Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1
Agent: Century Three - Middlesbrough Phone: 01642 048996
<p><b>High Yield Buy to Let Opportunity | Meath Street, TS1 | 12.50% Gross Yield</b></p><p>Purchase Price: £72,000</p><p>Potential Rental Income: £750 PCM | Total Annual Income: £9,000</p><p>End Market Value: £85,000 to £95,000</p><p>Offered with complete vacant possession, this versatile property on Meath Street in central Middlesbrough presents an exceptional low entry investment with built in equity gain. Requiring only minor cosmetic works, this property provides a rapid turnaround route to securing an impressive 12.50 percent gross yield.</p><p><br/></p><p><b>Key Investment Highlights</b></p><p>Outstanding Yield Return: Rent potential of £750 per calendar month (£9,000 per year) delivers a massive 12.50 percent gross return based on the £72,000 asking price.</p><p>Value Add Conversion: Currently configured as a 2 bedroom house with the straightforward potential to convert into a 3 bedroom home, unlocking maximum capital growth and higher rental rates.</p><p>Light Refurbishment Needed: Requires only basic cosmetic updates such as fresh paintwork and new carpets to bring it up to top market standards.</p><p>Instant Built In Equity: An achievable end market value of £85,000 to £95,000 post refurb gives you substantial capital appreciation from day one.</p><p>Prime TS1 Location: Situated within easy reach of Teesside University, town centre retail hubs, local schools, and central transport links.</p><p>A straightforward, high returning project ideal for investors seeking high cash flow combined with rapid capital growth.</p><p><br/></p><p>Contact us today to receive further details or arrange a viewing.</p>
