Lonsdale Street, Middlesbrough TS1

This property presents an appealing buy-to-let opportunity in the sought-after TS1 postcode of Middlesbrough. Priced at £67,000, this spacious residential house currently features two bedrooms and a double reception room, with significant potential for conversion into a three-bedroom home, thereby enhancing rental income capabilities. A minor refurbishment is required, estimated between £5,000 and £10,000, which would elevate the property to premium letting standards. With potential rental yields of up to 19.70%, this offering not only aims to generate attractive monthly returns but also positions itself favorably due to its proximity to Teesside University and major transport links. This is an excellent chance for investors seeking to maximize cash flow and equity growth in a strong rental market.