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 %
- Average area rental value
- 1,364.00 £/moIncreased by 34.92 %
- Est rental Yield
- 4.82 %Increased by 33.15 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Progression Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ayresome Primary School | Academy Sponsor Led | 0.31 KM | |
| Sacred Heart Primary School | Academy Converter | Good | 0.41 KM |
| Newport Primary School | Foundation School | Good | 0.86 KM |
| Linthorpe Community Primary School | Academy Converter | 0.95 KM | |
| St Edward'S Catholic Primary School | Academy Converter | 1.02 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ayresome Street | £ 0 | 0 | 0.00 KM |
| Harewood Street | £ 90,000 | 0 | 0.00 KM |
| Howe Street | £ 72,500 | 0 | 0.00 KM |
| Saint Aidan's Street | £ 55,000 | 0 | 0.00 KM |
| Granville Road | £ 129,975 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Middlesbrough | 7929 | MBR | 1.81 KM |
| James Cook University Hospital | 9507 | JCH | 4.07 KM |
| Marton | 7947 | MTO | 5.43 KM |
| Billingham | 7910 | BIL | 6.08 KM |
| Thornaby | 7976 | TBY | 6.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Kensington Road, Middlesbrough | £ 230,000 | BUY | 5 / 10 | 0.00 KM |
| Napier Street, Middlesbrough | £ 90,000 | BUY | Unknown | 0.05 KM |
| Kensington Road, Linthorpe | £ 120,000 | BUY | 4 / 10 | 0.07 KM |
| Kensington Road, Linthorpe | £ 145,000 | BUY | Unknown | 0.08 KM |
| Kensington Road, Middlesbrough, North Yorkshire | £ 110,000 | BUY | 4 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Kensington Road | £ 140,000 | 0.03 KM |
| 12 Kensington Road | £ 92,000 | 0.03 KM |
| 2 Kensington Road | £ 23,000 | 0.04 KM |
| 18 Kensington Road | £ 40,000 | 0.04 KM |
| 14 Kensington Road | £ 97,000 | 0.04 KM |