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11 bedrooms HMO, near Teesside University, Middlesbrough, England

GBP 399,950
Under Offer

Description:

Fully Licensed HMO. Only a stones throw from Teesside University, as it ranks 85th in the Times University Guide 2019 and 70th in the Guardian University Guide 2020. The university is expanding and the demand for suitable accommodation nearby campus is always consistently growing, especially for the international students.

The property briefly comprises with: 11 bedrooms, 5 with en-suite, 2 double shower rooms, a separate toilet facility. Extended kitchen and large dining/lounge area. Demand for rooms is constant all year round.

Manged by a long standing professional management company, it has a very low non-occupancy rate. This portfolio is an ideal investment for anyone looking for a sustainable income generation machine. This property is now available with BBP Estates with the following details,

FeaturesDetails
TenureFreehold
Location Middlesbrough, Teesside University, TS1
TypeFully Licensed HMO
Rental Income: £ 48,000 pa
Current statusTenanted
Demand£3,99,950
PotentialStudents, Professional residents
ParkingYES (T&Cs apply)
UtilitiesALL AVAILABLE
Sourcing Fee1%

Disclaimers: Information provided here for illustration purposes only and may be subject to change from time to time. Prices shown here always will be the prices to pay in local currency. Please contact the agent to be certain for offers, availability, pricing, specification, viewing, booking, reservation process and for any other queries you may have. Any viewings are strictly subject to the due process and pre-orgasined with the agent only. All purchases are subject to a sourcing fee, payable to The BBPEstates Global, as mutually agreed, unless otherwise stated within the description area.  BBPEstates may not be the exclusive agent and this can be sourced from one of its various channels, please inquire for further details.

City:
State/County:
Country: United Kingdom
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Property Id : 23208
Price: GBP 399,950
Fitted Bathroom
Fitted Lounge
Fitted Security
Fire & Safety Complaint
Higher Return on Investment
walkscore94 / Walker's Paradise more details here

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