Corporation Road, Middlesbrough, North Yorkshire, TS1
By XSELL PROPERTY LTD
£ 35,000
Reviews
2 out of 5 stars
XSELL PROPERTY LTD says ..
**FULLY TENANTED INVESTMENT OPPORTUNITY WITH 10% NET YIELD**
Property Oracle says ..
This studio apartment in Middlesbrough, North Yorkshire, is presented as an investment opportunity. The listing highlights its central location near Middlesbrough train station, Teesside University, and Middlesbrough College, making it attractive for students and young professionals seeking rental accommodation. The property itself appears modern and well-maintained, based on the provided images. The communal facilities, including a cinema room and games area, might be a selling point for tenants. However, the absence of key data, such as the square footage of the apartment and more specific details about rental income streams, leaves some gaps in a thorough evaluation. The listing’s emphasis on high yield also raises questions regarding the underlying management fees associated with such investment properties, which would need to be taken into account to determine its overall profitability. The proximity to various amenities and educational institutions positively impacts the rental potential, but the lack of specific information about the apartment’s size and lease agreement prevents an accurate assessment of its value for money. The surrounding area’s reputation is a mixed bag and also needs to be considered. Therefore, potential buyers should conduct thorough due diligence, including viewing the property in person, before making a purchase decision. The lack of details on lease information and apartment square footage heavily impact this evaluation.
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
- 6
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- 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
- 487,124.00 £Increased by 94.35 %
- Average area rental value
- 1,220.00 £/moIncreased by 6.46 %
- Est rental Yield
- 3.01 %Decreased by 45.17 %
- Crime Rate
- 22.00 %Unchanged by 0.00 %
Agent Activity
XSELL PROPERTY LTD created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Outwood Academy Riverside | Free Schools | 0.46 KM | |
| Middlesbrough College | Further Education | Good | 0.54 KM |
| Teesside University | Higher Education Institutions | Outstanding | 0.59 KM |
| Abingdon Primary School | Foundation School | Good | 0.64 KM |
| Abingdon Children'S Centre | Children's Centre | 0.68 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Oak Street | £ 0 | 0 | 0.00 KM |
| Hazel Court | £ 0 | 0 | 0.00 KM |
| Albert Road | £ 0 | 0 | 0.00 KM |
| Bright Street | £ 223,333 | 0 | 0.00 KM |
| Bolckow Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Middlesbrough | 7929 | MBR | 0.50 KM |
| James Cook University Hospital | 9507 | JCH | 3.68 KM |
| Marton | 7947 | MTO | 5.07 KM |
| South Bank | 7953 | SBK | 6.10 KM |
| Billingham | 7910 | BIL | 6.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Corporation Road, Middlesbrough, North Yorkshire, TS1 | £ 27,500 | BUY | 6 / 10 | 0.00 KM |
| Corporation Road, Middlesbrough, North Yorkshire, TS1 | £ 35,000 | BUY | 6 / 10 | 0.00 KM |
| Flat , Rede House, - Corporation Road, Middlesbrough | £ 27,000 | BUY | 5 / 10 | 0.00 KM |
| 63-75 Corporation Road, Middlesbrough, TS1 | £ 28,000 | BUY | Unknown | 0.00 KM |
| Corporation Road, 6-15 Rede House | £ 35,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Hazel Court | £ 65,000 | 0.30 KM |
| 29 Montrose Street | £ 70,000 | 0.32 KM |
| 20 Montrose Street | £ 70,000 | 0.32 KM |
| 28 Montrose Street | £ 67,000 | 0.32 KM |
| 2 Montrose Street | £ 110,000 | 0.32 KM |