Summary - 36 THISTLE RISE COULBY NEWHAM MIDDLESBROUGH TS8 0RG
3 bed 1 bath Terraced
Immediate rental income with clear scope for uplift and quick completion.
Freehold mid-terraced three-bed, about 826 sq ft
Currently tenanted with reliable long-term occupant
Immediate income £625 pcm; potential rent around £750 pcm
Sold at auction—buyer fees and reserve apply
1970s property; needs minor upkeep and updating
Small garden and limited outdoor space
Area shows high deprivation and above-average crime
Fast broadband and excellent mobile signal
This freehold mid-terraced house in Coulby Newham is presented as a straightforward buy-to-let ready for investors. It is sold at auction with no onward chain, comes with a long-term tenant generating immediate income, and has scope to increase rent to market levels. The property’s layout includes a generous kitchen/diner and three bedrooms across two storeys, offering reliable rental appeal in a popular residential pocket.
The building is a 1970s terraced brick house in generally sound condition but it does need some upkeep and minor updating in places. The tenant maintains the home well, which reduces immediate management work, though the small garden and modest plot limit outdoor potential. Accommodation totals about 826 sq ft, suitable for typical family or sharer tenancies.
Location factors support lettings but require realism: the wider area shows high deprivation indicators and crime is above average, which may affect tenant profiles and management costs. Broadband and mobile signal are strong, local schools mostly rate Good, and council tax is very low—benefits for affordability and tenant attraction.
For an investor seeking a hands-off addition, this property offers immediate returns and rental uplift potential. Buyers should factor in auction fees, potential maintenance investment, and local area challenges when assessing yield and total return.
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