It is exceptionally rare when a property of this calibre is offered to the open market. We deem this to be one of the most ideal investment opportunities we have had the pleasure of marketing given its size, location, finish and more importantly value for money and return. This perfectly maintained building offers seven, fully tenanted self contained properties receiving a rental income between £380 and £450 per month. Each apartment offers well presented and modern accommodation on a generous plot with private parking available. This simply superb opportunity offers a staggering 10%+ rate of return and by historically working in conjunction with Middlesbrough council no apartment is rarely vacant giving the prospective new owner/landlord considerable peace of mind. With an annual income of circa £35,000 we believe this property represents not only excellent value for money but a safe and rare investment.
Circa £35,000 per anum income Exceptional yield Fully tenanted Rarely vacant Well maintained and presented Private parking Six apartments & one bungalow available
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
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Full information on Council Tax discount entitlements can be found on the Gov.UK's website.