This two-bedroom terraced home presents a unique opportunity for those interested in renovation and investment within a quiet residential area of Middlesbrough. The property stands as a blank canvas, allowing for a range of potential modifications to enhance its value and appeal.
Situated conveniently close to Teesside University and Middlesbrough town centre, this location is ideal for capturing the rental market. With the potential for conversion into a House in Multiple Occupation (HMO)—subject to necessary consents—this property could yield strong returns, making it an attractive option for investors. The estimated post-refurbishment rental income could reach approximately £725 per month, indicating solid long-term earning potential.
The layout currently features two spacious reception rooms that provide ample living space and create opportunities for reconfiguration. The ground floor includes a fitted kitchen with access to an enclosed rear yard, while the first floor accommodates two double bedrooms along with a family bathroom. There’s also scope for further enhancements, such as converting one of the reception rooms into an additional bedroom to increase occupancy options or even exploring loft extension possibilities on the spacious landing.
The surrounding neighborhood is characterized by low traffic, contributing to its appeal as both a family-oriented community and an attractive area for students. Local amenities—including schools, parks, shops, and efficient public transport links—are all within walking distance, enhancing the property's connectivity and convenience.
With freehold ownership and vacant possession available, this property offers flexibility and freedom to develop according to your vision. Whether you're considering it as a family rental property or as part of a broader investment strategy focused on student housing or resale after refurbishment, its notable features combined with significant potential make it worth exploring further.