Parker Stag Ltd says ..

Property Oracle says ..

This three-bedroom semi-detached house in Ormesby, Middlesbrough is currently listed for £80,000. The property is undergoing redecoration and has new carpets fitted throughout. The listing highlights its suitability for first-time buyers or as a buy-to-let investment, citing a potential rental yield of £600-£625 per month. The property boasts both front and rear gardens. Nearby amenities include several primary schools with good Ofsted ratings and train stations within a reasonable distance. While the property is undergoing renovation, the images reveal that the quality of finish in some areas may not be to the highest standard. The kitchen, in particular, seems to require further work. Further, the absence of detailed information regarding the square footage of the property and land makes a comprehensive assessment of value challenging. The absence of bathrooms in the property details section is unexpected and requires further investigation as the photos include images of a bathroom and separate toilet. Overall, the property presents a reasonable opportunity in a convenient location, but potential buyers should carefully assess the completion of renovations and the overall quality of workmanship before committing to a purchase. The listing price appears comparable to similar properties in the area, but without precise square footage data, a definitive conclusion regarding value for money is difficult to make.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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