Summary - 10 CARLOW STREET MIDDLESBROUGH TS1 4SD
2 bed 1 bath Terraced
Low-price fixer near university with high yield potential for hands-on investors.
- Freehold Victorian mid-terrace, two bedrooms, two receptions
- Close to Teesside University; strong student/professional demand potential
- Advertised potential gross yield 29.7%
- Requires modernisation; exterior damage noted, fixer-upper
- Solid brick with external insulation; built before 1900
- Area very deprived with very high crime statistics
- Small courtyard plot; no flood risk
- EPC awaiting (C referenced in particulars) — verify
A compact Victorian mid-terrace in TS1, this freehold two-bedroom offers a clear investor proposition close to Teesside University. The property’s layout — two reception rooms, kitchen, bathroom and two first-floor bedrooms — could be rearranged to increase rental capacity, with the marketing suggesting conversion potential to four bedrooms.
The house needs modernisation and cosmetic repair; photos and descriptions show exterior damage and a general fixer-upper condition. Constructed before 1900 with solid brick walls and external insulation, the building benefits from mains gas central heating, double glazing and fast broadband, but purchasers should allow budget for updating and any unseen services or structural work.
Location drives the numbers: close walking distance to the university, local shops and transport links, producing an advertised potential gross yield of 29.7%. Note the area is classified as very deprived with very high crime statistics — this will affect tenant demand, lettings strategy and borrowing or insurance costs. EPC status is listed as awaiting (a C rating is also referenced in the particulars and should be verified).
For investors seeking yield and refurbishment scope, this property offers low entry price and flexibility (vacant possession or tenant options). For owner-occupiers, the small plot, city-centre setting and local area profile make it best suited to buyers comfortable with inner-city regeneration and renovation work.
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