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Borough Road, Middlesbrough TS1 15 bed terraced house for sale
Borough Road, Middlesbrough, TS1
£525,000
Borough Road, Middlesbrough, TS1
£525,000
Our Summary
- An excellent investment opportunity
Description
This mid-terraced property in Middlesbrough town centre offers an excellent investment opportunity, generating an annual yield of approximately 13%. The property has been extended and upgraded to provide 15 en-suite bedrooms, spread across three floors, each with a communal kitchen. The property also features two parking spaces to the front and rear, making it an ideal location for students attending Teesside University. The property is currently licensed as a House in Multiple Occupation (HMO) and is fully occupied, providing a steady income stream. The property has been fitted with modern amenities, including an addressable fire alarm system and smart heaters, making it a comfortable and secure living space for tenants. With its central location, proximity to transport links, retail areas, and dining options, this property is an attractive investment opportunity for those looking to generate a strong return on investment.