£84,995

3 bed terraced house for sale
Deacon Street, Middlesbrough TS3

    • 3 beds

    • 1 bath

    • 1 reception

Just added
Freehold
Added on 12/06/2026

About this property

    Brand New Refurbished Turnkey Investment | Deacon Street, TS3 | 10.58% Gross Yield

    Purchase Price: £84,995

    Rental Income: £750 pcm | Total Annual Income: £9,000

    If you are looking for a completely stress free asset with zero renovation work required, this property on Deacon Street in Middlesbrough is an ideal addition to your portfolio. This mid terrace home has been fully refurbished from top to bottom, offering an entirely brand new finish that will immediately attract high quality tenants and command premium rental rates for the area.

    The Layout and Space

    The property features an intelligent and versatile configuration that is perfect for a modern family or professional sharers:

    Ground Floor: Comprises a spacious and bright lounge living room along with one ground floor bedroom, a modern kitchen, and a family bathroom.

    First Floor: Holds two further well proportioned bedrooms, giving the property a total of three bedrooms overall.

    The Financials

    The investment numbers are rock solid and fully verified:

    Current Rental Income: £750 pcm

    Annual Rental Revenue: £9,000 per year

    Gross Yield: A very strong 10.58 percent based on the realistic list price.

    Why Invest in TS3?

    Zero Capital Expenditure: Because this asset is literally brand new inside, you will have no maintenance or repair bills to worry about for years to come. It is the ultimate hands off rent and collect model.

    Strong Local Demand: Situated in a busy rental pocket of Middlesbrough, this property benefits from excellent proximity to local schools, shops, employment hubs, and central transport links.

    Accessible Entry Point: Priced under £85,000, this is a highly accessible freehold purchase that allows you to secure double digit yields with a relatively low initial capital outlay.

    This is a clean, straightforward property that allows you to skip the stress of a refurbishment project and step straight into immediate cash flow.

    Turnkey properties in this condition do not sit on the market for long. Get in touch today for more details or to arrange an immediate viewing.

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    Monthly repayment

    £425 per month

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    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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