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5 bedroom terraced house for sale
113 Victoria Road, Middlesbrough, Cleveland, TS1 3HX
£140,000
113 Victoria Road, Middlesbrough, Cleveland, TS1 3HX
£140,000
Our Summary
- Guide Price £140,000 - £190,000 * PLUS 5% BUYERS PREMIUM OR MINIMUM OF £5000 + VAT For sale by unconditional online auction on the 30th of July 2025
- Description Property Overview Location: 113 Victoria Road, Middlesbrough, TS1 3HX Property Type: 5-Bed Housing of Multiple Occupancy (HMO) Bedrooms: 5 Bathrooms: 1 Tenure: Freehold Tenancy Status: Partially Let Investment Strategy: HMO / Buy-to-Let Fully refurbished Key Features HMO Investment Potential for High Returns Partially Let Opportunity to Increase Rental Income Prime Location in a High-Demand Rental Area Strong Potential for Long-Term Capital Growth Close to Key Transport Links, Shops & Universities Full Legal Pack Available for Quick Purchase Completion in as little as 28 Days Projected Investment Figures (If Fully Let at Market Rent) Market Rental Potential: £1,750 PCM / £21,000 PA Projected Gross Yield: 11
- 35% Potential for Capital Growth: High Value-Add Potential: Increase occupancy to achieve full market rent potential
- Rental Uplift Strategy: Increase occupancy to achieve full market rent potential
Description
This property is a 5-bedroom Housing of Multiple Occupancy (HMO) located on Victoria Road in Middlesbrough, TS1 3HX. The property is being sold by unconditional online auction on July 30th, 2025, and is expected to fetch a price between £140,000 and £190,000, plus a 5% buyer's premium or a minimum of £5,000 + VAT. The property is fully refurbished and has a partially let tenancy status, offering an immediate income stream with further growth potential. With a projected gross yield of 11.35% and potential for capital growth, this property presents a high-yield investment opportunity. The location is prime, with proximity to key transport links, shops, and universities, making it an attractive option for tenants. The property also offers flexibility, with the option to convert to a long-term single tenancy or increase occupancy to achieve full market rent potential.