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"Guide Price £140,000 £190,000 * PLUS 5% BUYERS PREMIUM OR MINIMUM OF £5000 VAT

For sale by unconditional online auction on the 30th of July 2025.

Registration is now open, bidding opens on 30th of July at 10 00 and ends on 30th of July at 12 15.

High Yield 5 Bed Housing of Multiple Occupancy HMO Property Newly Refurbished!

Description
Property Overview

Location 113 Victoria Road, Middlesbrough, TS1 3HX
Property Type 5 Bed Housing of Multiple Occupancy HMO
Bedrooms 5
Bathrooms 1
Tenure Freehold
Tenancy Status Partially Let
Investment Strategy HMO Buy to Let
Fully refurbished

Key Features
HMO Investment Potential for High Returns
Partially Let Opportunity to Increase Rental Income
Prime Location in a High Demand Rental Area
Strong Potential for Long Term Capital Growth
Close to Key Transport Links, Shops & Universities
Full Legal Pack Available for Quick Purchase
Completion in as little as 28 Days

Projected Investment Figures If Fully Let at Market Rent
Market Rental Potential £1,750 PCM £21,000 PA
Projected Gross Yield 11.35%
Potential for Capital Growth High
Value Add Potential Increase occupancy to achieve full market rent potential.

Investment Strategy & Exit Options
HMO Strategy Maximise rental income by fully letting to multiple tenants.
Buy to Let Option to convert to a long term single tenancy.
Rental Uplift Strategy Increase occupancy to achieve full market rent potential.
Capital Growth Potential Located in a high demand area with future appreciation prospects.

Why Invest in This Property?
Prime HMO Opportunity with High Market Yield of 13.55%
Partially Let Immediate Income with Further Growth Potential
Excellent Location for Tenant Demand University & City Access
Huge Rental Growth Potential Unlock Additional Income
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 5% VAT subject to a minimum of £5,000 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."