Central TS1 renovation project with strong student rental potential and low council tax.
- Freehold Victorian mid-terrace with bay-front character
- 2 bedrooms, one bathroom; four approximate rooms
- Priced for renovation; requires cosmetic and likely structural works
- Solid brick walls assumed without insulation
- Double glazing present; installation date unknown
- Mains gas boiler and radiators for heating
- Very deprived area with high local crime rates
- Close to Teesside University, town centre and transport links
A compact two-bedroom Victorian mid-terrace in TS1, offered freehold and priced for renovation. The property sits close to Teesside University, town centre amenities and transport links, making it well placed for student or young-professional lettings.
The house retains period red-brick bay-front character and has double glazing (install date unknown), mains gas boiler and radiators, and solid brick walls likely without cavity insulation. Internally it needs cosmetic and more substantial works — the property is marketed as requiring renovation, so buyers should allow budget for repairs and upgrades.
This is primarily an investor proposition: the local rental market is strong and the property can suit buy-to-let or HMO conversion, subject to planning and licensing. Be aware the surrounding area is very deprived with high local crime rates; this affects management, tenant risk and insurance costs. Council tax is very low, and mobile and broadband connectivity are good.
Viewing and purchase are best for buyers who can take on a hands-on renovation and lettings management challenge to unlock rental yield potential in a central TS1 location.
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