Summary - 94 ST BARNABAS ROAD MIDDLESBROUGH TS5 6BA
2 bed 1 bath Terraced
Two-bedroom buy-to-let with immediate rental income and refurbishment potential..
Long-term tenants in situ producing £7,800 gross annually
A straightforward buy-to-let in Middlesbrough offering immediate rental income and long-term occupancy. The mid-20th century terraced house has two bedrooms, a lounge, dining room and kitchen across a compact 1,023 sq ft layout, and a small private rear garden. It currently produces a gross annual income of £7,800 with tenants in situ, making it attractive to investors seeking an income-producing addition.
The property is freehold and sits in a residential terrace close to local shops, leisure facilities and several primary and secondary schools. The bay-fronted façade and traditional interior features (including a Victorian-style fireplace in the living room) provide character and straightforward refurbishment potential for modest capital investment.
Buyers should note material drawbacks: the property sits in a high-crime, deprived area and the plot is small. Interiors are described as dated and likely require updating to increase rental value or facilitate a resale; this is reflected in the price. The current tenants intend to remain, so any buyer must accept the tenancy terms and the income profile as-is. A buyer’s premium will apply to secure the property.
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