Terraced house for sale in Wylam Street, Middlesbrough, North Yorkshire TS1

Investment opportunity in TS1: 2-bedroom property to be used as A 3-bedroom student house

Introducing Wylam Street, a compelling investment property in TS1. This property has 3 rooms to be used for students as well as a top attic room which doesnt have building regs to be used as a bedroom at present.

This property is in a prime location with a 5-minute walk to Teesside University. The potential achievable student rent per room, post-improvements would be £390pcm.

Your net annual take-home, after deducting bills and management costs associated with a student property, would be £10,044 pa. This results in an impressive 13.4% return on investment at the asking price.

Please note that if you opt for a mortgage, there will be additional costs to consider. At Ashbrookes, we include a cap in the bills at £20 per week per room, a detail already incorporated into the net figures along with our management fee.

To arrange a viewing or gather more information before this property is snapped up, kindly contact us at option 1).

Measurements:
- Reception Room / Room 1 12'8" x 9'1" (3.86m x 2.77m)
- Reception Room 12'8" x 10'3" (3.86m x 3.12m)
- Kitchen 10' x 6' (3.05m x 1.83m)
- Bathroom 6'7" x 6'7" (2m x 2m)
- Bedroom 2 13'2" x 9'10" (4.01m x 3m)
- Bedroom 3 13'1" x 12'11" (4m x 3.94m)
- Loft Room 11'9" x 11'4" (3.58m x 3.45m)<br /><br />