Summary - Flat 3, 190 High Street, Eston, MIDDLESBROUGH TS6 9JE
1 bed 1 bath Flat
Turnkey buy-to-let with immediate monthly income and central location.
Three fully let one-bedroom flats generating £14,400 pa
A ready-made, income-producing lot of three one-bedroom flats set above High Street shops in Eston. All units are currently let and produce a combined rent of £1,200 pcm (£14,400 pa), representing the advertised c.10% yield — attractive for buyers seeking immediate cashflow.
The building is a mid-20th-century mixed-use structure with a modern, compact kitchen in each flat and street-facing shop frontage. Broadband is fast and mobile signal is excellent, supporting tenant demand from local urban households and commuters.
Buyers should note this is a leasehold, sold at online auction with an unconditional sale process: a 5% deposit on the fall of the hammer plus a buyer’s premium (5% + VAT, minimum £5,000 + VAT), and completion required within 28 days. The area records higher-than-average crime and the building will need routine maintenance; further costs and special conditions will appear in the legal pack.
This lot suits investors wanting a hands-off rental income stream with scope to review management and undertake targeted maintenance or light refurbishment to protect long-term value. Interested parties must review the legal pack carefully before bidding.
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