Gresham Road, Middlesbrough, TS1 4LU

Clarke Munro offer to the market this well-presented five-bedroom, five-bathroom HMO that offers an excellent turnkey investment opportunity, ideally positioned just moments from the university, ensuring consistent tenant demand.Fully licensed and compliant with Article 4 regulations, the property is offered fully furnished and is currently tenanted, generating an income of £1,200 per month (excluding bills) with a tenancy secured until October 2026. There is clear potential to enhance rental returns in line with market levels.Internally, the property comprises a welcoming entrance hallway leading to a communal living area, providing shared space for tenants to relax. To the ground floor, there is a well-equipped kitchen fitted with a range of matching wall and base units, along with two bedrooms, each benefiting from their own private en-suite facilities.The first floor offers a further two en-suite bedrooms, in addition to a fifth bedroom served by a separate shower room, ensuring ample facilities for all occupants.The property also benefits from a newly fitted boiler.Externally, the property features an enclosed rear yard, providing low-maintenance outdoor space.

This is a ready-made investment with immediate income and strong long-term letting potential in a highly sought-after rental location.

MATERIAL INFORMATION Freehold Middlesbrough Council Tax Band A Estimated Broadband Speeds up to 5500Mbps Mobile Signal from ofcom.org shows as 89% for EE, 80% for Three, 80% for O2 and 70% for Vodafone Low Flood Risk

*Lease details, service charges, ground rent (where applicable) council tax, mobile and broadband connectivity are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

Holding deposit may be required.

*rent pw based on 52 weeks *tax not included *Zero deposit option available

*Gas, Electric and Water bills are payable by the tenant, unless it is a bills included contract.