3-bedroom terraced house · TS4 3RS
Listing removedListed 41 days · slow let
Opportunity summary
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About
** AVAILABLE IMMEDIATELY ** SMITH & FRIENDS are pleased to bring to the market a wonderful three bedroom end of terrace, situated in this quiet, highly sought after residential area of Scholars Rise, Middlesbrough.
The development's location on Marton Road means that it's a quick trip down the A172 to reach Middlesbrough town centre, while James Cook University Hospital, the local Toby Carvery and smaller shops are also right on the doorstep.
Stewarts Park and Albert Park are also nearby, as is Middlesbrough Municipal Golf Centre. For commuters, there is easy access to the A174, A66 and A19, Marton train station is also nearby.
For those venturing further afield Durham Tees Valley Airport is in close proximity. There are some excellent schools in the catchment area of the property.
The Property briefly consists of; Entrance Hall, Lounge with Patio doors leading to a South Facing Garden, Downstairs WC, Kitchen/Diner with High gloss white wall drawer and floor units, roll edge work top, electric oven, four ring gas hob with a stainless steel extractor fan, integrated fridge, freezer & dishwasher, stainless steel sink unit and washing machine.
The First Floor provides Three bedrooms with two being double bedrooms and 1 single bedroom and with an en-suite to the master bedroom and Family Bathroom.
Externally, the front of the property provides a double driveway, with side access to an enclosed rear garden with artificial lawn and decking area.
For a viewing contact SMITH & FRIENDS Ltd - Estate agents Ingleby Barwick, Early viewing is highly recommended.
UNFURNISHED, Subject to Conditions Tenant Affordability Income - £ 29,250 - Guarantor Affordability Income - £ 35,100 Monthly Rent £975 PCM Bond £1,125 (Application is subject to a Holding Fee - please refer to our website for further details) Ground Floor - Entrance Hall - 3.38m x 1.09m (11'1" x 3'6") - Downstairs Wc - 1.70m x 0.95m (5'6" x 3'1") - Kitchen / Diner - 3.37m x 2.67m (11'0" x 8'9") - Lounge - 4.40m x 4.81m (14'5" x 15'9") - First Floor - Landing - 3.38m x 1.09m (11'1" x 3'6") - Bedroom 1 - 3.44m x 2.70m (11'3" x 8'10") - En-Suite - 1.41m x 2.46m (4'7" x 8'0") - Bedroom 2 - 3.00m x 2.52m (9'10" x 8'3") - Bedroom 3 - 2.10m x 2.23m (6'10" x 7'3") - Family Bathroom - 1.71m x 2.07m (5'7" x 6'9") -
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
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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 Turnbull Way, Middlesbrough
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