This property is no longer on the market
4 bedroom property
Key information
Property description & features
- Tenure: Freehold
- Investment Opportunity
- Four Bedroom HMO
- Current Income Approximately £15,480 Per Annum
- Within Walking Distance to Teesside University
- Prominent Location
- Close to Local Amenities and Transport Links
- Freehold Title
We are pleased to offer to auction this fantastic investment opportunity currently used as a house of multiple occupancy. This property briefly comprises of 4 bedrooms, 2 bathrooms, lounge and kitchen.
The property is within walking distance to Teesside University, local amenities and fantastic transport links, making it a prime location for students, ensuring high demand and consistent rental income. This property is currently fully tenanted generating an approximate income of £15,480 per annum with potential to increase. Exclusively rented to students, this property aligns perfectly with the academic calendar, ensuring a consistent and reliable occupancy rate.
Seize the opportunity to add a high-performing HMO property to your investment portfolio. The combination of a prime location, consistent rental income, and growth potential makes this property an attractive choice for astute investors.
Contact us today to schedule a viewing and explore the potential of this exceptional HMO property!
Please note we have not inspected this property.
Rooms
Location
The subject property is in a prime location within walking distance to Teesside University which caters perfectly to the student demographic. This property is located within easy reach of local amenities, and transport links.
Accommodation
GROUND FLOOR
Entrance Lobby
Living Room (3.63 x 2.71)
Bedroom 1 (3.54 x 2.86)
Kitchen (3.77 x 2.37)
Cupboard
FIRST FLOOR
Bedroom 2 (3.55 x 2.90)
Bedroom 3 (4.18 x 2.29)
Bathroom
SECOND FLOOR
Bedroom 4 (4.46 x 3.30)
Bathroom
Tenure
Freehold - Title number TES23083.
Council Tax
Band A.
EPC
Available upon request (rating E).
Places of interest
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Property reference 441653. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson - Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 12, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 12, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 20, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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