GRANGE ROAD, MIDDLESBROUGH
PR

GRANGE ROAD, MIDDLESBROUGH

By Progression Property

£ 975,000

Reviews

1 out of 5 stars

Progression Property says ..

PLANNING PERMISSION IS FULLY PASSED ON THIS LARGE SCALE DEVELOPMENT OPPORTUNITY WHICH IS LOCATED IN A PRIME POSITION CLOSE TO BOTH LINTHORPE ROAD AND BOROUGH ROAD, WITH THE UNIVERSTY OF TEESSIDE A MATTER OF FIVE MINUTES WALK AWAY AS IS THE CENTRAL SHOPPING DISTRICT. THE SCHEME AT HAND IS FOR THE ...

Property Oracle says ..

The property is located on Grange Road in Middlesbrough, North Yorkshire. It’s a large end of terrace property with a total area of 3,328.20 sqft, but the plot size is listed as 0.00 sqft, suggesting there is no garden. The list price is £975,000. The area has an average house price of £259,400 and an average price per sqft of £308. This is significantly lower than the list price of this property. Nearby properties are also considerably cheaper, ranging from £47,500 to £375,000. The lack of garden space is also a notable factor. Based on the images provided, the property is in very poor condition and requires extensive renovation. The carpets are damaged, walls show signs of water damage and there’s general disrepair throughout. The property appears to be a period property with some original features, but these are obscured by the current state of disrepair. Considering the property’s condition, the lack of a garden, and the significant discrepancy between its list price and the average price per sqft in the area, the price seems unreasonable and significantly overvalued. The property is in a central location in Middlesbrough, but this alone cannot justify the high asking price given its current condition. Nearby schools and transportation links are positive aspects of the location.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
2
Condition
2
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
3,328.20

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
487,124.00 £
Increased by 94.35 %
from 250,641.00 £
Est sale value
2,050,171.20 £
Increased by 112.41 %
from 965,178.00 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est letting value
3,328.20 £/mo
Unchanged by 0.00 %
from 3,328.20 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
25.00 %
Unchanged by 0.00 %
from 25.00 %

Agent Activity

  • Progression Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Teesside UniversityHigher Education InstitutionsOutstanding0.53 KM
Ayresome Primary SchoolAcademy Sponsor Led0.98 KM
Newport Primary SchoolFoundation SchoolGood0.99 KM
Abingdon Children'S CentreChildren's Centre1.21 KM
Abingdon Primary SchoolFoundation SchoolGood1.23 KM

Images

12.jpg 16.jpg 7.jpg 8.jpg grange road exisiting.jpg 1.jpg 4.jpg 5.jpg EXTERIOR - the whole orange coloured building.jpg 11.jpg EXTERIOR 1.jpg 2.jpg 3.jpg 6.jpg 9.jpg 10.jpg 14.jpg 15.jpg 17.jpg 18.jpg 19.jpg 13.jpg 20.jpg 21.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Davison Street £ 000.00 KM
Borough Road £ 390,00000.00 KM
Johnson Street £ 000.00 KM
Bolckow Street £ 000.00 KM
Newport Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR0.67 KM
James Cook University Hospital9507JCH4.18 KM
Marton7947MTO5.59 KM
Billingham7910BIL5.69 KM
South Bank7953SBK6.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
GRANGE ROAD, MIDDLESBROUGH £ 975,000BUY3 / 100.00 KM
GRANGE ROAD, MIDDLESBROUGH £ 450,000BUY4 / 100.00 KM
GRANGE ROAD, MIDDLESBROUGH £ 495,000BUY3 / 100.02 KM
GRANGE ROAD, MIDDLESBROUGH £ 475,000BUY3 / 100.05 KM
Borough Road, Middlesbrough £ 295,000BUY6 / 100.16 KM

Nearby Properties

AddressPriceDistance
59 St Aidans Drive £ 47,5000.10 KM
74 St Aidans Drive £ 60,0000.10 KM
34 - 36 Borough Road £ 375,0000.17 KM
47 Borough Road £ 50,0000.20 KM
6a Borough Road £ 50,0000.24 KM