Summary - Flat 1, 147 Marton Road TS1 2EA
5 bed 3 bath Terraced
Two flats with refurbishment upside close to university and station — cash buyers only.
Freehold Victorian mid-terrace with small rear garden
A compact Victorian mid-terrace arranged as two self-contained flats, this freehold property offers clear refurbishment and rental upside for cash investors. Located close to Middlesbrough train station, Teesside University and local bus routes, it sits in a convenient urban location with easy access to services and employers.
The building requires full modernisation throughout — the kitchen and bathrooms are dated and the property is presented as a blank canvas. At around 474 sq ft overall and currently split into a one-bedroom and a three-bedroom flat, buyers should expect renovation and reconfiguration work to maximise value.
Significant positives include low council tax (Band A), mains gas central heating, a small garden and strong local rental demand from students and hospital workers. Material drawbacks are the need for renovation, the property's small overall size, a very high local crime rate and a very deprived local area; this opportunity is therefore most suitable for experienced, cash-ready investors prepared to manage refurbishment and letting risk.
Available to cash buyers only, the property suits those seeking a short-term renovation project to achieve capital growth or a buy-to-let conversion once upgraded. Prospective purchasers should budget for refurbishment and factor in the local area considerations before offer.
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