4 bedroom flat for sale

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4 bedroom flat for sale

Sefton Road, Middlesbrough
£120,000

Our Summary

  • **A UNIQUE AND LUCRATIVE INVESTMENT OPPORTUNITY CONSISTING OF TWO SEPARATE APARTMENTS (THE UPPER BEING A DUPLEX) LOCATED WITHIN A DETACHED BUILDING WITHIN THORNTREE

Description

This detached block of two apartments offers a lucrative investment opportunity with a gross yield of 10%. The property is situated in Thorntree and consists of two separate apartments, one of which is a duplex, spread across three floors. Both apartments are currently let, generating a monthly return of £1100, which equals an annual return of £13,200. Each apartment has its own gas and electric connections, UPVC double glazing, and benefits from off-street parking to the front and a large garden to the rear. The property's location is ideal, close to Thorntree Academy, Cargo Fleet Lane, and the Trunk Road, providing easy access to Middlesbrough town centre and major road links.