Michael Poole says ..

Property Oracle says ..

The property is a one-bedroom bungalow located in Middlesbrough, North Yorkshire. The listing price is £99,950. The property appears to be in need of some modernisation and updating. The décor is dated, and some areas show signs of wear and tear. The kitchen and bathroom are particularly outdated. While structurally sound, significant refurbishment would likely improve the property’s overall condition and appeal. The property benefits from a small garden, which is a positive aspect for those seeking outdoor space. However, the size of the plot is not significant. Considering the average house price in the area is £106,658, and the average price per square foot is £151, the listed price of £99,950 for this 600 sq ft property seems relatively reasonable, especially given its condition and the need for modernisation. However, nearby comparable properties are listed at higher prices, suggesting that the property might be slightly undervalued. Further investigation into the specific reasons for the lower price would be beneficial. The location is close to several schools and train stations, which are positive factors.

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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