Borough Road, Middlesbrough
By Progression Property
£ 310,000
Reviews
2 out of 5 stars
Progression Property says ..
Progression Property are delighted to welcome on to the market a neatly presented 8 bedroom student HMO on the doorstep of the university! Located in the heart of the city centre and opposite is the view of the university, this is an investors dream and cannot get better in terms of loca...
Property Oracle says ..
This 8-bedroom, 5-bathroom property located on Borough Road in Middlesbrough is marketed as a student HMO (House of Multiple Occupancy). Its key strength lies in its central Middlesbrough location, a short distance from Teesside University, making it highly attractive to students. The photos suggest a generally clean and functional interior but somewhat basic finishes. The condition of the property appears suitable for its intended use as a student rental. However, more information is required to definitively assess the structural condition and quality of the property. The property’s lack of external space is a notable limitation. While the list price may be considered within a reasonable range for the location, more comparable sales data is needed to accurately assess its value and whether this is great value for money. The absence of plot size details in the provided information makes a comprehensive market evaluation difficult. Further information on the property’s rental history would also aid a more detailed financial assessment of the investment opportunity this represents. This property would most likely suit an investor looking for a student let.
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
- 6
- Location
- 8
- Land
- 1
- Bedrooms
- 8
- Bathrooms
- 5
- Sqft (est)
- 2,229.00
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 %
- Est sale value
- 1,373,064.00 £Increased by 112.41 %
- Average area rental value
- 1,220.00 £/moIncreased by 6.46 %
- Est letting value
- 2,229.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.01 %Decreased by 45.17 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Progression Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Teesside University | Higher Education Institutions | Outstanding | 0.17 KM |
| Abingdon Children'S Centre | Children's Centre | 0.84 KM | |
| Abingdon Primary School | Foundation School | Good | 0.87 KM |
| Outwood Academy Riverside | Free Schools | 0.96 KM | |
| Ayresome Primary School | Academy Sponsor Led | 1.09 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Davison Street | £ 0 | 0 | 0.00 KM |
| Borough Road | £ 390,000 | 0 | 0.00 KM |
| Albert Road | £ 0 | 0 | 0.00 KM |
| Bolckow Street | £ 0 | 0 | 0.00 KM |
| Johnson Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Middlesbrough | 7929 | MBR | 0.69 KM |
| James Cook University Hospital | 9507 | JCH | 3.82 KM |
| Marton | 7947 | MTO | 5.23 KM |
| Billingham | 7910 | BIL | 6.05 KM |
| South Bank | 7953 | SBK | 6.66 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Borough Road, Middlesbrough | £ 310,000 | BUY | 5 / 10 | 0.00 KM |
| Borough Road, Middlesbrough, TS1 | £ 525,000 | BUY | 5 / 10 | 0.06 KM |
| Albert Road, Middlesbrough | £ 290,000 | BUY | Unknown | 0.10 KM |
| Albert Road, Middlesbrough, North Yorkshire, TS1 | £ 290,000 | BUY | 5 / 10 | 0.12 KM |
| Borough Road, Middlesbrough | £ 290,000 | BUY | 6 / 10 | 0.30 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 72 Borough Road | £ 137,500 | 0.06 KM |
| 86 Borough Road | £ 225,000 | 0.06 KM |
| 82 Borough Road | £ 320,000 | 0.06 KM |
| 85 Borough Road | £ 120,000 | 0.08 KM |
| 91a Borough Road | £ 185,000 | 0.08 KM |