Fantastic opportunity to purchase this three bedroom first and second floor maisonette flat with tenant in situ located within easy reach of all local shops, amenities and Albert Park in the desirable residential area of Linthorpe, Middlesbrough.
The tenant is currently paying £425 pcm, this property is a fantastic investment with a rental yield of over 20%.
The property is situated within a converted mid-terrace building and comprises on the first floor reception room and kitchen with three bedrooms and bathroom situated on the second floor.
Please note the tenure is leasehold with the property held on a 99 year lease from 10/11/1989 until 25/4/2088 (thus approximately 69 years unexpired).
Linthorpe is a popular residential area in Middlesbrough which offers a host of local amenities as well as a number of schools at primary and secondary level. Middlesbrough is a large post-industrial town in North Yorkshire. The local council, a unitary authority, is Middlesbrough Borough Council. The 2011 Census recorded the borough's total resident population as 138,400 and the wider urban settlement with a population of 174,700. Middlesbrough is part of the larger built-up area of Teesside which had an overall population of 376,333 at the 2011 Census. Middlesbrough became a county borough within the North Riding of Yorkshire in 1889. In 1968 the borough was merged with a number of others to form the County Borough of Teesside, which was absorbed in 1974 by the county of Cleveland. Middlesbrough Leisure Park is located at the eastern edge of the town centre. The leisure park hosts restaurants, a Cineworld multiplex cinema, fast food outlets, an American Golf outlet and a gym. Train services are operated by Northern and TransPennine Express. Departing from Middlesbrough railway station, Northern operates rail services throughout the north-east region including to Newcastle, Sunderland, Darlington, Redcar and Whitby, whilst TransPennine Express provides direct rail services to cities such as Leeds, York, Liverpool and Manchester. Middlesbrough is also served by a number of major roads including the A19 (north/south), A66 (east/west), A171, A172 and A174. Purchasers notes
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