9 Bedroom Detached House

The Village, 
Marton-In-Cleveland, 
Middlesbrough, 
TS7 8BD
Purchase price
£500,000
  • Size: 320 sqm
  • Tenanted
SUPERB 9 BEDROOM HMO SPLIT ACROSS TWO BUILDINGS OFFERED WITH AN IMPRESSIVE RETURN IN THE REGION OF 8% NET! Well established fully occupied HMO, finished to an excellent specification and tenanted for immediate income.
  • Financial Performance*
Gross rent
£59,040
Lettings fees
£5,904
Net income
£39,118
Gross yield
11.81%
Net yield
7.82%
  • Key Features
  • Established high quality HMO
  • Fully licensed
  • 9 lets
  • Fully occupied
  • All double ensuite rooms
  • One bedroom apartment
  • Enclosed garden
  • Off road parking for multiple vehicles
  • Desirable location
  • Walkthrough tour available

SUPERB 9 BEDROOM HMO SPLIT ACROSS TWO BUILDINGS OFFERED WITH AN IMPRESSIVE RETURN IN THE REGION OF 8% NET! Well established fully occupied HMO, finished to an excellent specification and tenanted for immediate income.

yieldit are delighted to introduce this 9 bedroom, fully licensed HMO to the market that is spread across three floors and presented to an impressive standard throughout. The detached property contains 8 spacious double bedrooms, all with their own ensuite shower room, an additional box room currently utilised as an office, fully-fitted kitchen with appliances and utility room. In the enclosed communal garden is an additional building which contains a one bedroom apartment. To the front of the property is off road parking for up to eight vehicles.

The Village is ideally situated in the desirable village of Marton-in-Cleveland, an area of Middlesbrough, North Yorkshire. With a wide range of amenities within easy reach including Stewart Park, Marton Shopping Parade, several public houses, football & cricket clubs and the multi-million pound Middlesbrough Sports Village.

With the North Pennines right on its doorstep, this property couldn’t be in a more beautiful location, perfect for those who enjoy long country walks and amazing views! This property is also ideally located within the commuter belt for both Durham and Newcastle city centres, being only a 30 minute drive away from either one, meaning that there will always be plenty of interest from tenants working in both cities looking for a cheaper rental price whist still being close enough to enjoy everything that both cities have to offer.

  • Financial Performance *
Gross rent
£59,040
Lettings fees
£5,904
Net income
£39,118
Gross yield
11.81%
Net yield
7.82%
*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.
  • Location
  • EPC
Energy Performance Rating