Borough Road, Middlesbrough, North Yorkshire, TS1
BR

Borough Road, Middlesbrough, North Yorkshire, TS1

By Bridgfords

£ 290,000

Reviews

2 out of 5 stars

Bridgfords says ..

Ideal investment opportunity boasting an incredible yield on both Commercial with added residential units above, comprising of shop to ground floor, and 4 double rooms sharing one kitchen and one bathroom. This property boasts potential for further development to either 6 En-suite self-contained ...

Property Oracle says ..

This property, located on Borough Road in Middlesbrough, presents itself as a potential investment opportunity. Its central location, close to Teesside University, makes it ideally suited for student rental or a conversion into a HMO (House of Multiple Occupancy), capitalizing on the high demand for student housing in the area. The five bedrooms offer significant rental potential, although the images suggest the property could benefit from some cosmetic enhancements. The condition of the property is reasonable; however, potential buyers will want to conduct a full survey to assess the overall condition. While the lack of external space may be a limitation, for the right investor, the central Middlesbrough location and potential rental yield make this an attractive option. However, the overall market conditions in Middlesbrough and the need for some potential refurbishment must be carefully considered before committing to a purchase. The absence of square footage information hinders a thorough analysis of price per square foot, but the price point seems within the typical range for comparable properties in the area, considering their mixed-use nature.

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
7
Land
1
Bedrooms
5
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
487,124.00 £
Increased by 94.35 %
from 250,641.00 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Teesside UniversityHigher Education InstitutionsOutstanding0.50 KM
Ayresome Primary SchoolAcademy Sponsor Led0.84 KM
Newport Primary SchoolFoundation SchoolGood0.92 KM
Abingdon Children'S CentreChildren's Centre1.19 KM
Sacred Heart Primary SchoolAcademy ConverterGood1.22 KM

Images

Picture No. 04 Picture No. 02 Picture No. 03 Picture No. 05 Picture No. 10 Picture No. 01 Picture No. 06 Picture No. 08 Picture No. 09 Picture No. 07

Nearby Streets

NameAverage PriceAverage SqftDistance
Borough Road £ 390,00000.00 KM
Davison Street £ 000.00 KM
Princes Street £ 91,23800.00 KM
Johnson Street £ 000.00 KM
Newport Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR0.82 KM
James Cook University Hospital9507JCH4.11 KM
Marton7947MTO5.52 KM
Billingham7910BIL5.76 KM
South Bank7953SBK7.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Borough Road, Middlesbrough, North Yorkshire, TS1 £ 290,000BUY5 / 100.00 KM
Borough Road, Middlesbrough £ 295,000BUY6 / 100.01 KM
Borough Road, Middlesbrough £ 280,000BUY6 / 100.05 KM
Borough Road, Middlesbrough £ 290,000BUY6 / 100.06 KM
Borough Road, Middlesbrough, North Yorkshire, TS1 £ 590,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
34 - 36 Borough Road £ 375,0000.02 KM
47 Borough Road £ 50,0000.04 KM
59 St Aidans Drive £ 47,5000.07 KM
74 St Aidans Drive £ 60,0000.07 KM
4 Amber Street £ 15,0000.09 KM