22 Queen Street, Middlesbrough
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22 Queen Street, Middlesbrough

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We have confidence in this estimated current valuation Updated recently
£84,500
Or £549 per month to rent Powered by AVM
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Listing history

For Sale
May 1, 2025
£35,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 22 Queen Street, Middlesbrough, a cozy and compact terraced type home with 2 bed in the TS6 8EA area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £84,500 and a rental potential of £549 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to May 1, 2025. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"Guide Price £35,000 £55,000 * PLUS £3666.67 Vat BUYERS PREMIUM OR MINIMUM OF £3666.67 Vat

For sale by unconditional online auction on the 26th of February 2025.

Registration is now open, bidding opens on 26th of February at 15 00 and ends on 26th of February at 15 45.


Investment Opportunity High Yield Buy to Let Social Housing Property

Description
Property Overview

Location 22 Queen Street, Lazenby, Middlesbrough, Cleveland, TS6 8EA
Property Type 2 Bed Terraced House
Bedrooms 2
Bathrooms 1
Tenure Freehold
Tenancy Status Social Housing Lease in Place Until 2026
Investment Strategy Buy to Let Social Housing

Key Features
Social Housing Investment Guaranteed Income Until 2026
FRI Full Repairing & Insuring Contract Low Maintenance
High Yield Investment with Strong ROI
Secure Long Term Tenant Through MEARS Social Housing Contract
Low Risk, Hassle Free Investment Opportunity
Potential to Increase Rental Income to Market Rate
Growing Rental Demand in the Middlesbrough Area
Close to Key Transport Links, Local Amenities & Employment Hubs

Current Investment Figures
Asking Price £53,000
Current Rental Income £420 PCM £5,040 PA
Current Gross Yield 9.51%

Projected Investment Figures If Market Rent is Achieved
Market Rental Potential £525 PCM £6,300 PA
Projected Gross Yield 11.88%
Potential for Capital Growth Medium
Value Add Potential Rental Uplift to Market Rate Upon Lease Expiry

Investment Strategy & Exit Options
Buy to Let Secure long term income with a social housing lease in place until 2026.
Social Housing Model Hassle free management with a fully repairing & insuring contract.
Rental Uplift Strategy Opportunity to increase rental income to market rate after lease expiry.
Capital Growth Potential Invest in an affordable, high yield location with steady rental demand.

Why Invest in This Property?
FRI Social Housing Lease Low Maintenance, Guaranteed Rent
High Yield of 9.51% Potential 11.88% at Market Rent
Secure, Long Term Income Until 2026
Strong Demand for Social Housing in the Area
No Chain Fast, Hassle Free Completion Available

Interested? Get in touch today!
For more information or to arrange a viewing, contact Town & Country Property Auctions North East



Disclaimer
Material information will be provided within the legal pack to download this register your interest at tcpa.co.uk.

Please Note T&C has not inspected this property.

Tenure
Freehold

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a £3666.67 VAT subject to a minimum of £3666.67 VAT buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property Lot. The auction conditions require a full legal completion 28 days following the auction unless otherwise stated .

Pre Auction Offers Are Considered
The seller of this property may consider a pre auction offer prior to the auction date. All auction conditions will remain the same for pre auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer s Premium, and the deposit. To make a pre auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre auction offer please contact us.

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS . Any stamp duty and or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations."

Property Data

Data point Compared to road
54 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £384 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Outwood Academy Normanby
0.2mi
Caedmon Primary School
0.4mi
Archway
0.5mi
Teesville Academy
0.5mi
Mo Mowlam Academy
0.5mi
Nearby Stations
South Bank Station
1.4mi
Marton Station
2.3mi
Gypsy Lane Station
2.5mi
Nunthorpe Station
2.8mi
Middlesbrough Station
3.2mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

🤔
New Kitchen
This could increase your home value by £15,000
🤔
New Bathroom
This could increase your home value by £5,000
🤔
Air Conditioning
This could increase your home value by £7,000
🤔
New Windows
This could increase your home value by £10,000

Cost improvements

🤔
Suggestion: Switch energy provider
Click here to view providers

Strengths

😀
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
😀
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 22 Queen Street, Middlesbrough worth?

    22 Queen Street, Middlesbrough is now worth £84,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 22 Queen Street, Middlesbrough - click click here to get a valuation with no strings attached.

  2. What is the rental value of 22 Queen Street, Middlesbrough?

    The current rental valuation for this property is £549 per month, within a price range of £494 and £604.

  3. How many bedrooms does 22 Queen Street, Middlesbrough have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 22 Queen Street, Middlesbrough?

    Nearby schools in include Outwood Academy Normanby, Caedmon Primary School, Archway, Teesville Academy, Mo Mowlam Academy

    Nearby stations in include South Bank Station, Marton Station, Gypsy Lane Station, Nunthorpe Station, Middlesbrough Station.

  5. What type of property is 22 Queen Street, Middlesbrough

    This is a Terraced property. There are 9 other Terraced properties on QUEEN STREET, and 14 in total.

  6. When was 22 Queen Street, Middlesbrough built? How old is 22 Queen Street, Middlesbrough?

    22 Queen Street, Middlesbrough was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Middlesbrough, North Yorkshire Redcar, North Yorkshire Saltburn-by-the-sea, North Yorkshire Guisborough, North Yorkshire Yarm, North Yorkshire Stockton-on-tees, Durham Stockton-on-tees, North Yorkshire Billingham, Durham Hartlepool, Durham Wingate, Durham Trimdon Station, Durham