Middlesbrough, are you undercharging for a 3-bed?

At NGU Homes, 3-beds are averaging £714 a month right now - real, achieved rents, not estimates. If yours is lower, you might be undercharging.

📍 Real rents, by bedroom count

Location makes a real difference too - our 3-beds in TS5 (Linthorpe, Acklam) average £741 a month, against £642 in TS3 (Berwick Hills).

📈 Real rent increases we've just pushed through

Here are five examples from the nine rent reviews we've completed for Middlesbrough landlords since August, averaging a 6.6% increase overall - real increases, already agreed:

Increases across all 9 reviews ranged from 2.5% to 10.0%. The 6.6% average is running well ahead of the boroughwide rent growth figure of 4.0% below.

📍 Managed locally, wherever you are

Every rent review above was handled start to finish by our own team on the ground in the North East - the tenant conversation, the Section 13 notice, the paperwork. If you're not local yourself, that's the whole point: you get the return, and we handle the hassle. It's a settled portfolio, too: 59% of our current Middlesbrough tenancies have already run for two years or more, and the average so far is over four years.

📊 The boroughwide numbers

Middlesbrough's average house price is up 3.7% this year, and rent has grown 4.0%.

Here's how that breaks down by property type:

💷 Buy-to-let snapshot by property type

Estimated gross yield, calculated from average price and average rent by property type. Excludes costs, fees, and void periods.

🏠 Investment opportunity we're marketing

One of the rent reviews above was in TS8 - the same postcode as the property below.

3 Bed Terraced House, Eddison Way, Hemlington, Middlesbrough, TS8 — Offers over £79,950 — Recently Refurbished

For more properties we're marketing across Middlesbrough, visit nguhomes.co.uk.

That's what making money from property in Middlesbrough actually looks like right now - real rent increases, on real properties, not just a market average. If you'd like to talk through your rent, a purchase, or your wider portfolio, just reply and I'll go through the numbers with you, or call our Teesside team on 01642 312 312.

Same pre-send checks apply: confirm the Eddison Way price (£79,950 against £84,950 on its own property page) before this goes live on the site.