Cadogan Street, Middlesbrough TS1

This investment opportunity presents a promising property on Cadogan Street in Middlesbrough, ideal for investors seeking to enhance their portfolio. With a purchase price of £67,000 and the potential for monthly rental income of £700, this property boasts a gross yield of 12.54%. Its affordability allows for strategic capital deployment, while its location within the TS1 postcode ensures strong demand from tenants due to proximity to Teesside University and essential amenities. Although marketed as a turnkey asset, there's room for light renovations that could further increase its rental value and attractiveness to potential tenants. The current condition supports immediate occupancy, yet minor improvements could amplify returns even more. This asset stands as an exceptional option for those aiming to achieve consistent cash flow without engaging in extensive refurbishment projects.