Kensington Road, Middlesbrough
PR

Kensington Road, Middlesbrough

By Progression Property

£ 230,000

Reviews

2 out of 5 stars

Progression Property says ..

A STUNNINGLY PRESENTED AND HIGHLY SPACIOUS 'HMO' PROPERTY WHICH IS CURRENTLY GENERATING AN INCOMING RENT OF £2600 PCM WHICH INCLUDES BILLS (WHICH WILL BE £3150 WHEN THE LAST REMAINING ROOM IS FILLED) - THUS A GROSS YIELD OF 13% IF THE OCCUPANCY REMAINS AS IS, OR ITLL BE AROUND 16% GROSS WHEN FULL...

Property Oracle says ..

This property on Kensington Road, Middlesbrough, is a six-bedroom, six-bathroom house currently operating as an HMO. The images reveal a recently updated interior with a modern kitchen and bedrooms furnished with beds, wardrobes, and desks, suitable for student accommodation or rental to multiple tenants. The property’s location is convenient, near schools and public transport. Its potential as an HMO is a key feature. The asking price reflects the property’s high rental income and the potential for a strong yield. However, without knowing the exact square footage, comparing this property’s value per square foot is difficult, making a definitive assessment about its pricing difficult. More information regarding the property’s external condition and any outdoor space would be beneficial for a complete 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. *

Price
7
Condition
7
Location
6
Land
1
Bedrooms
6
Bathrooms
6

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
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Progression Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Ayresome Primary SchoolAcademy Sponsor Led0.31 KM
Sacred Heart Primary SchoolAcademy ConverterGood0.41 KM
Newport Primary SchoolFoundation SchoolGood0.86 KM
Linthorpe Community Primary SchoolAcademy Converter0.95 KM
St Edward'S Catholic Primary SchoolAcademy Converter1.02 KM

Images

EXTERNAL.jpg Kitchen Diner full depth.jpg top floor .JPG bedroom to ensuite.JPG ensuite bedroom .JPG ensuite.jpg Kitchen diner.jpg top floor bedroom.JPG bedroom ..JPG Bedroom.JPG ensuite bed angle 2.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Ayresome Street £ 000.00 KM
Harewood Street £ 90,00000.00 KM
Howe Street £ 72,50000.00 KM
Saint Aidan's Street £ 55,00000.00 KM
Granville Road £ 129,97500.00 KM

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR1.81 KM
James Cook University Hospital9507JCH4.07 KM
Marton7947MTO5.43 KM
Billingham7910BIL6.08 KM
Thornaby7976TBY6.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kensington Road, Middlesbrough £ 230,000BUY5 / 100.00 KM
Napier Street, Middlesbrough £ 90,000BUYUnknown0.05 KM
Kensington Road, Linthorpe £ 120,000BUY4 / 100.07 KM
Kensington Road, Linthorpe £ 145,000BUYUnknown0.08 KM
Kensington Road, Middlesbrough, North Yorkshire £ 110,000BUY4 / 100.09 KM

Nearby Properties

AddressPriceDistance
8 Kensington Road £ 140,0000.03 KM
12 Kensington Road £ 92,0000.03 KM
2 Kensington Road £ 23,0000.04 KM
18 Kensington Road £ 40,0000.04 KM
14 Kensington Road £ 97,0000.04 KM