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Borough Road, Middlesbrough TS1 5 bed terraced house for sale
Borough Road, Middlesbrough TS1
£325,000
Borough Road, Middlesbrough TS1
£325,000
Our Summary
- At the time of writing the property is at full occupancy and offers an ideal investment opportunity
Description
This period terraced property in central Middlesbrough has been converted into five self-contained apartments across three floors, each with a monthly rent of approximately £650. The property offers a yield of around 11% and benefits from an enclosed rear yard, two off-street parking spaces to the rear, and one to the front. The apartments, located on the ground, first, and second floors, feature one bedroom with an en-suite shower room and an open-plan kitchen/lounge area, with kitchens fitted with modern appliances. The property has an addressable fire alarm system and is situated in the heart of Middlesbrough town centre, close to transport links, retail areas, dining options, and Teesside University. With all apartments currently occupied, this property presents an attractive investment opportunity.