Summary - 87 HARFORD STREET MIDDLESBROUGH TS1 4PW
2 bed 1 bath Terraced
Two-bed freehold terrace with tenant in place and immediate rental income..
- Tenant in situ generating £555 PCM
- Freehold Victorian mid-terrace, solid brick construction
- Two double bedrooms, two receptions, one bathroom
- Dated interior; visible wiring and cosmetic repairs needed
- Likely little or no wall insulation (pre-1900 build)
- Area very deprived with high local crime statistics
- On-street parking only; small rear yard
- Fast broadband and excellent mobile signal
A compact Victorian mid-terrace offered freehold with a tenant in situ producing £555 PCM. The property is solid brick, double-glazed and heated by a gas boiler with radiators — functional and straightforward for an investor looking for immediate rental income.
Internally the layout is traditional: two reception rooms, a small kitchen, ground-floor bathroom and two double bedrooms upstairs. The finish is dated and there are visible wiring and paint flaws; cosmetic updating, insulation improvements and kitchen/bathroom modernisation would increase rent and resale potential.
Location is practical for renters: close to Middlesbrough town centre, Teesside University and several schools. Broadband speeds are fast and mobile signal is excellent, supporting modern tenants. Note the area is classified as very deprived with high local crime rates, which may affect tenant churn, rental levels and long-term capital growth.
This is a clear buy-for-income opportunity: low purchase price, tenant in place and immediate cashflow. It suits an investor or portfolio buyer prepared to accept local area risks and to complete targeted refurbishment to boost rent and appeal.
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