4-bedroom terraced house · TS1 4LB
Sold STCListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire a long-established student HMO investment in a prime central Middlesbrough location, ideally positioned for access to Teesside University and the town centre.
The property has been fully renovated and modernised, offering an attractive turnkey investment for both experienced landlords and investors looking to add a high-yield HMO to their portfolio.
The property operates under an HMO licence and benefits from its established use as a student rental property.
Prime Student Location Situated on Athol Street in central Middlesbrough, the property is well placed to benefit from the strong and established student rental market associated with Teesside University.
Its central position provides convenient access to the university, local amenities, shops, restaurants, transport links and Middlesbrough town centre, making it an appealing location for student tenants.
At maximum occupancy, the property is projected to generate £1,750 per calendar month, equating to £21,000 per annum.
Based on the projected rental income, the property offers an impressive 16.8% gross rental yield, making it an attractive proposition for investors seeking strong rental returns.
Whether you are an experienced HMO landlord looking to expand your portfolio or an investor seeking a high-yielding property with established student demand, 48 Athol Street represents an excellent opportunity to acquire a modernised, licensed HMO in a strong central location.
Projected Income: £1,750 PCM | £21,000 PA | 16.8% Projected Gross Yield Buyers Premium Fee: £5,500+VAT
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Athol Street, Middlesbrough
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