PH Estate Agents says ..

Property Oracle says ..

This property is a unique investment opportunity, currently operating as a hair salon. The location in North Ormesby, Middlesbrough benefits from being close to several primary schools including St Alphonsus’ Catholic Primary School (0.22km) and North Ormesby Primary Academy (0.42km), both with good Ofsted ratings. Public transport links are also relatively close, with several train stations within a few kilometers. The property itself appears to be in reasonable condition, although some minor renovations or updates may be desirable to enhance its appeal. The lack of outdoor space is a notable drawback. The list price of £99,950 is slightly above the average price for the area (£74,435), however, given its commercial use and potential rental income, it may represent reasonable value. Further investigation into potential rental yields would be recommended for a comprehensive assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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