£299,999 /Sale price

We are delighted to welcome to the market this neatly presented 8-bedroom student HMO, ideally positioned on the doorstep of the University in the heart of TS1. This is a rare opportunity for investors seeking location, yield, and long-term stability in one of Middlesbrough's strongest student rental areas. The property currently generates a comfortable annual income of £37,728, equating to £3,144 per calendar month (Subject to all rooms been rented out), with bills included, offering immediate returns from day one. The property is in very good condition throughout and has significant value-add potential, with scope to convert up to five bedrooms into ensuite rooms if desired. At present, Rooms 1, 2, and 6 already benefit from private ensuites. On the ground floor, you are welcomed by a spacious entrance hallway, leading to Bedrooms 1 and 2, along with a high-quality kitchen finished with modern high-gloss units. To the rear of the kitchen is a separate utility room, complete with an additional WC, enhancing practicality for shared living. The first floor continues the fresh and modern feel, housing Bedrooms 3, 4, 5, and 6, alongside two shower rooms and two separate WCs, all finished to a good standard. The second floor comprises Bedrooms 7 and 8, completing the accommodation. Key Investment Highlights:- 8-bedroom student HMO Directly opposite the University Annual income: £37,728 (£3,144 PCM) Bills included Existing ensuites with further conversion potential High-gloss modern kitchen Freshly painted throughout Prime TS1 location Strong student demand and instant income This is a huge investment opportunity in one of the most sought-after student locations in Middlesbrough.