Worcester Street, Middlesbrough, North Yorkshire, TS1
By Kings Sales & Letting Agents
£ 125,000
Reviews
2 out of 5 stars
Kings Sales & Letting Agents says ..
Kings welcomes this TWO BEDROOM, END TERRACE property to the market. It's an IDEAL INVESTMENT OPPORTUNITY. Currently rented out to a family at £550pcm, but there is potential to convert this into a HMO style rental. Contact Kings for a viewing.
Property Oracle says ..
This two-bedroom, end-terrace property located on Worcester Street in Middlesbrough presents itself as a potential investment opportunity. Its proximity to Teesside University and the town centre makes it attractive for students or young professionals. The property is currently rented out, generating a monthly income, which enhances its investment appeal. However, the provided images reveal a property that is in need of some modernisation. The décor is dated, and some cosmetic improvements would likely increase its market value and rental appeal. The kitchen and bathroom, while functional, would benefit from an update. The lack of information concerning the plot size is a significant drawback. Overall, the property is suitable for investors who are willing to invest in minor renovations to increase its rental value or improve its aesthetic qualities before selling. The price seems to reflect the current market conditions and the property’s rental yield, but potential buyers should carry out a thorough survey before purchasing.
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
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
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 %
- Average area rental value
- 592.00 £/moIncreased by 6.09 %
- Est rental Yield
- 2.28 %Increased by 7.55 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Kings Sales & Letting Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Sacred Heart Primary School | Academy Converter | Good | 0.09 KM |
| Ayresome Primary School | Academy Sponsor Led | 0.30 KM | |
| Newport Primary School | Foundation School | Good | 0.65 KM |
| Linthorpe Community Primary School | Academy Converter | 0.85 KM | |
| Archibald Primary School | Academy Converter | 1.24 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Howe Street | £ 72,500 | 0 | 0.00 KM |
| Ayresome Street | £ 0 | 0 | 0.00 KM |
| Glebe Road | £ 81,665 | 0 | 0.00 KM |
| Harewood Street | £ 90,000 | 0 | 0.00 KM |
| Derwent Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Middlesbrough | 7929 | MBR | 1.95 KM |
| James Cook University Hospital | 9507 | JCH | 4.42 KM |
| Marton | 7947 | MTO | 5.78 KM |
| Billingham | 7910 | BIL | 5.79 KM |
| Thornaby | 7976 | TBY | 6.16 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Worcester Street, Middlesbrough, North Yorkshire, TS1 | £ 125,000 | BUY | 4 / 10 | 0.00 KM |
| Worcester Street, Middlesbrough, TS1 4NS | £ 92,500 | BUY | 5 / 10 | 0.05 KM |
| Warwick Street, Middlesbrough, TS1 | £ 60,000 | BUY | 5 / 10 | 0.07 KM |
| Warwick Street, Middlesbrough | £ 87,500 | BUY | 6 / 10 | 0.08 KM |
| Worcester Street, Middlesbrough, TS1 | £ 50,000 | BUY | 4 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 83 Ayresome Street | £ 80,000 | 0.02 KM |
| 81 Ayresome Street | £ 75,000 | 0.03 KM |
| 65 Ayresome Street | £ 55,000 | 0.03 KM |
| 67 Worcester Street | £ 67,500 | 0.04 KM |
| 60 Worcester Street | £ 44,000 | 0.04 KM |