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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)