Summary - 51 PERCY STREET MIDDLESBROUGH TS1 4DD
4 bed 1 bath House
Ready-to-rent four-bed terrace close to university, strong rental yield potential.
4 bedrooms across three storeys, compact 808 sq ft footprint
Updated throughout; sold fully furnished and ready to let
Close to Linthorpe Road and Teesside University — strong student demand
Indicative annual income £11,500; gross yield around 11% at asking price
No private garden; small plot and limited external space
Very high local crime and very deprived area — higher management risk
Solid brick walls (circa 1900–1929); likely no cavity insulation
Mains gas boiler and radiators; good mobile and fast broadband
This three-storey, four-bedroom mid-terrace in central Middlesbrough is presented as a newly renovated buy-to-let aimed at student demand. The property is compact (approx. 808 sq ft), sold fully furnished and marketed with an indicative annual income of around £11,500, producing a gross yield near 11% at the listed price. Its location a short walk from Linthorpe Road and Teesside University supports steady tenant interest.
Internally the home has been upgraded to a neutral, contemporary finish: open-plan dining/living space, a modern fitted kitchen with integrated appliances, and shared bathroom facilities. Heating is provided by a mains-gas boiler and radiators. Connectivity is strong with excellent mobile signal and fast broadband — important for student or professional tenants.
Buyers should note material negatives plainly: the property sits in an area with very high recorded crime and very high deprivation, which can affect tenant mix and management needs. The building is an older solid-brick terrace (c.1900–1929) and is assumed to lack cavity wall insulation, so running costs and future retrofit should be considered. There is no private garden and external space is limited.
For an investor this is a hands-off, income-ready purchase if you accept the higher-management requirement of a city-centre, student-targeted let. The small footprint and terrace form limit family-market appeal but suit multi-occupancy rental. Factor in locality risks and potential energy-efficiency improvements when assessing long-term returns.
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