Faygate Court, Middlesbrough, TS8 9LG
JO

Faygate Court, Middlesbrough, TS8 9LG

By JOSEPH HARRIS ESTATE AGENTS LTD

£ 80,000

Reviews

3 out of 5 stars

JOSEPH HARRIS ESTATE AGENTS LTD says ..

New to the property market? Looking for a hassle free investment opportunity? Look no further! This charming property currently tenanted, offers a fantastic opportunity for investors seeking a steady income with minimal effort. With tenants already in place, you can start earning right away.

Property Oracle says ..

This three-bedroom terraced house in Hemlington, Middlesbrough, is currently listed for £80,000. It’s marketed as an investment opportunity due to its existing tenancy. The property appears reasonably well-maintained from the exterior, boasting a sizeable garden, a positive feature for families or investors. Internally, the photographs show a need for some modernisation and updating. The decor is dated and a few small areas of repair are apparent. The rooms appear of average size, and whilst the property is described as refurbished in some other local listings, the condition of the property in the images is average, at best. The location in Hemlington offers access to local schools and transportation, although Middlesbrough itself may not be the most sought-after location by everyone. The lack of square footage data makes an absolute comparison with other properties difficult, but the price seems generally in line with local market expectations for the type of property. Overall, this property presents a viable opportunity for investors but requires an evaluation of potential renovation costs to ascertain its true value in the long term and it may also be a suitable starter home for a first time buyer.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
7
Bedrooms
3
Bathrooms
1

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
267,288.00 £
Decreased by 7.63 %
from 289,369.00 £
Average area rental value
980.00 £/mo
Decreased by 14.93 %
from 1,152.00 £/mo
Est rental Yield
4.40 %
Decreased by 7.95 %
from 4.78 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • JOSEPH HARRIS ESTATE AGENTS LTD created the listing.

Nearby Schools

NameTypeOfstedDistance
Hemlington Children'S CentreChildren's Centre0.87 KM
Hemlington Hall AcademyAcademy Sponsor LedGood0.92 KM
Viewley Hill AcademyAcademy ConverterGood0.95 KM
St Gerard'S Rc Primary SchoolAcademy ConverterGood1.27 KM
Sunnyside AcademyAcademy ConverterRequires improvement2.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Coatham Close £ 000.00 KM
Parnaby Way £ 255,00000.00 KM
The Oaks £ 55,00000.00 KM
Vernon Close £ 75,00000.00 KM
Aviemore Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
James Cook University Hospital9507JCH5.38 KM
Marton7947MTO5.81 KM
Middlesbrough7929MBR6.70 KM
Gypsy Lane7930GYP7.38 KM
Thornaby7976TBY7.65 KM

Nearby Listings

AddressPriceTypeScoreDistance
Faygate Court, Middlesbrough, TS8 9LG £ 80,000BUY6 / 100.00 KM
Farthingale Way, Hemlington, Middlesbrough, North Yorkshire, TS8 £ 140,000BUYUnknown0.15 KM
Dallas Court , Hemlington, Middlesbrough £ 60,000BUY4 / 100.25 KM
Ellis Gardens, Hemlington £ 90,000BUY4 / 100.42 KM
Fonteyn Court, Hemlington, Middlesbrough, TS8 £ 85,000BUY5 / 100.42 KM

Nearby Properties

AddressPriceDistance
18 Faygate Court £ 97,0000.00 KM
32 Faygate Court £ 89,9990.00 KM
84 Faygate Court £ 68,0000.00 KM
103 Folkestone Close £ 66,5000.12 KM
95 Folkestone Close £ 58,0000.12 KM