6-bedroom terraced house · TS1 5PE
Listing removedListed 452 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale: Parliament Road, Middlesbrough, TS1 5PE.
Magnum Properties are delighted to present this high-yield investment opportunity, consisting of two self-contained flats in a prime central Middlesbrough location.
Arranged over two floors, the property comprises a four-bedroom flat on the ground floor and a two-bedroom flat on the first floor - with the flats benefiting from their own private bathrooms, lounge, and kitchen area.
With a listing price of £280,000 and sold as seen, this property is a fantastic blank canvas for investors or buyers looking to modernise and maximise value.
Both flats are currently let on rolling tenancies, with each tenant paying £450 PCM.
Location - Parliament Road, Middlesbrough Situated in a well-connected and vibrant area, Parliament Road offers excellent access to a wide range of amenities.
The property is within walking distance of: - Teesside University - Local shops, supermarkets, and takeaways - Parks, schools, and other community facilities - Middlesbrough town centre and Linthorpe Road - Frequent public transport routes and major road links (A66 & A19) Located in a popular rental area, this is a well-established neighbourhood ideal for both students, families, and working professionals.
Key Features: - Two self-contained flats - Freehold investment - On- street residents parking - EPC rated E - Council Tax Band A - Short walk to the town centre and Teesside University Ground Floor: - Four spacious bedrooms - Lounge and kitchen area ideal for working professionals or families First Floor: - Two generous bedrooms - Open plan lounge / fitted kitchen Rented at £450 PCM To arrange a viewing or to discuss this property further, please contact the Residential Property Team at Magnum Properties.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Parliament Road, Middlesbrough, North Yorkshire, TS1
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