* Freehold
**Key Points**
* Residential Investment Opportunity
* Close Proximity to Middlesbrough Town Centre
* Let to Private Individuals
* Asking Price £1. 4M
* Anticipated 2023/24 Income £140, 000 per annum
* Subject to Contract
**Description**
Formerly the Middlesbrough Art Gallery this elegant building retains many of
its original features including parquet and original winding staircase. Upon
entry you will be greeted by a stunning bright and spacious entrance hall,
leading to three self - contained five bedroom apartments. Each apartment is
tastefully decorated and each bedroom benefits from en - suite shower rooms,
shared kitchen and communal living space. There is also a separate one bedroom
self - contained studio apartment with its own kitchen and bathroom.
The first floor offers two three bedroom self - contained apartments with
spacious kitchens with shared living space and bathrooms.
The loft has been converted into a stunning large four bedroom apartment which
is bright, airy and spacious which really gives this building the wow factor.
Suitably named the penthouse it is a wonderful addition to this beautiful
building and offers four bedrooms and has enough space for five bedrooms in
total. Each bedroom and communal living space has spectacular views over the
town.
Currently rented to students this property would also be popular with a mixed
clientele of students, professionals and contractors. This property has a
proven high yield return each year. No chain, no expense spared, high spec
finish throughout.
Ideally located offering spacious accommodation throughout this is a not to be
missed investment opportunity.
**Location**
The subject property is situated in a prominent position in the centre of
Linthorpe Road directly adjacent to Albert Park, within Middlesbrough Town
Centre. Linthorpe Road is well known for its retail and leisure trade and is
of course situated directly adjacent to the Teesside University main campus.
Middlesbrough is located in the North East of England and is a key urban
centre in the Tees Valley region. Middlesbrough is a large town with
industrial roots and is well known as a digital and creative hub within Tees
Valley.
From Durham Tees Valley Airport travellers can reach Amsterdam in less than 90
minutes and from there connect to 200 international destinations including the
usa, China and the uee. Further connections to international destinations are
available from nearby airports such as Newcastle and Leeds Bradford.

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