2-bedroom flat · TS2 1AX
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Community In A Cube or CIAC Building is located in the town of Middlesbrough and sits proudly on the site of Middlesbrough's old docks.
Thirteen are pleased to offer this 2 bed, second floor apartment which is available immediately to rent.
The property briefly comprises, entrance hallway, lounge / kitchen, two bedrooms and a bathroom. Externally Gated communal entrance, lift to 4th floor and access to property via communal hallway.
Internally Entrance Hallway with storage cupboard. Lounge/Kitchen area with 2 x large windows. White gloss kitchen with laminate worktops, oven, hob extractor fan, fridge/freezer.
Bedroom 1 - 1 x window, carpet flooring. Bedroom 2 - 1 x window, carpet flooring. Bathroom - 1 x window, white suite; shower over bath, pedestal sink and toilet.
Communal Facilities: Communal Terrace Bike Storage EV Charging Facilities Please note, CIAC Energy is Provided by NFU Energy and the Internet is provided by Virgin Media. Not included in rent.
Please contact Thirteen to enquire. All Applicants will undergo referencing checks.
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
FAQ
About Ciac, Quay Street, Middlesbrough
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