Borough Road, Middlesbrough
£450,000

Clarke Munro are delighted to introduce this incredible investment property in a prime TS1 location, along from the University Campus and within walking distance to the town centre. The property consists of 7 en-suite bedrooms which share the communal kitchen, and three studio room with their own shower room and kitchen space. The building in 2024/2025 achieved a rental income of £44,000 giving a potential gross yield of 9.7%. The property further beneifts from a large communal space to the ground floor next to the fully equipped kitchen and outside space to the rear of the building. The landlord does pay the electric, water, TV Licence and WIFI bills. The property is managed by TS1 Student Accommodation who will be happy to assist with any enquiries. Ground floor floorplan to follow.