McHugh & Co says ..

Property Oracle says ..

The property is located in Middlesbrough, a town in North Yorkshire, England. The area has an average house price significantly higher than the list price of this property. However, this property requires a substantial amount of renovation work.

The property’s location is reasonably convenient, with schools and transportation options within a reasonable distance. St Edward’s Catholic Primary School, rated as ‘Outstanding’ by Ofsted, is less than half a kilometer away. Middlesbrough train station is approximately 2.19 km away, providing access to other areas.

Based on the photographs, the property is in poor condition and requires extensive renovation. The interior shows outdated fixtures, damaged walls, and worn flooring. The kitchen and bathroom are particularly dated and need complete modernization.

The property has a small garden, although it appears overgrown and neglected. While the presence of a garden is positive, its current state detracts from its value.

Considering the property’s condition, the list price is significantly lower than the average price per square foot in the area. However, the extensive renovation needed must be factored in. The cost of bringing the property up to a habitable standard will likely increase the overall cost considerably. Therefore, while the initial list price appears low compared to other properties, the total cost of ownership will be substantially higher.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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