Summary - Harrison House Harrison House Harrison House Harrison House Harrison House Borough Road, Middlesbrough, North Yorkshire, TS1 TS1 3AX
113 bed 1 bath Residential Development
Large shell development near university with strong GDV potential.
Planning permission for 113 units across ten storeys
This is a large-scale residential development opportunity in the heart of Middlesbrough, positioned a short walk from the university campus and local transport links. The building is in shell condition with groundworks complete and the superstructure erected, allowing a developer to complete construction to market specification or appoint a single tenant under a leasehold finish.
Planning permission exists for 113 units across ten storeys, with a ground-floor commercial unit and seven studios already laid out. The site offers an estimated GDV of £9m–£11.75m, presenting clear upside for an investor able to fund and finish the build.
Buyers should weigh the investment case against local challenges: the area is very deprived with very high crime rates, broadband speeds are very slow, and tenure is currently unknown. The property needs renovation/fit-out to become habitable, and further costs should be expected to complete services and finishes.
This asset suits experienced residential developers or investors targeting the student market who can manage completion, let-up and on-going estate challenges. All planning drawings are available to interested parties and the seller may negotiate a completion option or leasehold single-tenant solution.
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