3 bed end terrace house

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3 bed end terrace house

Percy Street, Middlesbrough TS1
£90,000

Price History

Initial price £95,000
21/06/25 £90,000
Price Change -5.26%

Description

This spacious three-bedroom home is located just a 5-minute walk from Teesside University, offering a prime opportunity for investors. With a small investment to obtain building regulations, the second-floor study room can be converted into a third bedroom, significantly increasing 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 comes with a capped bill rate of £20 per week per room, and while additional costs apply if financing with a mortgage, this lucrative opportunity is not to be missed.