A Superb Investment Opportunity close to TEESSIDE UNIVERSITY and offering a POTENTIAL YIELD OF 12%.
Briefly comprising: Hallway, Open Plan Lounge Dining Room, Kitchen and Bathroom to ground floor - Landing and Three Bedrooms to upper floor.
Benefited by gas central heating, double glazing, fully enclosed yard to rear and on street parking to front.
Internally there is POTENTIAL to create another bedroom at ground floor level by dividing the lounge diner.
The property is currently TEANTED providing a monthly income of £110.
There is potential to increase this up to £700pcm if let to three students.
LOUNGE DINER RECEPTION ROOM
6.837M X 4.306M MAX
4.692M X 2.335M
2.298M X 2.158M
4.405M X 3.158M
3.682M X 2.621M
3.40m (11' 2") X 2.39m (7' 10")
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.
SELECTIVE LANDLORD LICENSING INFORMATION
The purpose of such schemes is to improve standards of property management in the private rented sector.