Percy Street. Midlesbrough. Tenanted student. accommodation

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1 Percy Street Midlesbrough Tenanted student accommodation

2 High Yielding HMO in Middlesbrough net yields circa 10.65% High yield property comprising 4 tenant units Great Investment opportunity Refurbished to appeal to Teesside University Students Finished and let HMO which is generating income and achieving a high yield. Located within walking distance of Teesside University, and Middlesbrough Town Centre and Linthorpe Road which offer bars and restaurants popular with students.

3 Location 27 Percy Street, Middlesbrough TS1 4DD Closest LandmarksDorman Museum 0.5 miles Middlesbrough Institute of Modern Art 0.5 miles Captain Cook Birthplace Museum 3.2 miles Green Dragon Studios 3.9 miles Ormesby Hall 4 miles Middlesbrough train station 0.8 miles Newcastle International Airport 44 miles Short walk to Teesside University

4 Getting Around & Local Area Middlesbrough Middlesbrough is a great place to live for students; the vibrant town centre is packed with bars, shops and music venues. Located in the heart of this bustling town, and only minutes walk from Teesside University, well-known for being one of the best international animation schools world-wide.

5 Financial Breakdown Address; 27 Percy Street, Middlesbrough TS1 4DD Type Beds Student 4 Share Bath ²m Sale Price Monthly Annual rent Rent ,000 1,543 Gross Yield 18, % Approx Net Yield (after utilities and management fees 10.65% Tenanted with students Freehold Initially cash buyers only (with option of mortgage after 6 months subject to status)

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11 Our Team Kevin Dickins CEO Kevin has been involved in the acquisition and sale of UK investment property for over 12 years, overseeing 1200 property transactions in this time. Kevin has a portfolio of UK buy to let properties throughout the UK including Salisbury, Manchester, Newcastle, Surrey and Nottinghamshire. He is passionate about investors educating themselves to ensure they understand their genuine net investment returns rather than making speculative property investments. Harvey Mills Head of Sales Harvey, a former Martin and Co director, has worked in the property industry for over 30 years. As well as being our Senior Sales Advisor, he also oversees our property management business and planning consultancy matters. Patricia Hakong Finance Director Patricia Hakong is a Chartered Accountant, with extensive experience in finance, risk management, and regulatory compliance in the general insurance and financial services sector. Her main areas of focus in the last 15 years have included management, financial and regulatory reporting; risk management; internal audit; catastrophe loss modelling; and capital setting, principally in the Lloyd s market. Gareth Frampton Head of Operations Gareth has been involved in Broadgate since its incorporation in His main areas of focus are due diligence, sales progression, marketing and finance. He previously worked with financial advisors Edward Jones. Patricia Dickins Marketing Patricia has worked in property investment marketing for 9 years. She compiles our brochures and looks after our website.

12 Head Office: Tel: London Office: Tel: Whilst the utmost has been done to verify the contents of any printed or electronic formatted document, they have no authority to make or give any representations or warranties in relation to any property. Any particulars provided do not form any part of an offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. Any text, photographs and plans are for guidance only and are not necessarily comprehensive. Purchasers must satisfy themselves by survey or otherwise. Any particulars or plans provided are prepared from preliminary plans and specifications before completion of the properties and are intended only as a guide. They may have changed during construction or finishes could vary. Prospective purchasers should not rely on this information but have their solicitor check the plans and specifications attached to their contract. The Purchaser understands that this does not form a contract of purchase and that all purchase contracts will be provided by the vendor to the Purchaser s solicitor. Any reservation fee required is non-refundable and reserves the property until the date of exchange outlined by the vendor. Should the purchaser not be seen to be making fair and reasonable progress to exchange on the date set the Purchaser understands that the vendor may re-offer the property to the open market and the reservation fee will remain non-refundable. The purchaser understands exchange and completion deposits are payable to his/her solicitor, that property values can decrease as well as increase and that rental income achieved may not always match that predicted.

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