Residential Buy to Let | Percy Street, TS1 | 6.40 Percent Gross Yield
Purchase Price: £75,000
Current Rent: £400 PCM | Total Annual Income: £4,800
Looking for an accessible asset with immediate upside in the heart of Middlesbrough? This property on Percy Street offers a secure entry level investment in a prime rental hotspot with clear potential to boost performance.
Key Investment Highlights
Prime TS1 Location: Situated within walking distance of Teesside University, town centre shops, and central transport links.
Rental Increase Opportunity: The current rent of £400 PCM can easily be increased to align with higher local market rates, drastically improving your overall gross yield.
Low Barrier to Entry: An accessible £75,000 purchase price, ideal for building or expanding a regional residential portfolio.
Consistent Local Demand: High footfall area ensuring strong, year round tenant interest from students and local professionals alike.
A solid, straightforward property offering instant scope to increase your monthly cash flow.
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