ROI = 15% BMV = 2.08%
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Description
Long Term Social Housing Opportunity, Offering FRI Lease with CPI Based Annual Increase Well located in central Middlesbrough lies this two bedroomed mid-terrace property, within walking distance to many amenities including the town centre, Albert Park, Teesside University and Middlesbrough train station.Ground Floor - an entrance hall, open plan lounge/diner, kitchen and bathroom consisting of a toilet, pedestal hand wash basin and panel bath with overhead shower and fitted shower curtain.First Floor - two double bedrooms. Externally - to the front, the property faces out onto the road which has on-street parking for permit holders available. To the rear, a small courtyard with external access to the rear alley. Buyers Premium Fee Applicable - £5,500+VAT For Property and Social Lease Set-Up Via Horizon Property Group
Find out MoreProperty Details
- Property ID: 158836475
- Added On: 2025-02-28
- Deal Type: For Sale
- Property Price: £65,000
- Bedrooms: 2
- Bathrooms: 1.00
Amenities
- Central Middlesbrough Terraced Property
- Two Generously Sized Bedrooms
- Recently Tenanted (History of Regular EICR
- CP12 and EPC)
- Ideal Buy To Let Investment Opportunity
- Fit for FRI Social Housing Lease (Via Horizon Property Group)
- Modernised Bathroom
- Neutral Decor Throughout
- Projected Rental Income of £675PCM (Yield of 12%)
- Projected Social Housing Income of £700PCM With Annual CPI Increase (Yield of 12.9%+)
- Buyers Premium Fee Applicable
