1-bedroom house · TS1 4RG
Listing removedListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
High Yield Refurbishment Project | Wicklow Street, TS1 | 13 Percent to 16 Percent Yield Potential Purchase Price: £65,000 Potential Rental Income: £750 to £900 pcm If you are looking for a high yield addition to your portfolio where you can add instant equity, this mid terrace property on Wicklow Street in Middlesbrough is an ideal choice.
Offered with vacant possession and already fully cleared, this property is a blank canvas ready for an investor to step in and maximise its value.
The Value Add Strategy This property offers fantastic versatility, allowing you to choose the rental model that best fits your portfolio goals: Current Layout: Features 2 bedrooms upstairs and 2 spacious reception rooms on the ground floor.
Easy 3 Bed Conversion: You can easily reconfigure the layout to create a 3 bedroom property, instantly increasing both capital value and monthly rental potential.
Light Refurbishment: With an estimated refurbishment spend of around £7,000, you can bring this property up to a premium modern standard to attract long term tenants quickly.
The Financials The investment numbers are incredibly strong, offering a rare double digit return: Low End Rental Estimate: £750 pcm producing an annual income of £9,000.
High End Rental Estimate: £900 pcm producing an annual income of £10,800.
Exceptional Returns: Based on the purchase price, investors can comfortably expect a gross yield between 13 percent and 16 percent depending on the final exit strategy.
Strategic TS1 Location Wicklow Street sits in a highly popular rental pocket within the TS1 postcode of Middlesbrough.
This central location ensures consistent, high volume demand from local professionals, families, and students due to its close proximity to Teesside University, town centre amenities, and main transport networks.
Skip the hassle of clearing out an old property and get straight to work on day one. High yield projects at this entry price point are snapped up fast.
Contact us today to secure this property or to arrange a viewing.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 46, Wicklow Street, Middlesbrough
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