Warwick Street, Middlesbrough, TS1 4NX

Property Overview

Chain-free freehold three-bedroom mid-terrace house on Warwick Street, Middlesbrough. The property offers two reception rooms and is ready for some updating. Features include gas central heating and UPVC double-glazed windows.

Accommodation

• Living Room: 3.20m x 3.20m
• Dining Room: 3.50m x 3.20m
• Kitchen: 4.80m x 1.80m
• Bathroom: 1.90m x 1.90m
• Bedroom: 4.40m x 3.20m
• Bedroom: 3.40m x 2.60m
• Bedroom: 2.80m x 1.90m

Location

The property is within walking distance of Middlesbrough Town Centre.

Tenure & Key Information

• Tenure: Freehold
• EPC: D
• Council Tax: Band A
• Heating: Gas central heating
• Occupancy status: Not supplied
• Parking: Not supplied
• Services: The seller advises mains gas, electricity, water and sewerage. The vendor does not know whether the water or sewerage is connected.
• Internal condition and refurbishment scope: Not supplied; the property is described as needing some updating.

Auction & Buyer Charges

• Guide Price: £45,000+
• Auction Date: 30 September 2026
• Buyer premium: Not supplied
• Auction Administration Fee: The stated fee is £2,000 plus VAT, totalling £2,400. However, the Option 2 terms section refers to a £2,400 plus VAT administration fee. This must be clarified before bidding.

Investment Analysis

HB estimate: Five completed freehold terraced sales on Warwick Street range from £52,500 to £82,000, averaging £65,900. This supports an indicative market value/GDV of approximately £65,900, subject to the property's condition, specification and exact position.

HB estimate: The maximum bid is £45,000 pending confirmation of condition and the administration-fee terms. At £45,000, the purchase price plus the stated £2,400 administration fee would be £47,400 before any other acquisition costs or works.

No HB refurbishment estimate, rental estimate or gross yield estimate is available. These figures are not formal valuations.

Sold Comparables

HM Land Registry sold data supplied for terraced freehold properties on Warwick Street:

Rental Evidence

No advertised rental evidence or auctioneer estimated rent has been supplied. Asking or estimated rent should not be treated as achieved or passing rent. No rental yield can therefore be calculated.

Strategy & Risks

• HB estimate: Treat £45,000 as the maximum hammer bid pending confirmation of the property's condition and the administration-fee terms.
• No occupancy status, internal inspection, condition detail or refurbishment information has been supplied.
• No rental comparables or auctioneer rent estimate have been supplied.
• The administration-fee wording is inconsistent: £2,400 total versus £2,400 plus VAT.
• Comparable sales vary materially from £52,500 to £82,000, and their condition and specification are unknown.
• Buyers should verify services, including whether water and sewerage are connected, and undertake all appropriate legal, structural and financial due diligence before bidding.