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House For Sale £75,000
Falkland Street, Middlesbrough TS1


Description
Ashbrookes are happy to bring Falkland St to the market! This property is great to add to an investment portfolio or to get your portfolio off the ground...

Falkland St has tenants in situ all on 12 month ASTs since October 2022. Ashbrookes currently manage this property and can confirm we have the gas and electric reports with up to date tenancy agreements, deposit and guarantor certificates.

While this property may be a 2 bedroom mid terrace it is occupied as a 3 bedroom student house share. This property achieves £325pcm per room giving you a gross total of £11,700. At Ashbrookes we set a cap price for bills on all of our properties and this one has a cap of £15pw per room.

This is a fantastic property and area to invest in for students. We are able to offer a management package to the next owner. The net return pa on Falkland St is £9,540 giving you a yield of 12.72%.

We will be holding block viewings on this property due to the interest.

***viewings are advised***

Reception Room (Bedroom 1)

Living Room (3.772 x 3.727 (12'4" x 12'2"))

Kitchen (5.129 x 2.107 (16'9" x 6'10"))

Bathroom (1.214 x 1.999 (3'11" x 6'6"))

Bedroom 2

Bedroom 3

Follow the link for more information:
        
zoopla.co.uk

  
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