45 Hampden Street, South Bank, Middlesbrough, TS6 6LH

Description

• PRIME NEW ENTRY. We are excited to present this tenanted 2 bedroom terraced property, located within a prime location in Middlesbrough. 

• **43 Hampden Street, Middlesbrough, TS6 6LH Previously sold for £52,000. 12 South Terrace, Middlesbrough, TS6 6HP Previously sold for £50,000**

• Fantastic buy to let opportunity. Sure to appeal to shrewd investors looking for a readily let property with great potential for capital growth. 

• The property is currently tenanted at a monthly rental of £425 p/m (£5,100 p/a). This would provide an excellent 11% yield if achieved for guide price. Property could potentially achieve £475 - £500 p/m - **HIGH YIELDING OPPORTUNITY**

• Property is located near a whole host of local amenities and is situated just a short 8 minute drive from Middlesbrough Train Station. Excellent Transport links nearby.

PRIME NEW ENTRY. Fantastic 2 bedroom terrace property, located within a sought after location in Middlesbrough. 

Property comprises:Entrance hallway, living room, kitchen, 2 large double bedrooms and bathroom. Property benefits from a spacious yard to the rear and ample storage throughout. 

Prime Opportunity for investors looking for a property in an excellent location. Property is readily let at £5,100 per annum. Excellent yield if achieved for guide price.

Property could potentially achieve £475 - £500 p/m in rent. High yielding opportunity.

 This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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 large town in the Tees Valley with a strong industrial heritage that’s now in the middle of long-term regeneration, and people tend to live here because everyday life is simply more affordable than in much of the UK. House prices and rents are low, which attracts first-time buyers, families and renters who want more space for their money, while Teesside University, the NHS, manufacturing, ports and growing digital and renewable sectors provide a steady employment base. The town is well connected by the A19, A66, rail links and Teesside Airport, and it sits close to the North York Moors and coast, which adds lifestyle appeal. Investors are drawn by the combination of low entry prices, strong rental demand from students and working tenants, and above-average yields, often outperforming southern markets on cash flow, with the added upside of regeneration projects in the town centre and wider Teesworks area that aim to drive jobs, confidence and long-term growth.

Map

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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.