Location: 7 Ingleby Close, Middlesbrough, TS6 8EN
Property Type: 3-Bed Terraced House
Bedrooms: 3
Bathrooms: 1
Tenure: Freehold
Tenancy Status: Private Tenancy in Place
Investment Strategy: Buy-to-Let
Key Features
High-Yield Investment Strong ROI from Day One
Currently Tenanted Immediate Rental Income
Potential to Increase Rental Income to Market Rate
Growing Rental Demand in the Middlesbrough Area
Well-Maintained Property in a Desirable Rental Location
Comparable Market Value: £90,000
Close to Key Transport Links, Local Amenities & Employment Hubs
Full Legal Pack Available for Quick Purchase
Completion in as little as 28 Days
Current Investment Figures
Current Rental Income: £575 PCM / £6,900 PA
Current Gross Yield: 9.20%
Projected Investment Figures (If Market Rent is Achieved)
Market Rental Potential: £650 PCM / £7,800 PA
Projected Gross Yield: 10.40%
Potential for Capital Growth: Medium
Value-Add Potential: Rental Uplift to Market Rate
Investment Strategy & Exit Options
Buy-to-Let: Secure long-term passive income with a tenanted property.
Rental Uplift Strategy: Potential to increase rental income in line with the market.
Portfolio Expansion: Ideal for investors looking to grow their property portfolio in a high-demand rental area.
Capital Growth Potential: Affordable location with steady tenant demand and future appreciation prospects.
Why Invest in This Property?
Immediate Rental Income Currently Tenanted
High Yield of 9.20% (Potential 10.40% at Market Rent)
Growing Demand for Quality Rental Properties in the Area
No Chain Fast, Hassle-Free Completion Available
Low Maintenance, Turnkey Investment Opportunity
Interested? Get in touch today!
For more information or to arrange a viewing, contact Town & Country Property Auctions North East:
Disclaimer:
Material information will be provided within the legal pack- to download this register your interest at tcpa.co.uk.
Please Note T&C has not inspected this property.
Tenure
Freehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a £4000+VAT (subject to a minimum of £4000 +VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Agent Details
Town & Country Property Auctions, Normanby
01644 714343
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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