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Offers over

£58,000

(£90/sq. ft)

2 bed flat for sale
Clough Close, Middlesbrough TS5

    • 2 beds

    • 1 bath

    • 1 reception

    • 646 sq. ft

  • EPC Rating: D

Leasehold
Reduced on 05/08/2025

About this property

  • Leasehold fee £2,054pa/ £171pcm

  • Private parking

  • Third floor apartment

  • Rental income of £550pcm/£6,600pa

Welcome to this two bedroom apartment located in the desirable area of Clough Close, Middlesbrough. This modern residence, built in 2006, offers a comfortable living space of approximately 646 square feet, making it an ideal choice for investors seeking a lucrative rental opportunity.

Upon entering, you will find a well proportioned reception room, two spacious bedrooms and a well appointed bathroom.

One of the standout features of this property is the convenience of private parking, ensuring that there is a secure place for a vehicle. The leasehold fee is set at £2,054 per annum, which is also approximately £171 per month, making it manageable for prospective buyers.

It is currently tenanted with a rental income of £550 per month or £6,600 annually, this apartment presents an excellent investment opportunity for those looking to enter the rental market. The competitive asking price of offers over £58,000 makes this property an attractive option for those seeking value in a thriving area.

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Monthly repayment

£290 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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Dean & Co Estates

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