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3 bedroom terraced house for sale
Aske Road, Middlesbrough, North Yorkshire, TS1
£70,000
Aske Road, Middlesbrough, North Yorkshire, TS1
£70,000
Our Summary
- With a guide price of just £70,000 and sold as seen, this property is a fantastic blank canvas for investors or buyers looking to modernise and maximise value
- Offering excellent HMO conversion potential (subject to relevant consents), this is a high-yield opportunity with strong long-term rental income prospects
- HMO Investment Opportunity This property would make a prime HMO conversion and is ideally located for access to Teesside University and Middlesbrough town centre - both key rental hotspots
- Key Features Guide Price: £70,000 - Sold As Seen Freehold & vacant possession Two spacious reception rooms Enclosed rear yard with private access Potential to reconfigure to 3 or 4 bedrooms Short walk to university and town centre EPC Rating: E | Council Tax Band: A Conversion & Layout Potential Ground Floor: Two generous reception rooms (one ideal for converting into a bedroom) Central hallway with understairs storage Fitted kitchen with yard access First Floor: Two double bedrooms Family bathroom with three-piece suite Spacious landing with scope for reconfiguration or loft extension (STPP) Summary A highly affordable investment with significant upside - whether for a student HMO, family rental, or a refurbished resale
- Potential to reconfigure to 3 or 4 bedrooms
Description
This vacant three-bedroom terraced home in Middlesbrough is a blank canvas for investors or buyers looking to modernize and maximize value. With a guide price of £70,000 and sold as seen, the property offers excellent HMO conversion potential, subject to relevant consents. The property is located in a quiet residential area, within walking distance of Teesside University and Middlesbrough town centre, making it an ideal location for both family living and student accommodation. The property features two spacious reception rooms, an enclosed rear yard, and potential to reconfigure to 3 or 4 bedrooms. With an estimated post-refurbishment rental income of £1,820 PCM and a net profit of £1,274 PCM, this is a high-yield opportunity with strong long-term rental income prospects.