Granville Road, Middlesbrough, TS1
TE

Granville Road, Middlesbrough, TS1

By Teal Space

£ 3,000,000

Reviews

1 out of 5 stars

Teal Space says ..

An substantial, refurbished building in central Middlesbrough providing an impressive INVESTMENT opportunity. The property benefits from three retail units to the ground floor which have long term tenants. There is an impressive entrance area to the 28 student pods on the top three floo...

Property Oracle says ..

This property, located on Granville Road in Middlesbrough, presents a mixed profile. The interior has been modernised, offering contemporary living spaces. However, the building’s exterior and immediate surroundings, which include commercial establishments, may not appeal to all. The lack of private outdoor space is also a drawback. The asking price of £3,000,000 appears significantly overvalued compared to local averages, making it a less attractive investment at this price point. The property’s proximity to Teesside University could be a positive factor for student accommodation or related services, but the current pricing does not reflect market realities for residential properties in this area.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
1
Condition
7
Location
6
Land
1
Bedrooms
28
Bathrooms
0
Sqft (est)
57,196.00

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
487,124.00 £
Increased by 94.35 %
from 250,641.00 £
Est sale value
35,232,736.00 £
Increased by 112.41 %
from 16,586,840.00 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est letting value
57,196.00 £/mo
Unchanged by 0.00 %
from 57,196.00 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Teal Space created the listing.

Nearby Schools

NameTypeOfstedDistance
Teesside UniversityHigher Education InstitutionsOutstanding0.52 KM
Ayresome Primary SchoolAcademy Sponsor Led0.79 KM
Abingdon Children'S CentreChildren's Centre0.97 KM
Abingdon Primary SchoolFoundation SchoolGood1.04 KM
Sacred Heart Primary SchoolAcademy ConverterGood1.11 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Granville Road £ 129,97500.00 KM
Park Lane £ 000.00 KM
Saint Aidan's Street £ 55,00000.00 KM
Dunning Street £ 000.00 KM
Harewood Street £ 90,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR1.26 KM
James Cook University Hospital9507JCH3.61 KM
Marton7947MTO5.01 KM
Billingham7910BIL6.31 KM
South Bank7953SBK6.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Granville Road, Middlesbrough, TS1 £ 3,000,000BUY3 / 100.00 KM
Albert Terrace, Middlesbrough, TS1 £ 120,000BUY4 / 100.13 KM
Albert Terrace, Middlesbrough £ 2,400,000BUY4 / 100.14 KM
Albert Terrace, Middlesbrough, North Yorkshire, TS1 £ 155,000BUY4 / 100.16 KM
Granville Road, Middlesbrough, North Yorkshire, TS1 £ 3,600,000BUY3 / 100.21 KM

Nearby Properties

AddressPriceDistance
6 Granville Road £ 68,5000.09 KM
28 Granville Road £ 85,0000.09 KM
45 Park Lane £ 45,0000.14 KM
71 Park Lane £ 52,0000.14 KM
47 Park Lane £ 57,0000.14 KM