Reeds Rains says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house listed at £105,000. The area has an average house price of £136,077 and an average price per square foot of £154. While the list price is below average for the area, it is important to consider other factors such as the property’s condition and the need for potential renovations. The property’s condition appears to require some level of modernisation. The interior decor and fixtures shown in the photographs suggest that the property would benefit from updating to meet modern standards. The garden is visible in the photographs and appears to be of reasonable size, although it could benefit from some maintenance. The location in South Bank, Middlesbrough, places the property within reach of several schools, including St Margaret Clitherows RC Primary School (rated ‘Good’ by Ofsted), and is also relatively close to several train stations. This suggests a reasonably convenient location. However, without specific details on the quality of the schools or the proximity to amenities, a definitive assessment of the location score is difficult. Given the below average list price, the apparent need for modernisation, and the lack of information regarding the property’s square footage, a conclusive evaluation of the price-to-value ratio is challenging. However, the list price being lower than the average price in the area suggests that it could represent reasonable value, provided the necessary renovations are factored into the overall cost.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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