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EE Rating
Total views:  2336

3 bedroom terraced house for sale

Gresham Road, Middlesbrough TS1
Chain-free
Terraced house
3 beds
1 bath
862
EPC rating: C
Added > 14 days

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • EPC Rating C
  • Council Tax Band A
  • Vacant Possession and Chain Free
  • Large 3 Bedroom Terraced Property - Potential To Convert to 2 Self-Contained Flats
  • Projected Social Housing Income of £1,100 PCM
  • No Maintenance, No Management, No Voids
  • Guaranteed Annual Income of £13,200
  • All Set Up and Managed By Horizon Portfolio Building
  • Buyers Fee: £5,500 VAT (includes property acquisition and lease arrangement via Horizon Property Group)
Investment Overview
An excellent investment opportunity in the heart of Middlesbrough’s popular Newport Ward, just moments from Teesside University and the town centre. This large three-bedroom terraced house offers exceptional potential for conversion and strong long-term rental yields.

The property is available vacant and freehold, ready for refurbishment. Horizon Property Group can deliver a full conversion and refurbishment package to create two self-contained flats — ideal for social housing.

Social Housing Investment Option
Through Horizon Property Group, this property can be converted and leased under a Social Housing FRI Lease—a fully managed, hands-off investment offering secure income and no maintenance or management costs.

Projected Rental Income:
£1,100 PCM (via Social Housing FRI Lease)
Equivalent to £13,200 per annum guaranteed
No voids, no maintenance, no management fees

Next Steps
All interested investors must submit:
Proof of ID
Proof of Funds
These are required prior to viewings or offer submissions.

For further details, refurbishment packages, or to discuss the Social Housing Lease option, contact Horizon Property Group today.

Buyers Fee: £5,500+VAT (covers property acquisition & social lease arrangement)

Property information from this agent

About this agent

Property Express Sales - Middlesbrough
Property Express Sales - Middlesbrough
57 Gilkes Street Middlesbrough TS1 5EL
01642 048198
Full profileProperty listings
We are Property Express, a local independently owned estate agent, previously situated in central Normanby, we have now merged our Branch with Horizon Property Group! Our new office is home to in house residential sales and lettings, all of market mortgage/financial services, and bespoke investment services from our dedicated partners. You can now find us situated at 57 Gilkes Street, Middlesbrough TS1 5EL. Why not call into our amazing new office for a tea/coffee, friendly chat and look around, even if your not thinking of selling!
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