2 × 4-bed HMO · TS1 4PL
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenanted Investment | 9.7% Yield | HMO Potential | £93,000 Pure Investor is delighted to present this three-bedroom mid-terraced freehold investment property in Middlesbrough, offered with a long-standing tenant in situ and generating an immediate rental income of £750 PCM (£9,000 per annum).
Priced at just £93,000, the property currently delivers a strong gross yield of 9.7%, making it an attractive addition to an investment portfolio.
There is also potential to increase the rent to approximately £825 PCM, increasing the gross yield to around 10.6%, subject to market conditions and tenancy arrangements.
The property has previously operated as a four-bedroom HMO, providing an alternative investment strategy for purchasers looking to maximise returns.
Buyers should make their own enquiries regarding HMO licensing, planning requirements and compliance.
Located within the Newport area of Middlesbrough, the property benefits from strong rental demand and offers investors multiple exit and income strategies.
Investment Highlights Tenant in situ paying £750 PCM 9.7% gross yield at asking price Potential 10.6% gross yield Previously operated as a 4-bed HMO Freehold property Established tenant of approximately 3 years Asking Price: £93,000 EPC Rating: D An excellent opportunity to acquire an income-producing asset with scope for future rental growth and value enhancement.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Costa Street, Middlesbrough
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