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12 bed property, in Borough Road, £247,500
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12 bed property

Borough Road, Middlesbrough, North Yorkshire, TS1
£247,500
-50.0%

Price History

Initial price £495,000
May 22, 2026 £247,500
Price Change -50.0%

Our Summary

  • Fantastic Investment Opportunity - Two Six Room Student HMO - within Teesside University campus
  • Proven gross rental income of circa £68,400 pa with potential for increase

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Description

The property is a two-unit six-room student HMO located within the Teesside University campus. Each of the six bedrooms has a private ensuite and study space, and the property also features a spacious open-plan communal living, dining, and kitchen area. The property is presented well and offers a convenient location for students and working professionals, with a proven gross rental income of circa £68,400 per year and an achievable gross yield of 13%.

The property has an EPC rating of C and is offered as a 999-year leasehold.