4 bedroom town house

This property is in a selective licensing area within Middlesborugh Town Centre – please consult the Middlesbrough Council Website for further information + Far larger than standard room sizes + Located at the highest end of Warwick Street, close to Linthorpe and set on a none through street + Presented to a good standard with UPVC double glazing, a modern gas boiler + EPC – ‘D’ – 60/82 + Could be developed into an easy 5 Bedroom En-suite student let property, or the potential of 6 subject to adaptation and measurements meeting relavant criterias for HMO licensing + OFFERING THE POTENTIAL OF BEING CONVERTED INTO A 5-6 BEDROOM STUDENT LET PROPERTY A HIGHLY SPACIOUS THREE STOREY TOWN HOUSE LOCATED ON THE POPULAR WARWICK STREET CLOSE TO AYRESOME STREET. THIS PROPERTY OFFERS A FAR GREATER LEVEL OF FLOOR SPACE, WITH HIGH CEILINGS AND A MASSIVE AMOUNT OF POTENTIAL FOR DEVELOPMENT INTO A SINGLE ROOM LET PROPERTY (FOR EITHER THE STUDENT OR PROFESSIONAL MARKETS). THE ACCOMMODATION IN BRIEF COMPRISES OF AN ENTRANCE HALL, TWO SPACIOUS RECEPTION ROOMS (CURRENTLY OPEN PLAN) AND A KITCHEN. TO THE FIRST FLOOR IS A FAMILY BATHROOM WHICH IS LARGE ENOUGH TO BE CONVERTED TO AN ADDITONAL BEDROOM DUE TO ITS SIZE, AND TWO FURTHER BEDROOMS. A FIXED AND ORIGINAL STAIRCASE LEADS TO THE UPPERMOST FLOOR, WHICH HAS TWO FURTHER BEDROOMS, CURRENTLY THE REAR ONE PROVIDING ACCESS TO THE FRONT HOWEVER A STUD WALL COULD SEPARATE. THE PROPERTY IS BEING SOLD WITH VACANT POSSESSION AND NO ONWARD CHAIN. A DREAM FOR A TOWN CENTRE INVESTOR! Entrance Hall – Reception Room (Front) – 3.792 x 3.832 (12’5″ x 12’6″) – Reception Room (Rear) – 3.713 x 3.926 (12’2″ x 12’10”) – Kitchen – 4.137 x 2.269 (13’6″ x 7’5″) – First Floor – Landing – Bathroom – 3.301 2.297 (10’9″ 7’6″) – Bedroom (Rear) – 3.667 x 3.103 (12’0″ x 10’2″) – Bedroom (Front) – 5.01 x 3.811 (16’5″ x 12’6″) – Second Floor – Bedroom (Rear) – 4.760 (full width) x 2.362 (to slope) (15’7″ (full – Bedroom (Front) – 4.753 (full width) x 2.8 (to slope) (15’7″ (full w – Exterior – Wall enclosed yard to the rear

Details

Bedrooms
4

Purchase Price £
110000

ROI %
22.00

Cashflow(PCM) £
588