Terraced house for sale

Albert Terrace, Middlesbrough TS1

Victorian Townhouse with HMO Potential - 24% Yield!
An excellent investment opportunity to create a House of Multiple Occupancy (HMO) in this large, three-storey Victorian townhouse. Sitting within middlesbrough centre and within 5 mins of the university. Currently divided into two self-contained flats, this property offers significant potential for conversion into a 6-7 bedroom HMO, subject to the necessary planning permissions.

Current Layout:
Ground Floor:
1 Bedroom
1 Reception Room
Kitchen
Bathroom
The ground floor flat is well-presented and fully self-contained, with a spacious layout that could be easily incorporated into a larger HMO conversion.
First and Second Floors:
3 Bedrooms
Shower Room
Kitchen.
Development Potential:
This property offers a prime opportunity to maximize rental income through conversion into an HMO. The spacious rooms, high ceilings, and original Victorian features provide a solid foundation for creating a high-demand rental property in a sought-after area.
Viewings are highly recommended to appreciate the full potential of this property. Call us on:

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.