Percy Street, Middlesbrough TS1 3 bed end of terrace house for sale

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Percy Street, Middlesbrough TS1 3 bed end of terrace house for sale

Percy Street, Middlesbrough, TS1
£80,000

Price History

Initial price £95,000
26/04/25 £90,000
26/06/25 £80,000
Price Change -15.79%

Description

This spacious three-bedroom home is located just a 5-minute walk from Teesside University, offering a prime investment opportunity. With a small investment to gain building regulations, the second-floor study room can be converted into a third bedroom, increasing rental income potential. Renting all four rooms at £400 per month each could generate £1,200 per month, resulting in a remarkable 20% yield after deducting bills and management costs. The property also comes with a capped bill rate of £20 per week per room, making it an attractive option for investors. With a mortgage, additional costs will apply, but the potential return on investment is substantial, making this a lucrative opportunity that shouldn't be missed.