Green Lane, Middlesbrough, TS5 7SR
TH

Green Lane, Middlesbrough, TS5 7SR

By The Yorkshire Property Agency

£ 65,000

Reviews

2 out of 5 stars

The Yorkshire Property Agency says ..

The Yorkshire Property Agency are delighted to introduce this great one-bedroom flat in a popular location in TS5, Middlesbrough. This ground floor flat would make an excellent first-time purchase, investment or Middlesbrough bolthole. 

Property Oracle says ..

This one-bedroom ground floor flat in Middlesbrough’s Linthorpe area presents itself as a reasonably priced option, suitable for first-time buyers, investors, or those seeking a smaller property in a convenient location. The property’s location scores well due to its proximity to shops, schools (including the ‘Good’-rated Green Lane Primary Academy), and transport links. Middlesbrough offers train connections to various destinations within the UK, enhancing accessibility. However, the property’s limited land (no garden), along with the lack of precise square footage for neighbouring properties, makes direct comparison challenging. Considering comparable one-bedroom flats in the locality, the asking price of £65,000 appears in line with the market. While the property’s condition is adequate, a degree of updating may be desired by prospective buyers. The interior design is dated, and minor repairs (e.g., in the bathroom) could enhance the property’s overall appeal. For potential buyers, a thorough survey is advised to assess the structural condition fully and account for any potential future maintenance costs. The property’s suitability depends greatly on the buyer’s specific needs and priorities. First-time buyers might find it to be an affordable entry to the property market, whereas investors should consider rental potential and potential property maintenance costs before making their investment decision. Overall, the property presents itself as a reasonably priced option with potential but also some caveats to consider.

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

Price
7
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
473.61

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
203,571.00 £
Increased by 38.94 %
from 146,522.00 £
Est sale value
96,616.44 £
Increased by 15.25 %
from 83,828.97 £
Average area rental value
705.00 £/mo
Increased by 14.26 %
from 617.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.16 %
Decreased by 17.62 %
from 5.05 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • The Yorkshire Property Agency marked this listing as sold.

  • The Yorkshire Property Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
Green Lane Primary AcademyAcademy ConverterGood0.54 KM
The Northern School Of ArtFurther EducationOutstanding0.91 KM
Linthorpe Community Primary SchoolAcademy Converter1.00 KM
Outwood Academy AcklamAcademy Sponsor LedGood1.21 KM
Kader AcademyAcademy ConverterGood1.29 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Church Drive £ 364,97500.00 KM
Grasmere Avenue £ 000.00 KM
Hollins Lane £ 000.00 KM
Hall Drive £ 316,66700.00 KM
Ruskin Avenue £ 246,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR3.75 KM
James Cook University Hospital9507JCH4.96 KM
Thornaby7976TBY5.39 KM
Marton7947MTO6.12 KM
Billingham7910BIL6.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Green Lane, Middlesbrough £ 70,000BUY5 / 100.00 KM
Green Lane, Middlesbrough, TS5 7SR £ 65,000BUY5 / 100.00 KM
Green Lane, Middlesbrough, TS5 7SR £ 115,000BUY6 / 100.00 KM
Trueman Court, Green Lane £ 100,000BUY7 / 100.00 KM
Green Lane, Acklam £ 105,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
45 Thornfield Grove £ 139,9500.09 KM
41 Thornfield Grove £ 110,0000.09 KM
39 Thornfield Grove £ 123,0000.09 KM
66 Green Lane £ 121,5000.12 KM
68 Green Lane £ 155,0000.12 KM