Somerset Street, Middlesbrough
MI

Somerset Street, Middlesbrough

By Michael Poole

£ 80,000

Reviews

2 out of 5 stars

Michael Poole says ..

Attention Investors! This Two Bedroom, Two Reception Room Mid Terrace Home is Only a Stone's Throw Away from Teesside University Campus & is Ready to Rent Out!

Property Oracle says ..

This two-bedroom terraced house in Middlesbrough is located on Somerset Street, in a convenient central location. The property benefits from being close to local schools, including Outwood Academy Riverside (0.17km), Abingdon Primary School (0.22km), and Teesside University (0.79km). Public transport links are also readily available, with Middlesbrough train station just 1.02km away. The property itself appears to be in good condition, with a recently updated kitchen and bathroom. However, the lack of a garden is a notable drawback. While the list price of £80,000 is significantly lower than the area average of £259,400, it is important to consider the smaller size (600 sqft compared to the area average of 840 sqft) and the absence of a garden. Considering comparable properties on Somerset Street, which range from £39,999 to £75,000, the list price seems reasonable, although further investigation into the specific condition and any potential hidden issues is recommended. The property may be suitable for first-time buyers or investors looking for a property in a central location with good transport links and nearby amenities.

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
8
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
600.00

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
369,600.00 £
Increased by 112.41 %
from 174,000.00 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est letting value
600.00 £/mo
Unchanged by 0.00 %
from 600.00 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Michael Poole created the listing.

Nearby Schools

NameTypeOfstedDistance
Outwood Academy RiversideFree Schools0.17 KM
Abingdon Primary SchoolFoundation SchoolGood0.22 KM
Abingdon Children'S CentreChildren's Centre0.31 KM
Middlesbrough CollegeFurther EducationGood0.74 KM
Teesside UniversityHigher Education InstitutionsOutstanding0.79 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Bright Street £ 223,33300.00 KM
Hazel Court £ 000.00 KM
Oak Street £ 000.00 KM
Windward Way £ 000.00 KM
Albert Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR1.02 KM
James Cook University Hospital9507JCH3.16 KM
Marton7947MTO4.55 KM
South Bank7953SBK5.76 KM
Billingham7910BIL6.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Somerset Street, Middlesbrough £ 80,000BUY5 / 100.00 KM
Fife Street, Middlesbrough, North Yorkshire, TS1 £ 115,000BUY5 / 100.06 KM
28 Camden Street, Middlesbrough, Cleveland, TS1 2EG £ 50,000BUY6 / 100.11 KM
39 Abingdon Road, Middlesbrough, Cleveland, TS1 £ 42,000BUY5 / 100.20 KM
Myrtle Street, Middlesbrough, TS1 3 £ 100,000BUY6 / 100.22 KM

Nearby Properties

AddressPriceDistance
10 Somerset Street £ 65,0000.05 KM
6 Somerset Street £ 39,9990.05 KM
7 Somerset Street £ 70,0000.05 KM
20 Somerset Street £ 53,2500.05 KM
44 Somerset Street £ 75,0000.05 KM