Summary - Albert Terrace, Middlesbrough TS1 3PA
30 bed 1 bath Terraced
High-density refurbished building with strong rental potential near campus.
13 purpose-built studios close to Teesside University
A large purpose-built terraced block presented as a ready-to-rent student investor package. The property contains 13 studios, four two-bed and three three-bed apartments, all reportedly newly refurbished to a modern standard and within an approximate four-minute walk of Teesside University. Communal laundry facilities and a basement for storage support lettings and day-to-day management.
The vendor states a potential gross yield of around 8%, supported by proximity to university amenities and strong broadband and mobile connectivity. Individual units are compact with contemporary finishes and small fitted kitchens, making them straightforward to let to students or short-term renters.
Buyers should note material risks: the building sits in a very deprived area with very high recorded crime and the tenure is not specified. The advertised overall size and plot are small, and the listing records only one bathroom for the entire property—this should be clarified. These factors will affect financing, insurance and management costs and should be investigated before offer.
For investors seeking a high-density, student-focused asset close to campus, this block offers immediate rental potential but requires careful due diligence on tenure, unit services and local operating costs. The lack of flood risk and recent refurbishment are positives; factor in neighbourhood safety and community deprivation when modelling net returns.
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