Abingdon Road, Middlesbrough, TS1 2DP

Abingdon Road, Middlesbrough – Turnkey 5-Bedroom En-Suite HMO Investment Century Three is pleased to present this turnkey, tenanted five-bedroom en-suite HMO, offering an attractive opportunity for investors seeking an established property in the heart of Middlesbrough.

Offered at offers over £220,000, the property has been recently refurbished and furnished to a high standard and is arranged over two floors, providing five bedrooms and five bathrooms, with en-suite accommodation throughout.

Importantly for investors, the property benefits from a recently certified five-year HMO licence and is offered as a stabilised investment.

The property has a potential rental income of approximately £2,300 per calendar month (£27,600 per annum), representing a potential gross yield of approximately 12.55% based on the asking price.

A RICS valuation has also been supplied, reporting a market value of £222,500 with vacant possession and £230,000 tenanted, presenting potential for an incoming purchaser to explore refinancing, subject to lender criteria and independent due diligence.

Internally, the property offers modern and well-presented accommodation, including a communal living area, fitted kitchen and furnished bedrooms.

The photographs also show the individual en-suite shower rooms, providing tenants with their own private facilities.

Further benefits include Freehold tenure, double glazing, gas central heating, rear yard and Council Tax Band A.

The property occupies a central Middlesbrough location, within easy reach of Teesside University, Middlesbrough town centre, local amenities and transport connections.

The location is positioned to serve both the student and young professional rental markets.

Key Investment Features: Five-bedroom / five-bathroom en-suite HMO • Five-year HMO licence recently certified • Tenanted and stabilised investment • Recently refurbished and furnished • Potential income of £2,300 pcm / £27,600 pa • Potential 12.55% gross yield • RICS valuation supplied • £230,000 stated tenanted market value • Freehold • Central Middlesbrough location • Close to Teesside University • Double glazing • Gas central heating • Rear yard.

An excellent opportunity to acquire a ready-made HMO with the licensing, refurbishment and tenanting already in place, providing an investor with a straightforward route into an established Middlesbrough rental investment.