Flat for sale in Middlesbrough TS6, 3 Bedroom

This stunning end of terrace house is incredibly well presented and has a bright and modern decor throughout. The ground floor of this property comprises of a spacious living room which benefits from lots of natural light and a fitted kitchen with plenty of storage space. The first floor includes a good sized double bedroom, a single bedroom which is currently being used as a dressing room and a family bathroom complete with 3-piece suite and a shower over the bath. The master bedroom of this property is located in the converted second floor, also bathed in natural light and boasting lots of space. This property also benefits from a large gated driveway and a back yard.

This property is located in the picturesque village of Lazenby. While Lazenby is only a small village, it still includes a few shops, pubs and cafes but with Middlesbrough town centre only 15 minutes away, tenants are certainly not missing out. Middlesbrough town centre boasts an abundance of bars, restaurants and high street shops as well as cultural attractions including museums, art galleries and theatres. For those who prefer a quieter day out, Lazenby is only 10 minutes away from the coast, offering incredible views and seaside entertainment. Lazenby also has the North York Moors National Park practically on its doorstep, perfect for long relaxing walks.

Middlesbrough is a fantastic place to be investing right now. House prices have risen by 11.36% over the last 5 years (Zoopla 2019) and are not showing any signs of slowing down. As Middlesbrough becomes a more popular area to live, high quality rental accommodation such as this property will be in demand.

Financial Breakdown

Gross rent: £5,400
Ground rent: £0
Service charge: £0
Lettings fees: £540
Net income: £4,860
Gross yield: 7.2%
Net yield: 6.48%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-13463