Barnard Marcus says ..

Property Oracle says ..

The property located on Chapel Street in Middlesbrough is a two-bedroom end of terrace house listed at £45,000. The average property price in the area is significantly higher at £117,583, and the average price per square foot is £140. However, without the square footage of this property, a direct price per square foot comparison cannot be made.

The property shows significant signs of needing renovation. Walls are largely stripped, flooring is incomplete, and the bathroom and kitchen fixtures appear outdated and in need of replacement. This suggests a considerable amount of work is required to bring the property up to a habitable standard. The external appearance shows a property in need of some cosmetic work. The small yard space is visible in the photos and appears to be a basic yard space.

The location, while not explicitly detailed, is within reasonable proximity to several schools and train stations. However, the quality of the schools and the convenience of the train stations’ locations relative to the property’s location require further investigation. More information is needed to accurately assess the location score.

Given the property’s condition, the list price of £45,000 might appear low compared to area averages. However, the extensive renovation needed must be factored in. A potential buyer would need to consider the costs associated with bringing the property up to a modern standard before determining if the asking price represents good value.

Based on the images provided, the property appears to be in need of extensive renovation. The property does have a small yard.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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