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6 bedroom terraced house for sale
Albert Terrace, Middlesbrough, TS1
£160,000
Albert Terrace, Middlesbrough, TS1
£160,000
Our Summary
- Discover an exciting investment opportunity with this spacious SIX BEDROOM VICTORIAN property, situated in the prime location of Middlesbrough town centre, just a short distance from Teesside University
- Though the property requires some renovation, it offers substantial potential for development
- There is ample scope to convert each bedroom into a self-contained en-suite, enhancing its appeal and rental value
- The location, combined with the HMO license and potential for en-suite conversions, positions this property as a compelling choice for investors seeking a high-yield asset in a popular student area
Description
This spacious six-bedroom Victorian property in Middlesbrough town centre offers a lucrative investment opportunity, particularly for the student rental market. Already licensed for a House in Multiple Occupation (HMO), the property requires some renovation but has substantial potential for development, including converting each bedroom into a self-contained en-suite. With the possibility of renting each room for approximately £450 per month, this investment could yield significant returns. The property retains many of its period features, providing a unique blend of charm and character that can be enhanced through thoughtful updates. Its prime location, combined with the HMO license and potential for en-suite conversions, makes it an attractive choice for investors seeking a high-yield asset in a popular student area.