£66,995
2 bed terraced house for saleWicklow Street, Middlesbrough TS1
2 beds
1 bath
1 reception
About this property
High-Yield HMO Potential | Wicklow Street, TS1 | Low Entry Level
List Price: £66,995
Tenure: Freehold
If you are looking for a straightforward property to add to your portfolio with an incredibly low entry point, this terrace on Wicklow Street in Middlesbrough is a fantastic option. Situated in a proven rental pocket of TS1, the property is tailored perfectly for investors looking to maximise their returns.
The Strategy: 3-Bed HMO Conversion
The property is currently configured as a 2-bedroom house, but it offers a versatile layout that can be easily converted into a 3-bedroom HMO.
By utilizing the ground floor reception space or reconfiguring the upper floors, you can open up a third letting room. In this high-demand student and professional area, converting to a 3-bed shared home will significantly boost your monthly cash flow and drive up your gross yield.
Why Invest Here?
Prime TS1 Location: Wicklow Street sits just off Linthorpe Road, putting tenants within easy walking distance of Teesside University, Middlesbrough Town Centre, and a brilliant selection of local shops, restaurants, and transport links.
Low Capital Outlay: At an asking price under £67,000, this is a highly accessible asset that allows you to keep your initial renovation and purchase costs low.
Consistent Tenant Demand: This specific pocket of Middlesbrough is incredibly popular with students and young professionals who want to be close to the campus and central amenities.
This is a classic, high-performing investment model for the area-buy at a low entry price, add value through a simple room conversion, and reap the benefits of a strong, multi-stream rental yield.
Opportunities at this price point move quickly. Get in touch today to find out more or to arrange a viewing.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
.png)