Gresham Road, Town Centre, Middlesbrough
£150,000

Clarke Munro offer to the market this well-presented five-bedroom, five-bathroom HMO that offers an excellent turnkey investment opportunity, ideally positioned just moments from the university, ensuring consistent tenant demand.

Fully licensed and compliant with Article 4 regulations, the property is offered fully furnished and is currently tenanted, generating an income of £1,200 per month (excluding bills) with a tenancy secured until October 2026. There is clear potential to enhance rental returns in line with market levels.

Internally, the property comprises a welcoming entrance hallway leading to a communal living area, providing shared space for tenants to relax. To the ground floor, there is a well-equipped kitchen fitted with a range of matching wall and base units, along with two bedrooms, each benefiting from their own private en-suite facilities.

The first floor offers a further two en-suite bedrooms, in addition to a fifth bedroom served by a separate shower room, ensuring ample facilities for all occupants.

Externally, the property features an enclosed rear yard, providing low-maintenance outdoor space.

This is a ready-made investment with immediate income and strong long-term letting potential in a highly sought-after rental location.



MATERIAL INFORMATION
Freehold
Middlesbrough Council Tax Band A
Estimated Broadband Speeds up to 5500Mbps
Mobile Signal from ofcom.org shows as 89% for EE, 80% for Three, 80% for O2 and 70% for Vodafone
Low Flood Risk

*Lease details, service charges, ground rent (where applicable) council tax, mobile and broadband connectivity are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.