3 bedroom end terraced house

Maltby Street, Middlesbrough TS36PR

Size: 80 sqm

Purchase price

£90,000

Size: 80 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £12,600
Lettings fees £1,560
Net income £11,040
Gross yield 14%
Net yield 12.27%

CASH BUYERS OR COMMERCIAL MORTGAGE ONLY! NET yield of 12.27%! Three self contained studio flats with own entrances in an end terrace house


This is a fabulous investment opportunity! With a NET yield of 12.27%, this end of terrace house has been converted into three self contained studio flats and has had both internal and external renovations done within the last three years. Each flat has its own entrance, is fully furnished and includes a fitted kitchen and bathroom with a shower. While there is no allocated parking available, residents may park for free on the streets surrounding this property.

17 Maltby Street is located just seven minutes away from Middlesbrough town centre which is home to attractions such as the popular Clevelands Centre, Riverside Stadium and a Cineworld. Maltby Street is also seven minutes away from Teeside Karting and local supermarkets. This property has great transport links via the A66 and A19 as well as being near Middlesbrough train station.

Interested in this property? Enquire today for more information

Key features

Key features

3 self contained studio flats

Key features

Extremely high yield

Key features

Fully furnished

Key features

Fitted kitchen

Key features

Internal refurbishment less than 3 years ago

Key features

Excellent transport links

Key features

7 minute drive into Middlesbrough

Key features

Parking on street available

Key features

Freehold

CASH BUYERS OR COMMERCIAL MORTGAGE ONLY! NET yield of 12.27%! Three self contained studio flats with own entrances in an end terrace house More info...

This is a fabulous investment opportunity! With a NET yield of 12.27%, this end of terrace house has been converted into three self contained studio flats and has had both internal and external renovations done within the last three years. Each flat has its own entrance, is fully furnished and includes a fitted kitchen and bathroom with a shower. While there is no allocated parking available, residents may park for free on the streets surrounding this property.

17 Maltby Street is located just seven minutes away from Middlesbrough town centre which is home to attractions such as the popular Clevelands Centre, Riverside Stadium and a Cineworld. Maltby Street is also seven minutes away from Teeside Karting and local supermarkets. This property has great transport links via the A66 and A19 as well as being near Middlesbrough train station.

  • Key features
    Tick Desktop 3 self contained studio flats
    Tick Desktop Extremely high yield
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop Internal refurbishment less than 3 years ago
    Tick Desktop Excellent transport links
    Tick Desktop 7 minute drive into Middlesbrough
    Tick Desktop Parking on street available
    Key features

    Freehold

  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £12,600
Lettings fees £1,560
Net income £11,040
Gross yield 14%
Net yield 12.27%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.