Ellis Gardens, Hemlington
By Progression Property
£ 90,000
Reviews
2 out of 5 stars
Progression Property says ..
** CAN CURRENTLY ONLY BE SOLD TO INVESTORS AS THE CURRENT TENANT ONLY MOVED IN IN DECEMBER ON A 6 MONTH AST ** A good investment opportunity in the heart of Hemlington! This spacious 4-bedroom mid-terrace property is now available with a sitting tenant paying £548 pcm - ths a yield of 7% +, m...
Property Oracle says ..
This 4-bedroom mid-terrace property in Hemlington, Middlesbrough, is currently listed for £90,000. The property is presented as an investment opportunity due to an existing sitting tenant. The location in Hemlington offers proximity to local amenities, including Hemlington Lake and schools with good Ofsted ratings. Transport links to Middlesbrough and other areas are also relatively accessible. However, Hemlington is not considered a high-end area within Middlesbrough. The property’s condition is a mixed bag. Some areas are reasonably well-maintained, while others require attention. Peeling wallpaper and apparent wall damage are visible in several photos, and overall, some level of refurbishment would improve the property’s aesthetic and market value. The images reveal a small external area, but the lack of precise information on plot size means a definitive statement regarding the amount of land cannot be made. The asking price of £90,000 appears to be at the higher end of similar properties in the immediate vicinity, but the presence of a tenant and rental yield should be factored into the consideration of price reasonableness. A comprehensive survey and further information about the property’s square footage would offer a more accurate assessment of value.
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
- 4
- Location
- 6
- Land
- 2
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,000.00
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
- 233,000.00 £Decreased by 10.71 %
- Est sale value
- 222,000.00 £Increased by 1.83 %
- Average area rental value
- 871.00 £/moDecreased by 2.02 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.49 %Increased by 9.78 %
- Crime Rate
- 58.00 %Unchanged by 0.00 %
Agent Activity
Progression Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hemlington Children'S Centre | Children's Centre | 0.52 KM | |
| Viewley Hill Academy | Academy Converter | Good | 0.60 KM |
| St Gerard'S Rc Primary School | Academy Converter | Good | 0.88 KM |
| Hemlington Hall Academy | Academy Sponsor Led | Good | 1.31 KM |
| Sunnyside Academy | Academy Converter | Requires improvement | 1.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Folkstone Close | £ 0 | 0 | 0.00 KM |
| Parnaby Way | £ 255,000 | 0 | 0.00 KM |
| Coatham Close | £ 0 | 0 | 0.00 KM |
| Aviemore Road | £ 0 | 0 | 0.00 KM |
| Elvey Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| James Cook University Hospital | 9507 | JCH | 5.07 KM |
| Marton | 7947 | MTO | 5.44 KM |
| Middlesbrough | 7929 | MBR | 6.63 KM |
| Gypsy Lane | 7930 | GYP | 6.97 KM |
| Nunthorpe | 7946 | NNT | 7.97 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ellis Gardens, Hemlington | £ 90,000 | BUY | 4 / 10 | 0.00 KM |
| 41 Ellis Gardens, Hemlington, Middlesbrough, Cleveland, TS8 | £ 30,000 | BUY | 5 / 10 | 0.01 KM |
| Fonteyn Court, Hemlington, County Durham | £ 80,000 | BUY | Unknown | 0.06 KM |
| Fonteyn Court, Hemlington, Middlesbrough, TS8 | £ 85,000 | BUY | 5 / 10 | 0.07 KM |
| Dalcross Court, Hemlington, Middlesbrough, TS8 | £ 70,000 | BUY | 4 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Ellis Gardens | £ 71,000 | 0.05 KM |
| 29 Ellis Gardens | £ 71,000 | 0.05 KM |
| 3 Fairfax Court | £ 96,000 | 0.19 KM |
| 60 Dalwood Court | £ 48,000 | 0.22 KM |
| 76 Dalwood Court | £ 75,000 | 0.22 KM |