HUNTERS offer FOR SALE a Two Bedroom, Two Reception Room End-Terraced House close to TEESSIDE UNIVERSITY and Town Centre.
PLEASE NOTE - PROPERTY REQUIRES A FULL REFURBISHMENT.
Portman Street is a terrace town house in the heart of Middlesbrough and is a popular student area situated within striking distance to the centre of Teesside University.
The property offers HIGH POTENTIAL GROSS YIELDS, but requires refurbishment to bring it up to its maximum potential.
Briefly comprising - Entrance Lobby, Two Reception Rooms, Kitchen and Bathroom, Landing and Two Double Bedrooms.
Call Hunters on 01642 224366 to arrange a viewing.
The property is designed to house two/three students.
The current vendors have owned the property since 2014 and the rental history is as follows: -
2014 / 2015, 3 Students paying £60pppw = £9000 PA
2015 / 2016, 3 Students paying £60pppw = £9000 PA
2016 / 2017, 2 Students paying £70pppw = £7000 PA
2017 / 2018, Empty = £0 PA
RECEPTION ROOM / BEDROOM
SELECTIVE LANDLORD LICENSING INFORMATION
The purpose of such schemes is to improve standards of property management in the private rented sector. The council can make the designation where it believes this will, when combined with other measures, lead to improved social and economic conditions in the area. An area can be designated as a Selective Landlord Licensing area for a maximum of 5 years.
Within the designated area, all private rented properties will require a licence, although there are some exceptions to this listed in the proposal document. The licence will contain conditions that all landlords must adhere to.
For more details visit - https://www.middlesbrough.gov.uk/planning-and-housing/landlord-and-tenant-support/newport-selective-landlord-licensing-consultation
IMPORTANT VIEWING INFORMATION
Disclaimer: - Please note that whilst we aim to provide you with as much detail as possible about a property, it is impossible for us to ascertain if a potential buyer will be suited to a property due to differing requirements / personal preference etc., therefore viewings are recommended.
Our viewing slots are in high demand and all viewings are by appointment only. All routine appointments are 20-minute slots. Some properties are tenanted and require at least 48 hours’ notice - please note we cannot guarantee access when relying on 3rd parties even when previously confirmed. It is advisable to book 4-5 days in advance to avoid disappointment and a flexible approach is beneficial.