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Gresham Road, Middlesbrough TS1 3 bed terraced house for sale
Gresham Road, Middlesbrough TS1
£87,995
Gresham Road, Middlesbrough TS1
£87,995
Our Summary
- Investment OverviewAn excellent investment opportunity in the heart of Middlesbrough’s popular Newport Ward, just moments from Teesside University and the town centre
- This large three-bedroom terraced house offers exceptional potential for conversion and strong long-term rental yields
- The property is available vacant and freehold, ready for refurbishment
- Large 3 Bedroom Terraced Property - Potential To Convert to 2 Self-Contained Flats
Description
This investment opportunity is a large three-bedroom terraced house in Middlesbrough's popular Newport Ward, close to Teesside University and the town centre. The property is available vacant and freehold, offering exceptional potential for conversion and strong long-term rental yields. Horizon Property Group can deliver a full conversion and refurbishment package to create two self-contained flats, ideal for social housing. Alternatively, the property can be converted and leased under a Social Housing FRI Lease, providing a hands-off investment with a guaranteed income of £13,200 per annum, with no voids, maintenance, or management fees.