5 Bedroom HMO

An excellent opportunity to acquire a freehold five-bedroom HMO on Crescent Road, Middlesbrough. The property benefits from an HMO licence already in place, with all five bedrooms featuring their own en-suite facilities. Arranged over two floors, the accommodation comprises two bedrooms on the ground floor and three on the upper level.

Currently delivering a 9% net yield, which will increase to 12% net when fully let, this is an attractive investment opportunity. The property has a mix of professional tenants and students in occupation and is fully managed, offering investors an established income-producing asset with an existing tenant base and management structure in place.

Crescent Road is situated in Middlesbrough, a well-established North East town with a strong rental market supported by its student population, professional workforce and local employment opportunities. The property benefits from access to Middlesbrough town centre, local shops, amenities, public transport links and the wider Teesside area.

Teesside University is a key driver of local rental demand, attracting students from across the UK and internationally, while nearby employers and businesses support demand from working professionals. This combination makes Middlesbrough an established location for HMO investment.

The town continues to benefit from regeneration initiatives focused on revitalising the town centre, improving public spaces and strengthening the local economy. Wider investment across the Tees Valley in industry, infrastructure and employment may further support the area’s long-term growth prospects.

Please note that the property may fall within an area where a Selective Licensing scheme applies.