5 bed terraced house for sale

Millfield Road, Middlesbrough TS3

Turnkey 5 Bed En Suite Investment | Millfield Road (TS3) | Prime High Demand Location
Purchase Price: £160,000

Current Airbnb Income: £2,000 to £2,300 pcm

Potential HMO Income: £2,500 pcm (18.7% Potential Gross Yield)

If you are looking for a premium, fully optimised asset that gives you complete flexibility over your rental strategy, this 5 bedroom property on Millfield Road is a rare find. Renovated to a very high standard, fully furnished, and already operating as a successful short term let, this is a true turnkey opportunity where all the hard work has already been done.

Dual Strategy Income Streams

This property is uniquely set up to succeed under two completely different, high yielding models:

The Short Term Serviced Accommodation Route: The property is currently listed on Airbnb and successfully generating between £2,000 and £2,300 per month before platform and cleaning fees. Its prime location ensures consistent bookings year round.

The Premium Student Professional HMO Route: If you prefer a more predictable, long term model, the property is perfectly primed to be let room by room. With 5 spacious bedrooms, each boasting its own private en suite bathroom, an investor can realistically target £2,500 per month which is £30,000 pa. That translates to a massive 18.7% potential gross yield.

Why This Property Stands Out

HMO Ready Infrastructure: For landlords looking to secure a House in Multiple Occupation license, the building has already been fitted with essential compliance features like fire doors, saving you thousands in upfront conversion costs.

High End Turnkey Finish: Fully furnished to a beautiful, modern standard. You will not need to spend time or money decorating or sourcing furniture because you can start earning from day one.

Ultimate En Suite Appeal: Properties where every single room has its own private bathroom command the absolute highest rental premiums and experience the lowest vacancy rates on the market.

Unbeatable Location

Millfield Road sits in a vibrant, highly sought after location that appeals equally to weekend visitors and students. It is within easy reach of the local football stadium, a buzzing nightlife scene, popular restaurants, and essential transport links, ensuring there is always a steady stream of tenants looking to stay here.

Whether you want to tap into the lucrative short stay tourism market or lock in high yielding student tenancies, the numbers on this property stack up perfectly.

Fully furnished, compliant, and earning right now, so contact us today to arrange a viewing or view the current booking history.