Ayresome Street, Middlesbrough, TS1 4PE
Kings Sales & Letting Agents logo

Ayresome Street, Middlesbrough, TS1 4PE

By Kings Sales & Letting Agents

£ 99,000

Reviews

2 out of 5 stars

Kings Sales & Letting Agents says ..

**INVESTMENT OPPORTUNITY** End-terraced house converted into two self-contained one-bedroom flats, each with its own separate utility supplies. The property is being sold with current tenancies in place, generating a rental income of £1,050 per calendar month.

Property Oracle says ..

This property on Ayresome Street, Middlesbrough, is presented as an investment opportunity, having been converted into two self-contained one-bedroom flats. The listing highlights a monthly rental income of £1,050. The property’s exterior shows a standard terraced house structure, appearing reasonably well-maintained from the provided images. However, the interior photographs reveal a somewhat dated aesthetic, indicating potential for improvement and modernization. The kitchen, in particular, appears functional but could benefit from updating. The location offers proximity to several schools, at least one of which has a ‘Good’ Ofsted rating, and is situated within Middlesbrough, suggesting access to transport links, though distances are not specified. The lack of square footage information and plot size details limits a comprehensive analysis of price per square foot or land value. Overall, the property presents itself as a viable investment prospect for buyers looking for rental income within Middlesbrough, but prospective buyers should be prepared for potential renovation costs and factor in the area’s overall desirability when making a purchase decision. Note the lack of outdoor space is a significant factor for most purchasers.

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

Price
7
Condition
5
Location
6
Land
1
Bedrooms
2
Bathrooms
2

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
311,242.00 £
Decreased by 1.54 %
from 316,102.00 £
Average area rental value
592.00 £/mo
Increased by 6.09 %
from 558.00 £/mo
Est rental Yield
2.28 %
Increased by 7.55 %
from 2.12 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Kings Sales & Letting Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Sacred Heart Primary SchoolAcademy ConverterGood0.14 KM
Ayresome Primary SchoolAcademy Sponsor Led0.49 KM
Newport Primary SchoolFoundation SchoolGood0.69 KM
Linthorpe Community Primary SchoolAcademy Converter0.76 KM
Archibald Primary SchoolAcademy Converter1.04 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Derwent Street £ 000.00 KM
Glebe Road £ 81,66500.00 KM
Howe Street £ 72,50000.00 KM
Ayresome Street £ 000.00 KM
Harewood Street £ 90,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR2.11 KM
James Cook University Hospital9507JCH4.59 KM
Billingham7910BIL5.70 KM
Marton7947MTO5.94 KM
Thornaby7976TBY5.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ayresome Street, Middlesbrough, TS1 4PE £ 99,000BUY4 / 100.00 KM
The Turnstile, Middlesbrough, TS5 £ 105,000BUY6 / 100.09 KM
Aire Street, Middlesbrough £ 75,000BUY5 / 100.09 KM
The Holgate, Middlesbrough, TS5 £ 85,000BUY6 / 100.10 KM
89 Costa Street, Middlesbrough, North Yorkshire TS1 4PJ £ 25,000BUY4 / 100.10 KM

Nearby Properties

AddressPriceDistance
150 Ayresome Street £ 78,0000.00 KM
136 Ayresome Street £ 48,0000.00 KM
134 Ayresome Street £ 70,0000.00 KM
108 Ayresome Street £ 120,0000.00 KM
142 Ayresome Street £ 82,7500.00 KM