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2 bedroom terraced house for sale
57 Errington Street, Brotton, Saltburn-by-the-Sea, Cleveland, TS12 2TA
£45,000
57 Errington Street, Brotton, Saltburn-by-the-Sea, Cleveland, TS12 2TA
£45,000
Our Summary
- Guide Price £45,000 - £60,000 For sale by unconditional online auction on the 29th of May 2025
- 71% Description Property Overview Location: 57 Errington Street, TS12 2TA Property Type: 2-Bed Terraced House Bedrooms: 2 Bathrooms: 1 Tenure: Freehold Status: Tenanted Investment Strategy: Buy-to-Let Key Features High-Yield Investment Strong ROI from Day One Fully Tenanted Immediate Rental Income Stable Rental Market with Strong Demand Low Maintenance, Turnkey Investment Opportunity Comparable Market Value: £75,000 Close to Key Transport Links, Shops & Amenities Full Legal Pack Available for Quick Purchase Completion in as little as 28 Days Projected Investment Figures (If Market Rent is Achieved) Market Rental Potential: £550 PCM / £6,600 PA Projected Gross Yield: 9
- 71% Potential for Capital Growth: Medium Value-Add Potential: Secure long-term tenancy with rental growth potential
- Capital Growth Potential: Strong rental market with potential for future appreciation
- Desirable Rental Location with Consistent Demand No Chain Fast, Hassle-Free Completion Available Low Maintenance, Turnkey Investment Opportunity Interested
Description
This 2-bedroom terraced house in Middlesbrough is being sold by unconditional online auction with a guide price of £45,000-£60,000. The property is fully tenanted, generating an immediate rental income of £550 per month, and has a projected gross yield of 9.71%. With a low maintenance and turnkey investment opportunity, the property is ideal for buy-to-let investors seeking strong returns. The property is located in a desirable area with consistent rental demand, close to key transport links, shops, and amenities. With a full legal pack available and completion possible in as little as 28 days, this is a hassle-free investment opportunity. The property also has potential for capital growth and rental growth, making it an attractive option for investors looking to expand their portfolio.