- Three bedroom semi-detached property +
- Being sold with the current tenant in situ +
- Annual rental income of £12,000 +
- Freehold property +
- net yield of 6.5% +
- Newer build property +
Property Overview
* Freehold, 3-bedroom semi-detached home
* Two bathrooms / WC: one on the ground floor, one on the first floor
* Private gardens and off-street parking included
* Good condition and ready for let, giving immediate income
Financials & Yield Analysis
Metric Value
Purchase Price £185,000
Annual Gross Rental Income £12,000
Net Yield 6.5%
Key Reasons to Invest in 19 Oval View
1. Strong and Reliable Income
With a rent of £1,000 pcm, the property delivers consistent cash flow from day one. Net yield 6.5% is already above many "stable" markets.
2. Freehold with Strong Fundamentals
A freehold semi with two WC's, gardens, and parking - desirable for family lets, reducing void risk and increasing tenant appeal.
3. Growth Potential
Middlesbrough is outperforming many other North-East areas in terms of house price appreciation and rent growth. Coupled with relatively low entry costs, this means substantial upside in both capital gains and rental income.
4. Good Yield vs Local Averages
While TS4 is not the very highest yielding postcode in Middlesbrough (some TS3, TS1 generate more), this property's yield is solid given its condition, location, and lower risk profile. Risk vs reward looks favourable.
5. Regeneration & Demand
The wider Middlesbrough area benefits from regeneration projects, infrastructure improvement, and high rental demand (students, young professionals, families). These trends help ensure demand remains strong, lowering vacancy risk and supporting upward pressure on rents.