Summary - 79 BOROUGH ROAD MIDDLESBROUGH TS1 3AA
15 bed 15 bath Terraced
Income‑producing 15‑bed HMO opposite Teesside University, let and licensed.
15 en‑suite rooms across three floors, each with communal fitted kitchen
Approximately 13% gross annual yield (illustrative figure)
Operated under current HMO licence; fully occupied at time of listing
Two front parking spaces plus one rear off‑street space
Addressable fire alarm and smart electric heaters installed
Electric room heaters only — higher energy costs likely
Located in very high crime and very deprived area — insurance/risk impact
Tenure and council tax band not provided; check licence transfer
This centrally located mid-terrace HMO offers an income-focused purchase close to Teesside University. Arranged over three floors, the building provides 15 en‑suite let-ready rooms, each floor served by a communal fitted kitchen, and is reported to be fully occupied under a current HMO licence. Listed figures indicate an approximate annual yield of 13%, making this suitable for investors targeting student communal living.
Practical features include two parking spaces at the front and one to the rear, fast broadband and excellent mobile signal for tenants, an addressable fire alarm system and smart electric heaters. The property is double‑glazed and dates from the early 20th century, retaining some period features to the front elevation while parts have been extended and modernised internally.
Material considerations are clear: the property sits in a very high crime, very deprived area which can affect lettings profile and insurance costs. Heating is by electric room heaters (not a communal gas system), so running costs and appliance condition should be checked. Tenure details and council tax band are not provided, and confirmation that the HMO licence transfers on sale is recommended.
This is an investment for a buyer prepared for HMO management responsibilities and local market challenges. It suits someone seeking an operational, income‑producing asset with immediate occupancy, but who will carry out standard due diligence on tenancy arrangements, energy costs and ongoing maintenance needs.
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