Vacant freehold fixer-upper near Teesside University — strong rental potential.
Victorian bay-fronted terraced house, approx. 905 sq ft
A Victorian bay-fronted three-bedroom terraced house in TS1 offering clear value for investors or renovators. Set over approximately 905 sq ft with two reception rooms and a family wet room, the property provides a workable layout for HMOs, student lets or a refurbished family home. Its location a short walk from Teesside University supports strong rental demand and straightforward re-letting prospects.
The house is sold vacant on possession and is freehold, presenting a blank canvas for refurbishment. Key positives include double glazing (installed before 2002), mains gas heating with boiler and radiators, excellent mobile signal and fast broadband—useful for student or professional tenants. Council tax is very low, helping running costs for buy-to-let owners.
Buyers should be realistic about the work required: the property needs full updating, the solid brick walls likely lack insulation, and many original fixtures are dated. The area records high crime and very high deprivation levels, and the plot is small, which may limit outdoor space improvements. This is a renovation project that suits cash purchasers or buyers with a clear refurbishment plan and budget.
For the right buyer, the combination of low purchase price, proximity to amenities and university, and strong local rental demand offers an attractive margin for value-add refurbishment or conversion into multiple-occupancy accommodation. Viewings are recommended for investors or renovators prepared to manage both the physical works and local area challenges.
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