6 bedroom house of multiple occupation for sale

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6 bedroom house of multiple occupation for sale

Albert Road, Middlesbrough, North Yorkshire, TS1
£285,000

Price History

Initial price £290,000
25/10/25 £285,000
Price Change -1.72%

Description

Magnum Properties presents a rare investment opportunity with this fully licensed six-bedroom, five-bathroom HMO on Albert Road, Middlesbrough. The property combines strong existing rental income, planning security through grandfather rights, and excellent future growth potential, making it an attractive choice for investors seeking a high-yielding, compliant property in a thriving area. Located just one minute's walk from Teesside University, the property benefits from high rental demand year-round, with a strong gross rental yield of 12.2%. The property is currently producing a gross rental income of £2,951.54 PCM (£35,418.48 PA) and is fully tenanted, providing immediate income on completion. With its prime central location, excellent transport links, and potential to increase its EPC rating, this property represents a strategic investment opportunity with minimal voids and long-term growth potential.