Popular Location for Students - 2 RECEPTION ROOMS AND 2 DOUBLE BEDROOMS and TENANTED UNTIL JANUARY 2020.
Clifton Street is situated in a popular STUDENT LET LOCATION near TEESSIDE UNIVERSITY. This terraced property would, in our opinion, be a superb investment opportunity offering a HIGH YIELD RETURN.
The property was fully refurbished in 2015 to a high, modern standard perfectly suited to the student market and it is designed to accommodate up to 4 students to maximise rental potential.
Briefly comprises: - Hall, Reception Room (Bedroom), Reception Room, Kitchen, Bathroom and 3 Bedrooms. Benefits fro Double Glazing, Central Heating and Enclosed Yard.
RENTAL INFORMATION - tenanted until December 2019
Call Hunters, Teesside on 01642 224366 to arranged a viewing (tenants require at least 48 hours notice).
N.B. photo were taken before students moved in.
The current vendors have owned the property since 2015 and it has been successfully let to students each year since: -
2015 / 2016, 4 Students paying £90pppw = £18,000 PA
2016 / 2017, 4 Students paying £90pppw = £18,000 PA
2017 / 2018, 4 Students paying £85pppw = £17,000 PA
2018 / 2019, 3 Students paying £80pppw = £12,480 PA
The vendors advise that the drop in income this year was due to their attention has been diverted to another project, hence the sale.
With some light refurbishing the property has potential to achieve a successful let of full capacity.
Currently advertised for next academic year. Any future tenancies agreed may be subject to active management terms and conditions. Please ask for details.
Viewing 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.
RECEPTION ROOM DRESSED AS A BEDROOM
2.29m (7' 6") x 3.29m (10' 10") Max Measurements
2.94m (9' 8") x 3.52m (11' 7") Max Measurements
2.06m (6' 9") x 3.81m (12' 6") Max Measurements
1.98m (6' 6") x 2.21m (7' 3") Max Measurements
4.04m (13' 3") x 2.88m (9' 5") Max Measurements
2.40m (7' 10") x 3.71m (12' 2") Max Measurements
2.11m (6' 11") x 4.01m (13' 2") Max Measurements