Summary - 3 COLTMAN STREET MIDDLESBROUGH TS3 6JA
3 bed 1 bath Terraced
**Standout Features:**
- **Exceptional Investment Opportunity:** Guaranteed rental income for 3 years with an option for a 5-year extension.
- **Spacious Accommodation:** Two large bedrooms and an additional reasonable-sized room, perfect for various tenant needs.
- **Prime Location:** Close to Middlesbrough town center, excellent transport links, and local amenities.
- **Investment Demand:** Situated in a high-demand rental area, ensuring strong tenant interest.
**Concerns:**
- **Property Condition:** Requires modernization and exterior repairs, with noted damp issues.
- **High Crime Rate:** The area has a very high crime rate and is classified as deprived, which may affect long-term value and tenant choice.
- **Small Plot Size:** The property sits on a very small plot, limiting outdoor space.
Embrace this remarkable investment opportunity that promises not only a reliable rental income but also growth potential in an evolving neighborhood. This Victorian end-terrace home, featuring spacious living areas, is ripe for refurbishing, inviting investors to unleash their creativity. Located steps from local amenities and with the added benefit of excellent transport links, this property appeals to both families and students.
While the property does require some modernization, and potential buyers should be aware of existing damp concerns and the area's high crime rate, the low entry price of £55,000 offers an appealing pathway into property investment. With nearby schools rated 'Good' and a wealth of local conveniences, this home represents a unique opportunity to secure your financial future in a burgeoning market. Don't miss the chance to capitalize on this investment—secure your viewing today!
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