A fantastic opportunity to acquire a long-established student HMO investment in a prime central Middlesbrough location, ideally positioned for access to Teesside University and the town centre.
The property has been fully renovated and modernised, offering an attractive turnkey investment for both experienced landlords and investors looking to add a high-yield HMO to their portfolio.
The property operates under an HMO licence and benefits from its established use as a student rental property.
Prime Student Location
Situated on Athol Street in central Middlesbrough, the property is well placed to benefit from the strong and established student rental market associated with Teesside University.
Its central position provides convenient access to the university, local amenities, shops, restaurants, transport links and Middlesbrough town centre, making it an appealing location for student tenants.
At maximum occupancy, the property is projected to generate £1,750 per calendar month, equating to £21,000 per annum.
Based on the projected rental income, the property offers an impressive 16.8% gross rental yield, making it an attractive proposition for investors seeking strong rental returns.
Whether you are an experienced HMO landlord looking to expand your portfolio or an investor seeking a high-yielding property with established student demand, 48 Athol Street represents an excellent opportunity to acquire a modernised, licensed HMO in a strong central location.
Projected Income: £1,750 PCM | £21,000 PA | 16.8% Projected Gross Yield
Buyers Premium Fee: £5,500+VAT
