Linthorpe Road, Middlesbrough
£125,000
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- Investment opportunity
- Popular location on Linthorpe Road in Linthorpe voillage
- Currently split into three apartments and one unit previously used as a massage parlour
- Potential to be split into further residential apartments (subject to necessary planning)
- Two apartments occupied achieving £400 PCM
- Loft accessed via fixed staircase
- Sensibly priced to allow for an early sale
- Council tax band A
- Leasehold property
Clarke Munro bring to the market this deceptively spacious building, with accommodation over two floors, which is currently split into various residential units and could be split further (subject to necessary planning), is likely to appeal to investors and property developers alike. Currently comprising: ground floor entrance, hallway and stairs to first floor with two treatment rooms, shower room and separate w/c (previously used as a commercial unit), landing which leads to two self contained mezzanine apartments (which are currently occupied at £400PCM per apartment) each with private shower room and built in kitchen areas, a further second floor large apartment with separate living room and bathroom with shower room and a loft accessed via fixed staircase which has potential to be converted into another apartment (subject to necessary planning). Situated on the popular Linthorpe Road area of Linthorpe Village, on a local bus route and close to local amenities in the village and Middlesbrough town center. Perfect investment opportunity for those looking to develop the building further (subject to necessary planning). Outdoor space included to the rear of the property. Please note this is leasehold property - please ask for further info regarding this or to view the lease documents.
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Middlesbrough TS5 6HF