Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1
Agent: Century Three - Middlesbrough Phone: 01642 048996
<p><b>High Performing Buy to Let Opportunity | Union Street, TS1 | 10.83 Percent Gross Yield</b></p><p>Purchase Price: £72,000</p><p>Potential Rental Income: £650 PCM | Total Annual Income: £7,800</p><p>End Market Value: Around £85,000</p><p>Offered with complete vacant possession, this ideal residential property on Union Street in central Middlesbrough presents an accessible entry point with immediate built in equity gain. Requiring only minor cosmetic updating, this project provides a rapid route to securing a strong 10.83 percent gross yield.</p><p><br/></p><p><b>Key Investment Highlights</b></p><p>Strong Cash Flow: A rent potential of £650 per calendar month (£7,800 annually) delivers an outstanding 10.83 percent gross yield at the £72,000 purchase price.</p><p>Instant Built In Equity: With an end market value of around £85,000 post refurb, you could secure approximately £13,000 in capital growth right out of the gate.</p><p>Light Refurbishment Required: Quick turnaround project needing only basic cosmetic improvements such as fresh paintwork and new carpets to reach full rental potential.</p><p>Prime TS1 Location: Situated within short walking distance of Teesside University, Middlesbrough town centre shops, and central transport links, ensuring continuous tenant demand.</p><p>A straightforward, high yield asset ideal for landlords looking for clean cash flow combined with rapid capital growth.</p><p><b>Contact us today to receive further details or to arrange a viewing.</b></p>
