6 Bed House For Sale Borough Road, Middlesbrough, TS1

£190,000

1 of 10
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Last Updated: 23rd April 2024

Description

A GROSS ANNUAL RENTAL RETURN OF £24,964.44 AT FULL CAPACITY - THUS A GROSS YIELD OF AROUND 12.5 - 13% / A FULLY LET 6 BEDROOM THREE STOREY HMO PROPERTY SET ON ONE OF MIDDLESBROUGH' MOST PROMINENT THOROUGHFARES, A MATTER OF 5 MINUTES WALK FROM THE UNIVERSITY OF TEESSIDE. / THE ROOMS ARE ALL EN-SUITE AND FURNISHED TO A GOOD STANDARD / THE PROPERTY ALSO OFFERS A COMMUNAL LOUNGE AND KITCHEN TO THE GROUNDFLOOR / AN IDEAL INVESTMENT, HAVING A LONG HISTORY OF BEING FULL AND CURRENTLY GENERATING A MONTHLY INCOME OF £2080.37 (including bills with £40 per room bill allowance within each rooms rental figure)

Entrance Hall -

Bedroom 1 - With Ensuite Facilities -

Kitchen -

Lounge -

Utility Area / Lobby -

Downstairs W.C. -

First Floor -

Landing -

Bedroom 2 - With Ensuite Facilities -

Bedroom 3 - With Ensuite Facilities -

Bedroom 4 - With Ensuite Facilities. -

Second Floor -

Bedroom 5 - With Ensuite Facilities -

Bedroom 6 - With Ensuite Facilities -
Agent Details
Progression Property
329 Linthorpe Road, Linthorpe, Middlesbrough, TS5 6AA

Investment Analysis

Annual Rent:
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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested