Teesside University
A thriving student population and long-term investment opportunity
At the heart of Middlesbrough’s town centre lies Teesside University — a dynamic and fast-growing institution that plays a central role in the region’s economy, culture and property market.
With over 18,000 students from more than 100 countries, the university is a key driver of local rental demand, particularly for HMOs, student lets, and modern co-living properties. For investors, this presents a powerful opportunity to secure consistent rental income in a location with built-in demand, low void periods and strong long-term potential.
Why Teesside University matters to property investors
18,000+ students and growing
The university continues to expand, attracting undergraduates, postgraduates and international learners — all of whom need quality accommodation close to campus.
Competitive yields
Student properties in Middlesbrough regularly deliver gross yields of 8%–10%+, especially when configured as 4–6 bed HMOs. Refurbished, well-managed student houses let quickly and command premium rates.
High demand, limited supply
Purpose-built student accommodation (PBSA) only serves part of the market — meaning there is still strong demand for well-located private rental options, especially shared houses close to Linthorpe Road, Gresham and Ayresome.
Major ongoing investment
The university is investing over £300 million into its campus transformation, including new student centres, digital learning hubs and facilities that will continue to boost enrolment and enhance the surrounding area.
Ideal for HMO and co-living strategies
Properties within a 10–15 minute walk from Teesside University are ideal for:
3–6 bedroom student HMOs
Professional co-living conversions
Hybrid lets (student in term time, professionals in summer)
Short-term serviced accommodation during university events
These models can be tailored to maximise income and occupancy all year round, particularly when supported by PIME’s furnishing and lettings partners.
Key investment facts
18,000+ enrolled students
International student population from 100+ countries
£300m+ campus redevelopment underway
Up to 10%+ gross rental yields
Year-round demand from students, staff and academics