**Standout Features:**
- Two-bedroom first-floor apartment in Ayresome Park Development, TS5.
- Current rental income of £575 per month, potential to increase to £650.
- Gross yield of 9.38%, with potential for 10.6%.
- Modern design with double glazing throughout.
- Allocated parking space and balcony with views of landscaped communal gardens.
- Close to local shops, amenities, and transport links.
**Potential Concerns:**
- Property sold with tenants in situ; ideal for investors.
- Buyers fees apply, including a £3,600 + VAT premium.
This two-bedroom first-floor apartment in the sought-after Ayresome Park Development is an excellent investment opportunity, especially for first-time investors or families seeking stability in a desirable location. Currently tenanted by a professional couple, the flat generates a reliable £575 PCM income with room for growth, making it a sound investment choice with impressive yields.
The modern property features spacious double bedrooms, a cozy living room with balcony access, and essential conveniences like allocated parking and double glazing, ensuring comfort year-round. With convenient access to Middlesbrough Town Centre, public transport, and several well-rated local schools, this apartment is perfect for those looking for a family-friendly environment. Don’t miss your chance to secure this rental gem; opportunities like this don’t come often!
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