3 bed end terrace house for sale

Percy Street, Middlesbrough TS1

Spacious Three-Bedroom Home with Potential for a Fourth Bedroom!
This prime location property is just a 5-minute walk from Teesside University, currently generating an impressive rent of £950 per month (excluding bills). With a small investment to gain building regulations, you could convert the second-floor study room into a fourth bedroom, significantly boosting your income potential!
For the upcoming student intake, renting all four rooms at £390 per month each could elevate your potential rental income to £1,560 per month, offering a remarkable yield of 20% after deducting bills and management costs. This presents an excellent opportunity for a high return on investment!
Keep in mind, if you decide to finance the property with a mortgage, additional costs will apply. At Ashbrooke’s, we simplify things with a capped bill rate of £20 per week per room, already factored into the net figures.
*Please note if you are purchasing with a mortgage, you will have a further payment to deduct from the above figures.
Don't miss out on this lucrative opportunity! Contact us today at option 1) to arrange a viewing or gather more details before this property is snapped up.

Disclaimer:
All information provided by Ashbrookes is deemed reliable and is taken in good faith from the vendor. However, it is not guaranteed and should be independently verified. Prospective buyers are strongly advised to carry out their own due diligence through their solicitors to confirm the accuracy of the information provided and to obtain an independent survey.

Intending purchasers will be required to produce identification documentation at a later stage, and we kindly ask for your cooperation to ensure there is no delay in agreeing to the sale. Please note that we have not tested the services or any of the equipment or appliances in this property. Therefore, we strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase.

Kitchen (3.26m x 1.93m)

Communal (3.81m x 2.81m)

Bathroom (2.12m x 1.98m)

Bedroom (3.89m x 3.21m)

Bedroom (3.43m x 2.45m)

Bedroom (3.84m x 3.23m)

Bedroom (3.59m x 3.15m)

Disclaimer

Disclaimer: All information provided by Ashbrookes is deemed reliable and is taken in good faith from the vendor. However, it is not guaranteed and should be independently verified. Prospective buyers are strongly advised to carry out their own due diligence through their solicitors to confirm the accuracy of the information provided and to obtain an independent survey. Intending purchasers will be required to produce identification documentation at a later stage, and we kindly ask for your cooperation to ensure there is no delay in agreeing to the sale. Please note that we have not tested the services or any of the equipment or appliances in this property. Therefore, we strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase.