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Ayresome Street, Middlesbrough TS1 3 bed terraced house for sale
Ayresome Street, Middlesbrough, TS1
£110,000
Ayresome Street, Middlesbrough, TS1
£110,000
Price History
Initial price | £130,000 |
22/11/24 | £120,000 |
12/03/25 | £110,000 |
Price Change | -15.38% |
Description
This 3-bedroom property presents a prime investment opportunity, offering the potential to be converted into a 5-bedroom HMO and generating a gross annual yield of up to 22.5%. Situated in a student-friendly area with strong rental demand, the property is ideally suited for student housing or professional tenants. With a modest investment to reconfigure the layout, the property could generate £2,250 monthly income (£27,000 annually) by repurposing the ground-floor reception rooms into two additional bedrooms. The property is easily adaptable to meet HMO regulations and is located near universities, local amenities, and vibrant city life, making it an attractive option for investors looking to maximize returns.