Progression Property says ..

Property Oracle says ..

This three-bedroom terraced house in Middlesbrough is listed at £60,000. The property requires renovation, as evidenced by the images showing exposed floorboards, unfinished walls, and a generally incomplete state of repair. While the location offers proximity to schools like St Alphonsus’ Catholic Primary School (0.29km) and North Ormesby Primary Academy (0.65km), both rated as ‘Good’ or ‘Outstanding’, and transportation links, the overall condition significantly impacts its value. Comparable properties in the area range from £39,800 to £75,000, suggesting a potential price discrepancy. The lack of plot size information prevents a comprehensive land assessment. The average house price in the area is £74,435, and the average price per sqft is £99. However, without the sqft of this property, a precise price-per-sqft comparison is not possible. Given the needed renovations, the asking price may be slightly high compared to similar properties requiring less work. Further investigation into the property’s square footage and plot size would provide a more accurate assessment.

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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