Borough Road, Middlesbrough TS1 2ES
CL

Borough Road, Middlesbrough TS1 2ES

By Clarke Munro

£ 350,000

Reviews

2 out of 5 stars

Clarke Munro says ..

Clarke Munro are delighted to present this rare to the market student HMO investment property perfectly situated on Borough Road, located opposite the University Campus and within walking distance to the town centre. This building comprises of 10 spacious double bedrooms split across three stori...

Property Oracle says ..

This property on Borough Road, Middlesbrough, is a ten-bedroom, six-bathroom HMO (House of Multiple Occupancy) listed for £350,000. Its significant advantage is its location directly opposite Teesside University, making it very attractive to students. The internal photographs show functional rooms and bathrooms, mostly in decent condition but could benefit from some refurbishment for better visual appeal. The kitchen and communal areas appear adequate for the number of occupants it can accommodate. The property lacks a garden or any significant land. The price reflects its potential as a student HMO investment due to high rental demand in the area; however, a detailed survey of the structure and potential repairs would be necessary to fully assess its value.

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
6
Location
8
Land
1
Bedrooms
10
Bathrooms
6
Sqft (est)
2,478.93

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
259,400.00 £
Increased by 9.99 %
from 235,841.00 £
Est sale value
763,510.44 £
Increased by 6.57 %
from 716,410.77 £
Average area rental value
1,196.00 £/mo
Increased by 4.55 %
from 1,144.00 £/mo
Est letting value
2,478.93 £/mo
Unchanged by 0.00 %
from 2,478.93 £/mo
Est rental Yield
5.53 %
Decreased by 4.98 %
from 5.82 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Clarke Munro created the listing.

Nearby Schools

NameTypeOfstedDistance
Teesside UniversityHigher Education InstitutionsOutstanding0.23 KM
Abingdon Children'S CentreChildren's Centre0.51 KM
Abingdon Primary SchoolFoundation SchoolGood0.53 KM
Outwood Academy RiversideFree Schools0.64 KM
Middlesbrough CollegeFurther EducationGood0.95 KM

Images

Photo 12 Photo 11 Photo 35 Photo 13 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20 Photo 21 Photo 22 Photo 23 Photo 24 Photo 25 Photo 26 Photo 27 Photo 28 Photo 29 Photo 30 Photo 34

Nearby Streets

NameAverage PriceAverage SqftDistance
Bright Street £ 223,33300.00 KM
Oak Street £ 000.00 KM
Borough Road £ 390,00000.00 KM
Park Lane £ 000.00 KM
Bolckow Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Middlesbrough7929MBR0.74 KM
James Cook University Hospital9507JCH3.53 KM
Marton7947MTO4.94 KM
South Bank7953SBK6.32 KM
Billingham7910BIL6.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Borough Road, Middlesbrough TS1 2ES £ 350,000BUY5 / 100.00 KM
Maple Street, Middlesbrough, North Yorkshire, TS1 £ 80,000BUY4 / 100.21 KM
Maple Street, Middlesbrough £ 75,000BUY4 / 100.26 KM
Palm Street, Middlesbrough £ 95,000BUY4 / 100.27 KM
Holly Street, Middlesbrough, TS1 £ 115,000BUY5 / 100.34 KM

Nearby Properties

AddressPriceDistance
122 Borough Road £ 160,0000.03 KM
138 Borough Road £ 282,5000.03 KM
21 Boswell Street £ 48,0000.05 KM
42 Boswell Street £ 59,5000.05 KM
23 Boswell Street £ 72,0000.05 KM