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20 Netherfields Crescent, Middlesbrough, TS3 0QL

Guide Price

£50,000

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Guide Price

£50,000

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Residential

house

semi-detached house

Vacant

20 Netherfields Crescent, Middlesbrough, TS3 0QL

2

bed

1

bath

1

reception

Freehold

Rare BRRR Opportunity

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How to buy at auction

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Deadline for offers

Today

Description

  • PRIME NEW LISTING. We are excited to present this vacant 2-bedroom semi-detached house located within a prime location in Middlesbrough.

  • **7, Netherfields Crescent, Middlesbrough TS3 0QL sold for £109,999 in May 2024, 65, Netherfields Crescent, Middlesbrough TS3 0QL sold for £108,999**

  • With the potential for a monthly rental income of £1,800 - £2,000 PCM (£21,600 - £24,000 per annum), this property offers an exceptional gross yield based on the guide price. It represents an attractive investment for those seeking high-yield opportunities.

  • This property requires full renovation but presents fantastic capital growth potential. It is sure to appeal to both homeowners desiring a brand-new home and shrewd investors looking for a BRRR project in a sought-after area.

  • This is an outstanding opportunity for investors and developers seeking a rare project with remarkable capital growth potential. The property is priced to ensure a quick auction sale, promising substantial returns for those who act swiftly.

PRIME NEW LISTING. We are excited to present this vacant 2-bedroom semi-detached house located within a prime location in Middlesbrough.

The property comprises two spacious bedrooms, a generously sized reception room, a well-planned kitchen, and a family bathroom, all requiring full renovation to reach their full potential.

With the potential for a monthly rental income of £1,800 - £2,000 PCM, this property offers an exceptional gross yield based on the guide price, making it an attractive investment for those seeking high-yield opportunities.

This property requires full renovation but presents fantastic capital growth potential. It is sure to appeal to both homeowners desiring a brand-new home and shrewd investors looking for a BRRR project in a sought-after area.

This is an outstanding opportunity for investors and developers seeking a rare project with remarkable capital growth potential. The property is priced to ensure a quick auction sale, promising substantial returns for those who act swiftly.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**7, Netherfields Crescent, Middlesbrough TS3 0QL sold for £109,999 in May 2024, 65, Netherfields Crescent, Middlesbrough TS3 0QL sold for £108,999**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Middlesbrough is a vibrant town in North Yorkshire, enriched with culture and history. Known for its thriving community and excellent transport links, it offers a variety of amenities, shops, and schools, making it a desirable place for both residents and investors.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.