Yahoo News House-hunting? Here are the 10 cheapest homes up for grabs on Teesside
A Teesside postcode has been named the area with the lowest house prices where buyers can snap up properties for around £70,000.
Houses in the UK cost an average of £282,000, according to the Government’s latest house price index data. That’s a decrease of 0.6% compared to a year earlier. It means the average home costs eight times the average salary.
Teesside Live previously reported The TS1 postcode area - which covers Middlesbrough town centre - has the lowest average house price of any postcode area to have had at least 20 property sales in the last year. Homes there sold for an average of £70,560 over the last 12 months. That’s actually a 4% increase from the previous year when they sold for an average of £67,535 each. But where are the cheapest homes on Teesside right now?
Here is a list of the ten cheapest properties up for grabs in our area.
28 Coniston Road, Middlesbrough
After a two-bedroom semi-detached property at a low price? This home at 28 Coniston Road, in Middlesbrough, could be for yours. The house is up at auction with Auction House London, Hampstead on April 18, at 10am. It boasts front, side and rear gardens and has a guide price of £20,000. For more information see the listing here.
49 Rosedale Avenue, Middlesbrough
This three-bedroom home is situated at 49 Rosedale Avenue, in Middlesbrough. It has three bedrooms and according to the listing is "ideal for an investor/developer". The property will be offered for sale by auction closing on April 23 - it is marketed with Auction House, Lincolnshire. The property has a guide price of £20,000 - £25,000 and can be viewed here.
87 Coniston Road, Middlesbrough
87 Coniston Road has a guide price of £33,000 and is up at auction with Town & Country Property Auctions, Normanby. It is a terrace home with three bedrooms and the current market rental value is £650 - £675 month. Bidding opens on April 22, and ends on April 25. View the listing here.
Thornton Street, North Ormesby
This end-terrace property could make a great home for first time buyers. It boasts three bedrooms and is marketed by Reeds Rains, Middlesbrough. According to the listing, despite it needing some updating it is a "larger than average three bedroom end terraced house". It has a guide price of £35,000 and is up for sale via online auction. See the full listing here.
Myrtle Street, Middlesbrough
This home is just a stone's throw away from the Teesside University Campus and has two bedrooms. The property comprises of an entrance hall, lounge, rear dining room, kitchen, and bathroom. On the first floor there are two bedrooms and a staircase leading to the loft space. Externally there is a courtyard. It is marketed with Michael Poole and will be up at auction on Tuesday, April 30. See the full listing here.
Eglington Road, Middlesbrough
Searching for a home in Middlesbrough? The home is "located perfectly for great amenities and a range of local schools" and has three bedrooms. The property has a guide price of £40,000 and is marketed with Bridgfords, Middlesbrough. It is up at auction and can be viewed here.
Beaumont Road, Middlesbrough
A mid-terrace bay fronted house is up for auction on Beaumont Road, Middlesbrough. The home boasts three bedrooms and is marketed with PH Estate Agents, Middlesbrough. According to the listing, it has a large open plan reception room, a secure rear yard and is close to amenities. It has guide price of £50,000 and can be viewed here.
15 Peaton Street, North Ormesby
15 Peaton Street, ormesby-and-berwick-hills>North Ormesby, is a two-bedroom terrace house up for auction with Town and Country Property Auctions, Normanby. The property listing reads: "This property offers a bright and fresh interior with new carpets and flooring. A modern and new kitchen is present and is also accompanied with a very up to date bathroom with over-head shower. It comes fully double glazed with a gas central heating system. Currently Tenanted paying £450 PCM." The guide price is £50,000 and the listing can be viewed here.
Macbean Street, Middlesbrough
According to the listing, this property has an "excellent rental yield". The home has three bedrooms and a secure rear yard. It is up at auction with PH Estate Agents, Middlesbrough and has a guide price of £50,000. The listing can be viewed here.
Hovingham Street, Middlesbrough
A home on Hovingham Street is on the market and has a guide price of £50,000. It is up at auction with PH Estate Agents, Middlesbrough. The property has three bedrooms, on street parking and a secure rear yard. The listing can be viewed here.
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