Clarke Munro says ..

Property Oracle says ..

This two-bedroom terraced house in Middlesbrough is listed at £70,000. The property is located on Coronation Street in North Ormesby, an area with a mix of housing types. While the provided images show the property to be in need of some modernisation, it presents an opportunity for a buyer to add value. The location benefits from relatively close proximity to schools such as St Alphonsus’ Catholic Primary School and North Ormesby Primary Academy, both rated as either “Good” or “Outstanding” by Ofsted. Transport links are also reasonably accessible, with several train stations within a few kilometers. The list price is slightly below the average price for the area (£74,435), and while the average price per square foot is higher (£99), the property’s condition and lack of significant plot size might justify this difference. Nearby comparable properties on Coronation Street range from £30,000 to £66,000, suggesting the £70,000 asking price is within the range of similar properties in the immediate vicinity. However, a thorough survey is recommended to assess any potential structural issues or hidden problems before purchase.

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

Images