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    57 Gilkes Street, Middlesbrough TS1 5EL
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    Gresham Road, Middlesbrough, TS1 4LS

    £87,995Freehold

    311
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    Property Calculators

    Property Value (ÂŁ)
    Deposit (ÂŁ) 10.00%
    Duration (Years)
    Interest Rate (%)

    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ418 /mo.
    25 Years, 4% Interest
    Loan
    ÂŁ79,196
    Total Repay
    ÂŁ125,407

    Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ0
    0% up to ÂŁ87,995
    Your effective stamp duty rate is 0%

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    £87,995

    Terraced house

    Gresham Road, Middlesbrough, TS1 4LS

    3 Bedrooms1 Bathroom1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:A
    Broadband:up to 1000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Tenure: Freehold
    EPC Rating C
    Vacant Possession and Chain Free
    Large 3 Bedroom Terraced Property - Potential To Convert to 2 Self-Contained Flats
    Projected Social Housing Income of £1,100PCM
    No Maintenance, No Management, No Voids
    Guaranteed Annual Income of £13,200
    All Set Up and Managed By Horizon Portfolio Building
    Buyers Fee: £5,500 + VAT (includes property acquisition and lease arrangement via Horizon Property Group)

    Description

    Investment Overview
    An excellent investment opportunity in the heart of Middlesbrough’s popular Newport Ward, just moments from Teesside University and the town centre. This large three-bedroom terraced house offers exceptional potential for conversion and strong long-term rental yields.

    The property is available vacant and freehold, ready for refurbishment. Horizon Property Group can deliver a full conversion and refurbishment package to create two self-contained flats — ideal for social housing.

    Social Housing Investment Option
    Through Horizon Property Group, this property can be converted and leased under a Social Housing FRI Lease—a fully managed, hands-off investment offering secure income and no maintenance or management costs.

    Projected Rental Income:
    £1,100 PCM (via Social Housing FRI Lease)
    Equivalent to £13,200 per annum guaranteed
    No voids, no maintenance, no management fees

    Next Steps
    All interested investors must submit:
    Proof of ID
    Proof of Funds
    These are required prior to viewings or offer submissions.

    For further details, refurbishment packages, or to discuss the Social Housing Lease option, contact Horizon Property Group today.

    Buyers Fee: £5,500+VAT (covers property acquisition & social lease arrangement)

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