9 Crescent Road, Middlesbrough, North Yorkshire, TS1 4QN

For sale by Auction on 01 October 2026. This five bedroom, licensed HMO, was converted in 2023, and has successfully been operated as a student let ever since.

As at August 2026, the property was fully let and generating an income of £28,392 per annum. This equates to a potential gross yield of, more than, 20% when based on the guide price.

The building is in overall good condition (having been upgraded to an EPC rating of C in 2023) and one room recently became vacant but is already relisted to let, so our marketing could be subject to a positive change.

Internally, each of the five double bedrooms has its own ensuite shower room and tenants have use of a modern, communal lounge and kitchen.

The building has always been managed by a local letting agent so any new owner may be able to continue with this arrangement.

For those looking to view, prior to the auction, we are aiming to arrange access, via the current managing agent.

Located on the ever-popular Crescent Road, one of Middlesborough's most established student locations.

This property is well positioned for Teesside University, the town centre and local amenities, making it an attractive investment with strong rental demand.

Ground Floor Hall, Lounge, Kitchen, Rooms 1 & 2 (+ Ensuite Shower Rooms). First Floor Landing, Rooms 3-5 (+ Ensuite Shower Rooms).

Note Please be advised that the auctioneers have not personally inspected the property.

Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Particulars These sales details are awaiting vendor approval Tenure: Freehold EPC Rating: C Terms: Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.

Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.2% inc.

VAT of the purchase price (subject to a minimum of £1,500 inc. VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack.

You must read the Legal Pack carefully before bidding. Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.

The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.