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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 upgraded and extended mid-terraced property in Middlesbrough town centre offers a lucrative investment opportunity, generating an annual yield of approximately 13%. The property has 15 en-suite bedrooms across three floors, with each floor featuring a communal kitchen and dining area. The property also comes with two parking spaces to the front and rear, making it an attractive option for students and professionals alike. The property is located in the heart of the town centre, within walking distance to Teesside University, transport links, and local amenities. The property is currently licensed as a House of Multiple Occupation (HMO) and is fully occupied, providing a steady income stream for investors. With its modern amenities, including an addressable fire alarm system and smart heaters, this property is an excellent choice for those looking to invest in a reliable and profitable asset.