Percy Street, Middlesbrough TS1 3 bed terraced house for sale

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Percy Street, Middlesbrough TS1 3 bed terraced house for sale

Percy Street, Middlesbrough TS1
£85,000

Our Summary

  • The room is neutrally decorated, providing a blank canvas for personalization
  • Condition and Potential:
  • This 2 to 3 bedroom property is a prime investment opportunity, offering reliable rental income and the potential for further value enhancement

Description

This 2-bedroom property is a solid investment opportunity with excellent rental potential, currently achieving a monthly rental income of £720 and a gross yield of 10.2% on the asking price. The property is neutrally decorated and requires minimal upkeep, making it a hassle-free investment. With three bedrooms, a reception room, kitchen, and bathroom, it offers a comfortable living space for tenants. The location is sought-after, with excellent transport links, local amenities, and Teesside University nearby. The property is currently managed professionally, with an underwritten rent guarantee, and can be easily transferred to the new owner. This is a prime investment opportunity for both new and seasoned investors, offering a reliable rental income and potential for further value enhancement.