Forget the national averages for a moment. Here's what real Middlesbrough landlords are charging right now, from our own managed portfolio - and it might be more than you're charging.

📍 Real rents, by bedroom count

By bedroomsAvg. rent achievedSample
2 bed£62821 properties
3 bed£69435 properties

These are genuinely large samples across the town - from Grangetown and Berwick Hills to Linthorpe and beyond.

📈 Real rent increases we've just pushed through

Here are five rent reviews we've completed for Middlesbrough landlords in the last few months - real increases, already agreed:

Area / bedsPrevious rentNew rentIncrease
TS6, 2 bed£380£430+13.2%
TS4, 2 bed£650£715+10.0%
TS1, 3 bed£650£710+9.2%
TS3, 3 bed£600£615+2.5%
TS8, 3 bed£825£847+2.7%

Average across 14 completed reviews since August: +8.1%, ranging 2.5% to 13.2%, broadly in line with the townwide rent growth figure below.

Worth noting: all of these went through under the Renters' Rights Act, which came into force on 1st May. Rent review clauses no longer work, and Section 13 - a formal notice, Form 4A, with two months' notice - is now the only legal route to a rent increase. The process has changed, but as these reviews show, it hasn't stopped landlords from getting a fair increase when the numbers justify it.

📊 The townwide numbers

Middlesbrough's average house price is up just 2.0% this year, while rent has grown 4.7% - a real gap that keeps yields strong even where price growth is modest.

Avg. house priceAvg. rent (pcm)Best yield: flats
£138,000 (↑ 2.0% year-on-year)£699 (↑ 4.7% year-on-year)9.7% (Est. gross yield)

Here's how that breaks down by property type:

💷 Buy-to-let snapshot by property type

TypeAvg. priceAvg. rentEst. yield
Flat£74,000£5989.7%
Terraced£108,000£7107.9%
Semi-detached£149,000£7576.1%
Detached£248,000£9514.6%

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

🏠 Investment opportunity we're marketing

3 Bed Terraced House, Grange Farm Road, Grangetown, Middlesbrough — Offers in Region of £90,000 — Tenanted, Rent from Day 1. Already tenanted at £675 pcm - a genuine ~9% yield, no void period, EPC C.

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.