4-bedroom house · TS5 6QA
Listing removedListed 125 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this modern and comfortable house of multiple occupation, perfect for young professionals seeking a convenient and sociable living environment.
This property offers four ensuite bedrooms, each providing privacy and comfort, while spacious shared areas create the ideal setting for relaxing or connecting with housemates.
Low Deposit - £120 Room 2 (Ground Floor) - £450 Bills Included in the monthly rent.
Property Highlights This home features four generously sized bedrooms, each with its own ensuite bathroom (no need to queue for the shower in the morning).
The shared living and dining areas are light, airy, and designed for both relaxation and entertaining.
The well equipped kitchen comes complete with all essential appliances, ample storage, and plenty of workspace for meal preparation.
Interior Features Each bedroom is tastefully furnished and includes a comfortable bed, storage solutions, and a private bathroom.
The communal areas are spacious and inviting, making them perfect for unwinding after work or catching up with friends.
High speed internet and all utility bills (gas, electricity, water, and council tax) are included in the rent, so you can enjoy hassle free budgeting. Cost Breakdown Rent includes all bills.
A low deposit is required to secure your room. To arrange a viewing or for further details, please contact our agency.
We are happy to answer any questions and guide you through the application process.
Castle Homes will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: • A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
• An affordability assessment to ensure each applicant’s income will sufficiently cover the rental payments.
• To pass the affordability check, tenants must have an annual income of 2.5 times the annual rent. Ie if the rent is £500 per month, you would need an income of £15,000 per year or greater.
• Each applicant’s affordability is assessed individually against the criteria.
However, couples who have previously co-habited, are married or are in a civil partnership will have their incomes combined and assessed jointly.
• Self- will require an accountant’s reference and should have accounts for a minimum of two years. • Employment checks to confirm your start date, salary and if your position is permanent.
• A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease. • ‘Right to rent’ id checks.
Location Lichfield Road in TS5, Middlesbrough is a primarily residential street in the Linthorpe/Park area, well-located for local amenities and public transport, with regular bus services on nearby routes providing connections to Middlesbrough town centre, James Cook Hospital and beyond.
It sits roughly about 2.0–2.3 miles from Teesside University’s Middlesbrough campus (approx.
20–30 min by bus or short taxi ride) and around 1.2–1.4 miles from James Cook University Hospital, making both key local destinations easily accessible by road or public transport.
The area benefits from nearby bus stops within a few minutes’ walk and several rail stations including James Cook station and Middlesbrough station within a few kilometres, offering broader regional links, and frequent local services that enhance connectivity across Teesside.
Bedroom 2 (2.95m x 2.39m) Ground floor, furnished single bedroom with large window and ensuite shower room. Ensuite Rm2 (2.00m x 0.95m) Ensuite shower room.
Shared Kitchen With Liiving Room Area (4.17m x 3.50m) Kitchen with living room area and patio doors. Spacious area with white goods and cupboards for all tenants. Communal area.
Garden Rear garden and yard.
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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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 Room 2, 10 Lichfield Road, Middlesbrough
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