Pro Investment Properties Ltd says ..

Property Oracle says ..

The property is a House of Multiple Occupation (HMO) located on Bedford Street in Stockton-on-Tees. The area has a mix of terraced houses, and the subject property appears to be in a similar style. While the provided images show the exterior of the property to be in reasonable condition, requiring minimal maintenance, there is no information about the interior condition. The location benefits from proximity to several schools, including The Oak Tree Academy and St Bede’s Catholic Academy, both rated as “Good” by Ofsted. Transportation links are also convenient, with Stockton train station within a short distance. However, the lack of information regarding the property’s square footage and plot size makes it difficult to accurately assess the land and price. The average house price in the area is significantly higher than the listed price of £130,000, suggesting it could be undervalued, but more information is needed to confirm this. Nearby comparable properties are listed at much lower prices, suggesting that the asking price may be high. The property’s potential as an HMO needs to be considered in the context of rental yields and potential costs associated with maintaining and managing the property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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