Ellis Gardens, Hemlington
PR

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 %
from 260,961.00 £
Est sale value
222,000.00 £
Increased by 1.83 %
from 218,000.00 £
Average area rental value
871.00 £/mo
Decreased by 2.02 %
from 889.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.49 %
Increased by 9.78 %
from 4.09 %
Crime Rate
58.00 %
Unchanged by 0.00 %
from 58.00 %

Agent Activity

  • Progression Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Hemlington Children'S CentreChildren's Centre0.52 KM
Viewley Hill AcademyAcademy ConverterGood0.60 KM
St Gerard'S Rc Primary SchoolAcademy ConverterGood0.88 KM
Hemlington Hall AcademyAcademy Sponsor LedGood1.31 KM
Sunnyside AcademyAcademy ConverterRequires improvement1.81 KM

Images

eliis9.jpg eliis4.jpg eliis5.jpg eliis1.jpg eliis11.jpg eliis12.jpg eliis10.jpg eliis3.jpg eliis2.jpg eliis8.jpg eliis6.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Folkstone Close £ 000.00 KM
Parnaby Way £ 255,00000.00 KM
Coatham Close £ 000.00 KM
Aviemore Road £ 000.00 KM
Elvey Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
James Cook University Hospital9507JCH5.07 KM
Marton7947MTO5.44 KM
Middlesbrough7929MBR6.63 KM
Gypsy Lane7930GYP6.97 KM
Nunthorpe7946NNT7.97 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ellis Gardens, Hemlington £ 90,000BUY4 / 100.00 KM
41 Ellis Gardens, Hemlington, Middlesbrough, Cleveland, TS8 £ 30,000BUY5 / 100.01 KM
Fonteyn Court, Hemlington, County Durham £ 80,000BUYUnknown0.06 KM
Fonteyn Court, Hemlington, Middlesbrough, TS8 £ 85,000BUY5 / 100.07 KM
Dalcross Court, Hemlington, Middlesbrough, TS8 £ 70,000BUY4 / 100.20 KM

Nearby Properties

AddressPriceDistance
41 Ellis Gardens £ 71,0000.05 KM
29 Ellis Gardens £ 71,0000.05 KM
3 Fairfax Court £ 96,0000.19 KM
60 Dalwood Court £ 48,0000.22 KM
76 Dalwood Court £ 75,0000.22 KM