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Victoria Road, Middlesbrough TS1 5 bed house of multiple occupation for sale
Victoria Road, Middlesbrough TS1
£165,000
Victoria Road, Middlesbrough TS1
£165,000
Our Summary
- Property Overview:Discover an exceptional investment opportunity with this attractive 5-bedroom House in Multiple Occupation (HMO) located in the heart of Middlesbrough
- Turnkey Investment: This HMO is a hassle-free investment, ready for you to take over without the need for any immediate renovations or updates
- Investment Potential:This property presents a fantastic opportunity for investors looking to expand their portfolio in the thriving student rental market of Middlesbrough
- To truly appreciate the appeal and potential of this property, viewings are highly recommended
- Contact us today to schedule a viewing or for more information about this outstanding investment opportunity
Description
This attractive 5-bedroom House in Multiple Occupation (HMO) is an exceptional investment opportunity located in the heart of Middlesbrough, within walking distance of Teesside University. The property is fully licensed and tenanted with students, providing immediate rental income for the new owner. The HMO is turnkey ready, with no need for immediate renovations or updates, and features modern amenities including a fully fitted kitchen, communal living spaces, and updated bathrooms. With a proven rental history and high occupancy rates, this property presents a fantastic opportunity for investors looking to expand their portfolio in the thriving student rental market of Middlesbrough. The property is currently generating a gross rental income of £24,000 per year, with a gross yield of 15.48%, making it a lucrative addition for any investor.