Offers over
£300,000
(£662/sq. ft)
3 bed property for saleBorough Road, Middlesbrough TS1
3 beds
3 baths
3 receptions
453 sq. ft
EPC Rating: E
- Freehold
Progression Property
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About this property
** the current income is £25,200 per annum - when vacant flat is full that will increase to £31,800 per annum **
close to the recently announced marriot hotel development.
Being located in A prominant & central position within middlesbrough' town centre, this significantly extended mixed commercial & residential opportunity offers great scope for development / enhancement whilst currently enjoying A generous income 'as is'. The ground floor retail area is currently occupied by A beauty business with an 8 year lease in place. The residential accommodation above comprises of 3 self contained one bedroom apartments, all offering lounge / kitchens, A double bedroom & bathroom. The properties are positioned within A matter of minutes form the university of teesside, likewise to the main shopping district / the bus station & slightly further, but still within walking distance, to the train-station. A19 & A66 roadlinks are also close at hand.
Ground floor retail - £1,000 pcm (8 year lease)
Flat A - £550 pcm
Flat B - £550 pcm
Flat C - vacant (£550)
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