Summary - Flat, 15a Hartington Road, MIDDLESBROUGH TS1 5ED
3 bed 2 bath Apartment
Ready-made income in central Middlesbrough, tenant occupied.
Two separate flats sold together generating c. £1,100pcm
A compact, income-producing pair of upper-floor flats in central Middlesbrough, offered freehold and let on day one. The two apartments together generate about £1,100 pcm and are sold with sitting tenants, presenting immediate rental return for a buy-to-let investor or portfolio buyer.
Practical recent works reduce short-term maintenance risk: a brand-new GRP flat roof and a new gas boiler to the upstairs flat are already in place. Internally the flats are modest in footprint with simple, neutral finishes — economical to manage but limited in living space and amenity provision.
Buyers should note clear drawbacks: the property sits in a very deprived area with very high local crime rates, and the sale incurs a buyer’s premium of £2,500 plus VAT payable on exchange/completion. No garden or significant external amenity is shown, and room sizes are small, so long-term capital growth will depend on wider regeneration or active asset management.
Overall this is a straightforward, hands-off addition for an investor seeking immediate rental income and minimal initial capital works. It suits purchasers comfortable with urban, high-demand rental markets who can manage tenant transitions and local area challenges.
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