Summary - 17 CHARLBURY ROAD MIDDLESBROUGH TS3 8JU
3 bed 1 bath Terraced
Budget buy-to-let with immediate rental income and refurbishment upside..
- Sitting tenant in place paying £600 pcm (immediate income)
- Guide price £75,000; rental yield circa 9%
- Sold at auction; Buyers Fee £2,000 + VAT
- EPC rating D; basic energy performance
- Very deprived area with high local crime levels
- Freehold mid-terrace, mains gas boiler and radiators
- Small private rear garden; on-street parking only
- Requires cosmetic modernisation to increase value
A straightforward buy-to-let with immediate income: this three-bedroom mid-terrace in TS3 is offered at auction with a sitting tenant paying £600pcm (9% yield at the guide price). The property is freehold, double glazed and gas central heated, providing basic, let-ready accommodation without immediate major works.
The layout is traditional: entrance hall, spacious lounge/dining room, fitted kitchen with rear garden access, three first-floor bedrooms and a family bathroom. The enclosed rear garden is small but private; parking is on-street. EPC rated D and built 1950–1966; cavity wall construction and mains gas boiler are present.
Important considerations: the area is classified as very deprived with high local crime levels, and the street is in a challenged local demographic. The property will be sold at auction and a Buyers Fee of £2,000 + VAT applies. Cosmetic updating and ongoing management are likely needed to maximise rent and capital growth.
This opportunity suits a hands-on investor or portfolio buyer looking for immediate cashflow and refurbishment potential in a budget price bracket. The cheap council tax (Band A) and strong mobile/broadband connectivity support tenant demand, but purchasers should factor in local area risk and potential voids when underwriting returns.
2 bedroom terraced house for sale in Pilkington Street, Middlesbrough, TS3 — £65,000 • 2 bed • 1 bath • 700 ft²
3 bedroom terraced house for sale in Warwick Street, Middlesbrough, TS1 — £87,500 • 3 bed • 1 bath
2 bedroom terraced house for sale in Henry Street, North Ormesby, TS3 — £55,000 • 2 bed • 1 bath • 657 ft²
3 bedroom terraced house for sale in 12 Eltisley Green, Pallister Park, Middlesbrough, Cleveland, TS3 8NB, TS3 — £54,000 • 3 bed • 1 bath • 840 ft²
3 bedroom terraced house for sale in Thornton Street, North Ormesby, TS3 — £71,500 • 3 bed • 1 bath • 879 ft²
3 bedroom terraced house for sale in Aubrey Street, Middlesbrough, TS1 — £90,000 • 3 bed • 1 bath • 734 ft²
