Property photos
£158,811
4 bed property for sale
Haymore Street, Middlesbrough TS5Local area information
Property location
Nearby amenities
- St Edward's RC Primary School 0.2 miles
- Linthorpe Community Primary School 0.3 miles
- Middlesbrough 1.4 miles
- James Cook University Hospital 1.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Middlesbrough to find out more about the local area.
Features and description
4 bed, 4 bathroom HMO with Net returns from 16.46%
The property
A sought-after area with easy access to the University, local amenities and the town centre. Only a 15 minute walk to the University campus and the Student Union bars. The town centre is just a 20 minute walk away.
Spacious enough to enable a 4-bedroom multi let: All with double rooms and 4 bathrooms plus a spacious communal kitchen.
Teesside University has over 20,000 students and has a lively student community
Spacious enough to enable a 4-bedroom multi let: All with double rooms and 4 bathrooms plus a spacious communal kitchen.
Total Project Cost: £158,811.00
Total Cash outlay: £98,312.25
true net income: £16,182.95 per annum
net return on investment: 16.46% per annum
The finished product
•Will be refurbished to the highest standard and contain all the necessities for student life within the furniture pack plus wifi, bike storage etc.
•All rooms will be rented at £90- £95 (ensuite) per person per week.
•Will be supplied, fully regulated and compliant with the local council and passed for university accommodation approval on completion of the building work with all necessary approvals.
•Will be completed including University required extras such as full fire safety accreditation. This comprises of interlinked smoke alarms in all rooms, emergency lighting systems, appropriate fire panels and heat sensors.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Listed by
Streatham Accommodation Bureau
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