Summary - 20 CLOUGH CLOSE MIDDLESBROUGH TS5 5DW
2 bed 1 bath Apartment
**Standout Features:**
- Two-bedroom first-floor apartment (506 sqft)
- Balcony and allocated off-street parking
- Tenanted with a professional couple at £575/month (potential to increase to £650)
- Sought-after location in Linthorpe, TS5
- Close proximity to Middlesbrough Town Centre, transport links, and amenities
- Current gross yield of 9.38%, potential yield of 10.6%
- Service charge and ground rent totaling £1,015.84 every six months
- Modern apartment in a well-maintained block with communal garden
**Potential Concerns:**
- High crime rate in the area
- Ongoing service fees applicable (buyers fees included)
This two-bedroom first-floor apartment presents an excellent investment opportunity in the desirable Linthorpe area. With a current tenancy in place offering a steady income of £575 PCM, this property boasts a healthy gross yield of 9.38%, with the potential to increase rent to £650 upon review. The modern living space is filled with natural light and includes a comfortable living room and two double bedrooms, perfect for individuals or couples seeking a blend of convenience and community.
Situated close to Middlesbrough Town Centre, residents enjoy easy access to a range of amenities, public transport routes, and reputable schools, making it a prime choice for families. Although the area has a high crime rate, the property is secure, nestled within a landscaped communal garden, enhancing the overall appeal. The apartment is sold as seen, inviting both first-time buyers and seasoned investors to envision its potential. Act now to take advantage of this unique opportunity—properties like this don't stay on the market for long!
2 bedroom apartment for sale in Clough Close, Middlesbrough, TS5 — £59,000 • 2 bed • 1 bath • 484 ft²
1 bedroom flat for sale in Maddren Way, Middlesbrough, TS5 — £50,000 • 1 bed • 1 bath • 453 ft²
2 bedroom apartment for sale in Clough Close, Middlesbrough, TS5 — £58,000 • 2 bed • 1 bath • 646 ft²
2 bedroom flat for sale in Harrow Road, Middlesbrough, North Yorkshire, TS5 — £90,000 • 2 bed • 1 bath • 593 ft²
2 bedroom apartment for sale in Lytton Street, Middlesbrough, TS4 — £79,950 • 2 bed • 2 bath • 657 ft²
2 bedroom apartment for sale in Lytton House, Middlesbrough, TS4 — £65,000 • 2 bed • 2 bath • 624 ft²
