Summary - 94 ST BARNABAS ROAD MIDDLESBROUGH TS5 6BA
2 bed 1 bath Terraced
Long-term tenants and steady rental income in a compact urban location.
Freehold two-bedroom mid-20th century terraced house
A straightforward two-bedroom mid-20th century terraced house in TS5, offered freehold with long-term tenants in situ. The property currently produces a gross annual rental income of £7,800, equating to a gross yield of about 7.3% at the asking price of £107,000 — a clear starting point for a buy-to-let portfolio.
Accommodation is traditional: lounge with bay window, separate dining room and kitchen, two first-floor bedrooms and a single bathroom. The plot is compact with a small private rear garden and on-street parking only. The house is presented as a practical rental unit rather than a high-spec family home and will suit investors or developers looking for steady income or light refurbishment potential.
Material considerations are factual: the area scores high for crime and is classified as deprived locally, which affects tenant demand and resale prospects. The property is let to reliable long-term tenants who have indicated no intention to leave; any purchaser must take that into account. A buyers premium applies as part of the sale process.
For an investor seeking immediate rental return and straightforward management, this is an easy-to-let asset close to local schools and amenities. For an owner-occupier seeking low-crime or higher-spec finishes, the location and condition limit suitability without significant investment.
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