pack available Secured sale with no chain & quick 28-day completion Interested
Description
This property is a high-yield 3-bedroom buy-to-let investment opportunity located in TS6 0TD, a prime location with strong rental demand. The property is fully tenanted and ready for letting, with a current rental income of £550 PCM, generating a gross yield of 9.30%. The property has potential for capital growth and value-add through refurbishment and rent increases. The investment strategy options include buy-to-let, HMO, serviced accommodation, and flipping. The property is being sold through unconditional online auction on March 26, 2025, with a guide price of £55,000-£75,000 plus a 5% buyer's premium or a minimum of £5,000 + VAT. The sale includes a full legal pack, allowing for a quick and hassle-free purchase with a 28-day completion.