4 Bedroom Terraced House

Gresham Road, 
Middlesbrough, 
TS1 4LL
Purchase price
£140,000
  • Tenanted
ATTENTION INVESTORS - LICENSED HMO YIELDING APPROXIMATELY 12% NET! A four bedroom, four bathroom HMO which is fully occupied and has full management in place.
  • Financial Performance*
Gross rent
£24,000
Lettings fees
£2,400
Net income
£16,600
Gross yield
17.14%
Net yield
11.86%
  • Key Features
  • Fully licensed 4 bedroom HMO
  • High rental demand
  • All bedrooms with private en suite bathrooms
  • Walking distance from town centre
  • Two bedrooms on each floor
  • Ready made investment
  • Communal kitchen area on ground floor
  • Private rear yard
  • First floor communal lounge
  • Enquire for video walkthrough

A well-presented four-bedroom terraced property located on Gresham Road in Middlesbrough, ideally suited for investment as a fully compliant HMO. The accommodation is arranged over two floors, comprising two bedrooms on the ground floor and two on the first floor, all benefiting from private en-suite bathrooms. The property also features a communal kitchen area on the ground floor and a separate communal lounge on the first floor, providing practical shared living space. Externally, there is a private rear yard, and the property is positioned within an established residential street popular with tenants.

Gresham Road is situated close to Teesside University and within walking distance of Middlesbrough town centre, making it a highly convenient location for students and young professionals. The area benefits from a wide range of local amenities including shops, supermarkets, and transport links, with the train station nearby offering easy access to surrounding towns and cities. This central location continues to attract strong rental demand due to its accessibility and proximity to key employers and education facilities.

The property is a fully licensed HMO and located within an Article 4 area, ensuring compliance and making it a ready-made investment opportunity. With all bedrooms offering en-suite facilities, the property is well positioned to achieve strong rental income and appeal to quality tenants. The TS1 area is known for its high rental yields and consistent tenant demand, particularly from the student and professional market, making this an attractive option for investors seeking a low-maintenance, income-generating asset.

  • Financial Performance *
Gross rent
£24,000
Lettings fees PA
£2,400
Estimated annual running costs
£5,000
Net income
£16,600
Gross yield
17.14%
Net yield
11.86%

Fill in your details below to enquire about property YL-08471
4 Bedroom Terraced House

Gresham Road, 
Middlesbrough
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*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