Initial price	£100,000
29/08/24	£95,000
Price Change	-5.00%

This spacious three-bedroom home in a prime location is just a 5-minute walk from Teesside University, currently generating a rental income of £950 per month. With a small investment, the second-floor study room could be converted into a fourth bedroom, potentially boosting the rent to £1,560 per month, offering a remarkable yield of 20% after deducting bills and management costs. The property is a lucrative opportunity for investors, with a capped bill rate of £20 per week per room already factored into the net figures. With the potential to increase the rent, this property presents a high return on investment, making it an excellent opportunity for those looking to generate a passive income.