>
3 bedroom terraced house for sale
Borough Road, Middlesbrough
£290,000
Borough Road, Middlesbrough
£290,000
Our Summary
- 7% CURRENTLY OR 11% WHEN VACANT FLAT LET**BEING LOCATED IN A PROMINANT & CENTRAL POSITION WITHIN MIDDLESBROUGH' TOWN CENTRE, THIS SIGNIFICANTLY EXTENDED MIXED COMMERCIAL & RESIDENTIAL OPPORTUNITY OFFERS GREAT SCOPE FOR DEVELOPMENT / ENHANCEMENT WHILST CURRENTLY ENJOYING A GENEROUS INCOME 'AS IS'
Description
This mixed-use property in Middlesbrough's town center offers a unique opportunity for development or enhancement, with a current income of £25,200 per annum that will increase to £31,800 per annum when the vacant flat is let. The ground floor retail area is currently occupied by a beauty business with an 8-year lease, while the three self-contained one-bedroom apartments above offer lounge/kitchen, double bedroom, and bathroom accommodations. The property is located in a central position, within walking distance to the University of Teesside, main shopping district, bus station, and train station, as well as close to the A19 and A66 roadlinks.