£85,000
(£107/sq. ft)
3 bed terraced house for saleCarlow Street, Middlesbrough TS1
3 beds
1 bath
1 reception
797 sq. ft
EPC Rating: E
- Available immediately
- Freehold
Castle Homes
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About this property
Turn key Investment Opportunity
Grossing Rent at £695 pcm now
Referenced Tenants In Situ
Investors Look
New Roof
Combi GCH Boiler
Convenient location
Description
Attention Landlords! This 3-bedroom mid-terrace property in a highly convenient location in Middlesbrough is available for sale with tenants in situ, offering an ideal investment opportunity.
Grossing a rent of £695 per month and let to fully referenced tenants . Situated in a Selective Licensing Area, the property already generates rental income, providing a hassle-free start for a prospective landlord.
Due to tenants being in-situ and offering them their quiet enjoyment - no in person viewings. No rent arrears - all rent is paid up to date every month. Please see the virtual tour, taken when the property went on the sales market, it is a true and honest representation, without disturbing the nice tenants.
Key Features:
One Reception Room: A spacious and versatile living area, perfect for tenants to relax and unwind. Redecoration will improve the aesthetics throughout the house.
Kitchen with Utility Area: A functional kitchen space, complemented by an additional utility area for added convenience.
Family Bathroom: Modern bathroom suite with bathtub, shower, WC, and sink.
Two Double Bedrooms & One Single Bedroom: Ideal for a small family or professionals sharing.
Private Back Yard: Low-maintenance outdoor space, suitable for tenant use and easy upkeep.
Investment Highlights:
Tenants in Situ: The property comes with existing tenants, providing immediate rental income.
Selective Licensing Area: The property is located in a designated selective licensing area, making it a secure and managed investment. Please ask us if you need more details of how this scheme works or contact the Council directly.
Convenient Location: Close to excellent local schools, shops, and transport links, ensuring high tenant demand.
This property is perfect for an investment landlord looking for a reliable income stream from day one. The property's proximity to amenities and schools, combined with the current tenant arrangement, makes this an attractive opportunity in a competitive rental market. New carpets and redecoration would be a suitable improvement once the current tenants move out.
For more information please contact us today. For viewings please ensure to view the virtual tour in the first instance which was created in September 2024 to ensure your view of the house is accurate.
Council Tax Band: Tbc
Tenure: Freehold
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