Newly renovated four-bed freehold producing immediate rental income, sold with tenants.
Four bedrooms, each with en-suite facilities
A compact, newly renovated four-bedroom mid-terrace offered as a freehold investment in central Middlesbrough. Each bedroom has its own en-suite, giving the property clear multi-let appeal for students or workers. It is currently let and producing approximately £750 PCM, providing immediate rental income.
The property’s modern open-plan kitchen/living and updated bathrooms reduce short-term refurbishment needs. Practical positives include freehold tenure, fast broadband and excellent mobile signal, plus very low council tax (Band A), which helps tenant affordability.
Buyers should note material drawbacks: the property sits in a selective licensing zone and additional licensing fees or compliance costs may apply. The local area is described as very deprived with very high crime levels — factors that can affect demand, management requirements and long-term capital growth. Rooms and overall plot are small, so the layout suits tenants wanting compact, private rooms rather than family living space.
This is a short-let-friendly, high-turnover investment suited to a hands-on landlord or an investor familiar with HMOs and selective licensing requirements. Sold with tenants in situ, it offers immediate income but expect active property management and compliance tasks given location and licensing.
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