This substantial bay-fronted terrace property in Newport Ward (TS1) presents a compelling opportunity for investors, particularly those focused on the growing student rental market. With two access points from Princes Road and a notably spacious rear yard, this home offers significant room for transformation beyond typical terrace limitations.
While the interior does require renovation, the house has seen solid external improvements, including energy-efficient external wall insulation and modern rendering that contribute to a respectable EPC rating of D. Structurally sound with double Roman roof tiles and fully double-glazed windows, the property also benefits from a reliable combi-gas central heating system.
The layout includes a traditional bay-fronted lounge alongside three bedrooms and a first-floor bathroom. There is great development potential here - you could reconfigure the space into a multi-bedroom HMO or even consider converting it into two self-contained flats given its advantageous dual-street access.
Its proximity to the University of Teesside ensures consistent demand from tenants, while local amenities provide convenience for residents. This freehold property is available for direct purchase without any forward chain, making it an appealing option for buyers looking to swiftly capitalize on the investment potential. With strategic renovations, this property could significantly enhance rental income prospects in a desirable location.
