Freehold 2-bed near Teesside University — investment/refurbishment potential with licensing note.
- Freehold two-bedroom terraced house, no onward chain
- Close to Teesside University and town centre, strong rental demand
- UPVC double glazing and gas combi central heating
- Ground-floor bathroom and rear enclosed yard
- Dated interior; requires updating and cosmetic refurbishment
- Property in selective licensing zone; licence costs may apply
- Very high local crime and very deprived area; higher management risk
- Very small plot size, average internal area (~663 sq ft)
A two-bedroom terraced house in the heart of Middlesbrough, offered freehold with no onward chain. Its location minutes from Teesside University and the town centre gives clear rental demand from students and short-term tenants. The property includes a ground-floor bathroom, rear enclosed yard and gas central heating via a combi boiler.
The interior is dated and will need updating — floral carpet and mid‑20th century fittings indicate a straightforward refurbishment opportunity rather than a move‑in ready home. The property’s average internal size (about 663 sq ft) and compact plot suit an investor or buyer planning a modest renovation to increase rental value or resale potential.
Buyers should note material considerations: the house sits in a selective licensing zone (additional costs and licence requirements may apply), the neighbourhood records very high crime and very high deprivation, and the plot is very small. These factors influence management overheads and rental strategy but are reflected in the asking price, making this an option for hands-on investors seeking yield and refurbishment potential.