Michael Poole says ..
*** For Sale By Auction *** LIVE ONLINE AUCTION *** Wednesday 30th April 2025 *** Option 1 *** Located In the Village of Lazenby, This End of Terrace Property Is Ideal for A First Time Buyer or As a Buy to Let. With Recently Replaced Combi Boiler and Sa...
Property Oracle says ..
The property is a 2 bedroom end of terrace located on High Street, Lazenby. The asking price is £70,000. The property appears to be in generally good condition, though some minor cosmetic updates may enhance its appeal. The kitchen and bathroom seem recently updated, while the flooring and some walls show signs of age. The exposed beams add character. The small rear yard is a simple paved area, offering limited outdoor space. The location is in Lazenby, a residential area. Proximity to local schools, such as Wilton Primary Academy (0.26km), is a positive. Transportation links appear reasonable, with several train stations within a reasonable distance. However, the overall vibrancy and amenities of the immediate area are not explicitly detailed. Considering the average house price in the area is £117,583 and the average price per sqft is £140, the £70,000 asking price for this 670 sqft property is significantly below average. However, the lack of plot size information and the need for some minor cosmetic improvements should be considered when evaluating the price. The property’s condition is not poor enough to justify the significant price difference from the average. Further investigation into comparable properties in the immediate vicinity would help determine if the price is truly undervalued or if other factors are influencing the price point.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 7
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 670.00
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Metrics Year-on-Year
- Average area value
- 144,975.00 £Increased by 26.24 %
- Est sale value
- 110,550.00 £Decreased by 11.76 %
- Average area rental value
- 656.00 £/moDecreased by 4.37 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 5.43 %Decreased by 24.27 %
- Crime Rate
- 290.00 %Unchanged by 0.00 %
Agent Activity
Michael Poole created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wilton Primary Academy | Academy Converter | 0.26 KM | |
| Whale Hill Primary School | Academy Converter | 2.90 KM | |
| Caedmon Primary School | Academy Converter | 3.46 KM | |
| St Mary'S Catholic Primary School | Academy Converter | 3.47 KM | |
| Mo Mowlam Academy | Academy Special Sponsor Led | 3.58 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Parrington Place | £ 0 | 0 | 0.00 KM |
| Wilton Lane | £ 239,990 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Redcar British Steel | 7932 | RBS | 4.44 KM |
| South Bank | 7953 | SBK | 6.98 KM |
| Redcar Central | 7950 | RCC | 7.09 KM |
| Nunthorpe | 7946 | NNT | 7.63 KM |
| Redcar East | 7974 | RCE | 8.20 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Lazenby | £ 70,000 | BUY | 6 / 10 | 0.00 KM |
| High Street, Lazenby | £ 67,000 | BUY | 5 / 10 | 0.00 KM |
| High Street, Lazenby, Middlesbrough, TS6 | £ 99,995 | BUY | 5 / 10 | 0.03 KM |
| North Row, Lazenby | £ 70,000 | BUY | Unknown | 0.11 KM |
| Turner Terrace, Lazenby | £ 114,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Chedlea | £ 135,000 | 0.00 KM |
| 25 High Street | £ 55,000 | 0.00 KM |
| 27 High Street | £ 45,000 | 0.01 KM |
| 21 High Street | £ 51,000 | 0.01 KM |
| 29 High Street | £ 58,000 | 0.01 KM |