2-bedroom flat · TS1 2LR
To rentListed 115 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
John Monk & Co are pleased to offer this prestigious new development comprising 86 furnished apartments for rent.
Located in a central and poplar part of Middlesbrough close to Teesside University, the growing it Sector, the Commercial Centre, James Cook Hospital. Finished to a high specification.
Each luxury apartment is beautifully decorated and comprises an open plan living dining area with a fully equipped kitchen with integrated dishwasher, fridge/freezer, oven, hob, microwave and washer/dryer.
The spacious bedrooms include luxury king-size beds and floor to ceiling fitted wardrobes to maximise storage space.
There is also a fully tiled luxury shower room with a large walk-in shower, vanity storage unit, LED mirror and heated towel radiator. All the apartments are soundproofed.
With a dedicated 24/7 management system, the building is also equipped with video intercom, CCTV, Air Conditioning System, recycling shoots, two lifts and private parking is available.
Set within close proximity to Middlesbrough Town Hall Theatre, mima, Centre Square, restaurants, shops, train station and transport links.
**All electrical and heating charges included in the rental price**
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 1E Vertex, Grange Road, Middlesbrough
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