Worcester Street, Middlesbrough, North Yorkshire, TS1
Kings Sales & Letting Agents logo

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 %
from 316,102.00 £
Average area rental value
592.00 £/mo
Increased by 6.09 %
from 558.00 £/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

  • Kings Sales & Letting Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Sacred Heart Primary SchoolAcademy ConverterGood0.09 KM
Ayresome Primary SchoolAcademy Sponsor Led0.30 KM
Newport Primary SchoolFoundation SchoolGood0.65 KM
Linthorpe Community Primary SchoolAcademy Converter0.85 KM
Archibald Primary SchoolAcademy Converter1.24 KM

Images

Lounge Dining Room Kitchen Bathroom Bedroom 1 Bedroom 2

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR1.95 KM
James Cook University Hospital9507JCH4.42 KM
Marton7947MTO5.78 KM
Billingham7910BIL5.79 KM
Thornaby7976TBY6.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Worcester Street, Middlesbrough, North Yorkshire, TS1 £ 125,000BUY4 / 100.00 KM
Worcester Street, Middlesbrough, TS1 4NS £ 92,500BUY5 / 100.05 KM
Warwick Street, Middlesbrough, TS1 £ 60,000BUY5 / 100.07 KM
Warwick Street, Middlesbrough £ 87,500BUY6 / 100.08 KM
Worcester Street, Middlesbrough, TS1 £ 50,000BUY4 / 100.10 KM

Nearby Properties

AddressPriceDistance
83 Ayresome Street £ 80,0000.02 KM
81 Ayresome Street £ 75,0000.03 KM
65 Ayresome Street £ 55,0000.03 KM
67 Worcester Street £ 67,5000.04 KM
60 Worcester Street £ 44,0000.04 KM