Freehold Victorian terrace, tenanted for immediate income — buyers’ premium applies.
Let at £600 pcm — immediate rental income
A practical two-bedroom Victorian mid-terrace in central Middlesbrough, offered freehold and let at £600 pcm for immediate income. The property has recently been renovated, benefits from double glazing and gas central heating, and includes a rear yard — minimal management required for a buy-to-let landlord seeking instant returns.
Accommodation is compact with an open-plan lounge/diner, ground-floor bathroom and two first-floor bedrooms; room sizes are small to medium and ceiling heights are standard. The terrace retains period character but will suit tenants who prioritise location and affordability over generous internal space.
Location is a core strength: close to town-centre shops, buses, convenience stores and several well-rated primary and secondary schools. Note the surrounding area is classified as very deprived with high local crime rates; this will affect tenant demand and long-term capital growth prospects.
Important purchasing note: a buyers’ premium applies to secure exclusivity (additional fee to the purchase price). Prospective purchasers should factor this fee, local area risks, and ongoing management costs into yield calculations before bidding.