Post Office Cottage and Commercial Premises, Middleton, YO18 8NX
PE

Post Office Cottage and Commercial Premises, Middleton, YO18 8NX

By Peter Illingworth

£ 347,500

Reviews

2 out of 5 stars

Peter Illingworth says ..

Situated in the heart of the village of Middleton can be found this spacious three bedroom, gas fired centrally heated Post Office Cottage, with the adjoining commercial premises comprising  Post Office and Tea Parlour. The commercial element would lend itself to convert for residential use subje...

Property Oracle says ..

Post Office Cottage and Commercial Premises in Middleton, North Yorkshire presents a unique opportunity to purchase a combined residential and commercial property. The three-bedroom house is attached to a functioning Post Office and Tea Room, offering significant income potential. The house itself, based on the photographs, requires some cosmetic updating. The decor, particularly the wallpaper, appears dated and might need replacing to suit the modern taste. However, the layout suggests a comfortable family home, and a buyer could easily update the decor to improve the overall aesthetic.

The tea room, shown in detail in multiple photographs, seems reasonably well-maintained and equipped. The kitchen area shows modern appliances, which is a positive sign for potential buyers. The size and layout of the tea room suggest a welcoming environment. The small garden offers an outdoor area but is relatively compact. The lack of substantial surrounding land is a notable consideration for prospective buyers.

In terms of location, the village of Middleton benefits from relative peace and quiet while being near the amenities and schools in nearby Pickering. This makes it attractive to buyers seeking a balance of rural life and accessibility to services. However, the absence of immediately accessible transportation in Middleton itself is a factor to consider. The list price of £347,500, considering the combination of a residential dwelling and a running business, seems competitive, especially given a lack of readily available comparable data regarding the combination, which means a full assessment of value would require a professional valuation considering the current market conditions.

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
7
Condition
5
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
1,841.71

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
175,200.00 £
Increased by 8.17 %
from 161,970.00 £
Est sale value
370,183.71 £
Increased by 25.63 %
from 294,673.60 £
Average area rental value
1,110.00 £/mo
Increased by 1.00 %
from 1,099.00 £/mo
Est letting value
1,841.71 £/mo
Unchanged by 0.00 %
from 1,841.71 £/mo
Est rental Yield
7.60 %
Decreased by 6.63 %
from 8.14 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • Peter Illingworth created the listing.

Nearby Schools

NameTypeOfstedDistance
St Joseph'S Catholic Primary School - A Catholic Voluntary AcademyAcademy Converter1.68 KM
Lady Lumley'S SchoolAcademy Sponsor Led1.89 KM
Pickering Community Junior SchoolCommunity SchoolGood1.96 KM
Pickering Community Infant SchoolCommunity SchoolGood3.22 KM
Sinnington Community Primary SchoolAcademy Converter7.24 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Northway £ 397,50000.00 KM
Manor Drive £ 248,25000.00 KM
Standfield Drive £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Post Office Cottage and Commercial Premises, Middleton, YO18 8NX £ 347,500BUY5 / 100.00 KM
Main Street, Middleton £ 192,500BUY6 / 100.03 KM
Main Street, Middleton, Pickering £ 495,000BUY7 / 100.03 KM
Main Street, Middleton £ 365,000BUY4 / 100.09 KM
Delfim, Back Lane South, Pickering, YO188NU £ 495,000BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
Whalebone Cottage £ 375,0000.09 KM
Manor Farm £ 305,0000.09 KM
Warren Lodge £ 535,0000.13 KM
Burwood £ 350,0000.13 KM
White Lodge £ 410,0000.13 KM