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3 bedroom terraced house for sale
32 Cleveland Street, Normanby, Middlesbrough, Cleveland, TS6 0LU
£60,000
32 Cleveland Street, Normanby, Middlesbrough, Cleveland, TS6 0LU
£60,000
Our Summary
- Guide Price £60,000 - £80,000 * 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: 32 Cleveland Street, TS6 0LU 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: £595 PCM / £7,140 PA Current Gross Yield: 9
- 00% 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 Cleveland Street, TS6 0LU. The property is fully tenanted and ready for letting, with a current rental income of £595 PCM, generating a gross yield of 9.15%. The property is situated in a prime location with strong rental demand, close to key transport links, shops, and amenities. The current owner is willing to sell through unconditional online auction, with a guide price of £60,000-£80,000, plus a 5% buyer's premium or a minimum of £5,000 + VAT. The property offers a range of investment strategies, including buy-to-let, HMO, serviced accommodation, and flip opportunities, making it an attractive option for investors looking for a turnkey investment with immediate rental income.