We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · TS6 7HP
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NGU Homes are delighted to bring to the market this three-bedroom home, situated in the popular residential area of Grangetown, Middlesbrough, TS6, offered for sale with a tenant already in situ, currently paying £675 per calendar month and reflecting a yield of approximately 9%, a genuine hands off opportunity for portfolio investors.
Tenant in Situ- Perfect for Investors: This property comes with rental income secured from day one, removing any void period or re letting costs for the incoming investor.
The current tenancy provides an immediate, reliable return, making this a straightforward addition to any buy to let portfolio.
EPC rated C: The property benefits from an EPC rating of C, offering reassurance of lower ongoing energy costs compared to many similar homes on the market, a genuine benefit for tenants and a helpful factor in maintaining strong demand.
Well connected Grangetown location: The property sits within easy reach of local amenities.
South Bank railway station is approximately 1.25 miles away, around a 5 minute drive, providing direct rail links into Middlesbrough.
Middlesbrough town centre itself is roughly 3.4 miles away, around a 10 to 12 minute drive, offering a wide range of shops, dining and leisure facilities.
James Cook University Hospital is approximately 3 miles away, around a 10 minute drive, and Redcar town centre and coastline are roughly 3.3 miles away, also around a 10 to 12 minute drive, making this a well placed base for tenants wanting access to both Middlesbrough and the Teesside coast.
Upon entering, you are welcomed into a bright hallway, leading through to the spacious living room, finished with neutral décor and patio doors opening onto the rear garden.
The kitchen is fitted with a range of warm wood effect wall and base units, contrasting dark worktops, a gas hob with oven beneath, and space for further appliances.
To the ground floor, there is also a handy separate WC, finished with a modern two piece suite and tiled flooring.
To the first floor, the property offers three carpeted bedrooms, all neutrally decorated, one benefiting from a striking feature wallpapered wall and pleasant outlook to the front and rear.
The family bathroom comprises a white three piece suite with panelled bath, overhead shower, wash basin and WC, along with tiled flooring and part tiled walls.
Externally, the property benefits from a generous rear garden and a driveway to the side, as well as on-street parking. Council Tax Band: B (Redcar & Cleveland Council) Tenure: Freehold
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
Agent & docs

FAQ
About Grange Farm Road, Middlesbrough
Explore nearby