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 The kitchen and bathroom are noticeably outdated, and the overall décor is tired.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 %
- Est sale value
- 252,498.10 £Increased by 28.10 %
- Average area rental value
- 592.00 £/moIncreased by 6.09 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.28 %Increased by 7.55 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Teal Space created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Newport Primary School | Foundation School | Good | 0.11 KM |
| Ayresome Primary School | Academy Sponsor Led | 0.50 KM | |
| Sacred Heart Primary School | Academy Converter | Good | 0.60 KM |
| Archibald Primary School | Academy Converter | 1.21 KM | |
| Linthorpe Community Primary School | Academy Converter | 1.35 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Glebe Road | £ 81,665 | 0 | 0.00 KM |
| Derwent Street | £ 0 | 0 | 0.00 KM |
| Howe Street | £ 72,500 | 0 | 0.00 KM |
| Beaufort Street | £ 0 | 0 | 0.00 KM |
| Harewood Street | £ 90,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Middlesbrough | 7929 | MBR | 1.69 KM |
| James Cook University Hospital | 9507 | JCH | 4.77 KM |
| Billingham | 7910 | BIL | 5.29 KM |
| Thornaby | 7976 | TBY | 6.10 KM |
| Marton | 7947 | MTO | 6.15 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Union Street, Middlesbrough, TS1 | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| Union Street, Middlesbrough | £ 60,000 | BUY | 5 / 10 | 0.07 KM |
| Outram Street, Middlesbrough, North Yorkshire, TS1 | £ 60,000 | BUY | 4 / 10 | 0.07 KM |
| Wylam Street, Middlesbrough | £ 120,000 | BUY | 6 / 10 | 0.12 KM |
| Union Street, MIDDLESBROUGH, Cleveland, TS1 | £ 90,000 | BUY | 4 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 125 Glebe Road | £ 17,000 | 0.03 KM |
| 62 Glebe Road | £ 49,000 | 0.03 KM |
| 121 Glebe Road | £ 46,250 | 0.03 KM |
| 14 Outram Street | £ 28,000 | 0.07 KM |
| 36 Outram Street | £ 38,500 | 0.07 KM |