ROI = 10% BMV = -2.76%
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Description
This well presented 3 bedroom, 2 reception home on Wellesley Road offers an exceptional investment opportunity in one of the best locations in Middlesbrough. Currently generating a full monthly income of £1460, including bills, it is fully let to students with a solid history of consistent rental income. The property is ideally situated, just a stone throw from Teesside University and a short walk to Middlesbrough town centre, making it highly attractive to tenants. The home is in excellent condition, requiring no immediate work, and offers a hassle free rental experience. What makes this investment even more appealing is that its fully managed by us Joseph Harris, providing peace of mind with professional management and maintenance. The property is also conveniently located near public transport links, ensuring easy access to the wider areas. Whether you're looking for a reliable, high return investment or a property that's ready to go, this one offers everything you need for a perfect investment. If you're seeking a property that ticks all the boxes, this is the one for you!
Find out MoreProperty Details
- Property ID: 157268318
- Added On: 2025-01-23
- Deal Type: For Sale
- Property Price: £120,000
- Bedrooms: 3
- Bathrooms: 1.00
Amenities
- Full monthly income is £1460 this includes bills.
- Very close to Teesside University
- Currently let out to students
- Excellent condition
- Buyers premium fee applies
- Property currently managed by Joseph Harris Estate Agents
- A short walk to Middlesbrough town centre
- Close to public transport
- A great investment opportunity
- If your looking for a complete hands off investment this is for you!
