Union Street, Middlesbrough, TS1
TE

Union Street, Middlesbrough, TS1

By Teal Space

£ 75,000

Reviews

2 out of 5 stars

Teal Space says ..

CHAIN FREE INVESTMENT OPPORTUNITY This ideally located mid-terrace two bedroom house in central Middlesbrough is ready to buy, either by owner occupiers or as a rental opportunity. Located a short walk from Middlesbrough town centre the property sits within reach of Teesside University. Inte...

Property Oracle says ..

This two-bedroom terraced house in Middlesbrough’s Union Street presents a mixed bag for potential buyers. Its location is undeniably its strongest suit. Situated in central Middlesbrough, within walking distance of Teesside University and the town centre, it is extremely convenient for students and commuters. The nearby Newport Primary School is another notable advantage for families. However, this convenience comes with a potential trade-off depending on the specific area. The need for modernization is evident from the provided images, the dated interior needing work to modernize its look and improve the property’s value. The kitchen and bathroom are noticeably outdated, and the overall décor is tired. The property is not in disrepair, but it’s not move-in ready. Furthermore, the outdoor space is extremely limited, consisting of a small yard rather than a garden. The lack of information on the size of comparable properties hinders a complete price assessment. While the £75,000 asking price might be competitive, the cost of necessary renovations should be factored into the overall investment. Overall, this property is a reasonable investment opportunity for those looking to renovate and potentially capitalize on a central location; however buyers should be aware of the upcoming costs.

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
5
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
814.51

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
311,242.00 £
Decreased by 1.54 %
from 316,102.00 £
Est sale value
252,498.10 £
Increased by 28.10 %
from 197,111.42 £
Average area rental value
592.00 £/mo
Increased by 6.09 %
from 558.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.28 %
Increased by 7.55 %
from 2.12 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Teal Space created the listing.

Nearby Schools

NameTypeOfstedDistance
Newport Primary SchoolFoundation SchoolGood0.11 KM
Ayresome Primary SchoolAcademy Sponsor Led0.50 KM
Sacred Heart Primary SchoolAcademy ConverterGood0.60 KM
Archibald Primary SchoolAcademy Converter1.21 KM
Linthorpe Community Primary SchoolAcademy Converter1.35 KM

Images

Picture No. 12 Picture No. 10 Picture No. 11 Picture No. 04 Picture No. 05 Picture No. 03 Picture No. 06 Picture No. 07 Picture No. 08 Picture No. 09

Nearby Streets

NameAverage PriceAverage SqftDistance
Glebe Road £ 81,66500.00 KM
Derwent Street £ 000.00 KM
Howe Street £ 72,50000.00 KM
Beaufort Street £ 000.00 KM
Harewood Street £ 90,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR1.69 KM
James Cook University Hospital9507JCH4.77 KM
Billingham7910BIL5.29 KM
Thornaby7976TBY6.10 KM
Marton7947MTO6.15 KM

Nearby Listings

AddressPriceTypeScoreDistance
Union Street, Middlesbrough, TS1 £ 75,000BUY5 / 100.00 KM
Union Street, Middlesbrough £ 60,000BUY5 / 100.07 KM
Outram Street, Middlesbrough, North Yorkshire, TS1 £ 60,000BUY4 / 100.07 KM
Wylam Street, Middlesbrough £ 120,000BUY6 / 100.12 KM
Union Street, MIDDLESBROUGH, Cleveland, TS1 £ 90,000BUY4 / 100.12 KM

Nearby Properties

AddressPriceDistance
125 Glebe Road £ 17,0000.03 KM
62 Glebe Road £ 49,0000.03 KM
121 Glebe Road £ 46,2500.03 KM
14 Outram Street £ 28,0000.07 KM
36 Outram Street £ 38,5000.07 KM