3 Bed Terraced House, Single Let, Middlesbrough, TS3 6PQ, £71,500

71,500 THORNTON STREET, NORTH ORMESBY, MIDDLESBROUGH, TS3 6PQ - 3 years ago

BTL
ROI: 14%
~82 m²

ValuationOvervalued

Sold Prices£32.5K - £175K
Sold Prices/m²£417/m² - £1.9K/m²

 

 

Square Metres

~81.66 m²
Price/m²£876/m²

Value Estimate

£60,273

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,875

Stamp Duty & Legal Fees

£4,775

Total Cash In

£22,650

 

 

Cash Out

 

Rent Range

£420 - £1,100

Rent Estimate

£645

Running Costs/mo

£372

Cashflow/mo

£273

Cashflow/yr

£3,271

ROI

14%

Gross Yield

11%

Local Sold Prices

50 sold prices from £32.5K to £175K, average is £82.5K. £417/m² to £1.9K/m², average is £738/m².

PriceDateDistanceAddressBeds 
£37K10/200.02 mi62, Thornton Street, Middlesbrough TS3 6PH3
£52K03/230.05 mi10, Norcliffe Street, Middlesbrough TS3 6PS3
£48.5K08/210.06 mi12, Tunstall Street, Middlesbrough TS3 6PE3
£52K12/220.07 mi9, Ryedale Street, Middlesbrough TS3 6PF3
£35K10/200.08 mi45, Norcliffe Street, Middlesbrough TS3 6PN3
£46K10/210.09 mi25, Edward Street, North Ormesby, Middlesbrough TS3 6JJ3
£54K05/230.09 mi32, Edward Street, North Ormesby, Middlesbrough TS3 6JJ3
£48.5K05/230.11 mi47, Jubilee Street, Middlesbrough TS3 6QJ3
£32.5K11/200.11 mi43, Coltman Street, Middlesbrough TS3 6JA3
£55K01/230.17 mi119, Kings Road, North Ormesby, Middlesbrough TS3 6EY3
£52.5K03/210.18 mi119, Kings Road, North Ormesby, Middlesbrough TS3 6EY3
£63K02/210.18 mi123, Kings Road, North Ormesby, Middlesbrough TS3 6EY3
£65K05/210.18 mi78, Kings Road, North Ormesby, Middlesbrough TS3 6EU3
£175K06/230.22 mi26, Millfield Road, Middlesbrough TS3 6ES3
£126K05/230.23 mi23, Oakfield Road, Middlesbrough TS3 6EL3
£110K04/230.29 mi19, Kildale Court, North Ormesby, Middlesbrough TS3 6LS3
£126K12/220.3 mi12, Lavender Road, Middlesbrough TS3 7AE3
£105K10/200.31 mi33, Ormesby Road, Middlesbrough TS3 7AH3
£83K01/230.32 mi8, Bordesley Green, Middlesbrough TS3 8HP3
£51K08/210.37 mi34, Alphonsus Street, Middlesbrough TS3 6DZ3
£88K12/200.42 mi56, Ingram Road, Middlesbrough TS3 7AZ3
£61K04/230.42 mi2, Cottingham Drive, Middlesbrough TS3 8LB3
£92K04/210.45 mi63, Lytton Street, Middlesbrough TS4 2DD3
£95K01/230.45 mi61, Merlin Road, Middlesbrough TS3 8EB3
£120K02/230.46 mi123, Saltwells Road, Middlesbrough TS4 2DT3
£82K12/230.46 mi137, Saltwells Road, Middlesbrough TS4 2DT3
£89K03/230.46 mi83, Saltwells Road, Middlesbrough TS4 2DT3
£71K05/210.46 mi64, Saltwells Road, Middlesbrough TS4 2DZ3
£78K09/210.47 mi29, Bradhope Road, Middlesbrough TS3 7BB3
£105K03/230.47 mi38, Falcon Road, Middlesbrough TS3 8EE3
£90K01/230.47 mi21, Falcon Road, Middlesbrough TS3 8EE3
£93K10/210.48 mi23, Saltwells Crescent, Middlesbrough TS4 2DX3
£56.3K05/210.48 mi18, Kestrel Avenue, Middlesbrough TS3 8EG3
£62K11/220.48 mi14, Kestrel Avenue, Middlesbrough TS3 8EG3
£95K01/230.48 mi26, Saltwells Road, Middlesbrough TS4 2EA3
£62K03/210.49 mi24, Saltwells Road, Middlesbrough TS4 2EA3
£101K11/200.49 mi16, Saltwater Court, Middlesbrough TS4 2AQ3
£60K01/210.5 mi10, Cranmore Road, Middlesbrough TS3 8JF3
£77.5K02/210.53 mi41, Wellesley Road, Middlesbrough TS4 2DQ3
£85K01/240.53 mi68, Wellesley Road, Middlesbrough TS4 2DQ3
£87.5K05/240.53 mi59, Wellesley Road, Middlesbrough TS4 2DQ3
£125K05/230.53 mi36, Hutton Road, Middlesbrough TS4 2LE3
£72K09/210.54 mi29, Cotswold Avenue, Middlesbrough TS3 8JN3
£138K01/230.54 mi34, Bridgewater Court, Middlesbrough TS4 2GE3
£130K10/230.54 mi11, Bridgewater Court, Middlesbrough TS4 2GE3
£167K05/220.55 mi38, Simon Hunter Way, Middlesbrough TS4 2GX3
£82K05/210.55 mi2, Penhill Close, Middlesbrough TS3 7RA3
£95K03/210.56 mi55, Bradhope Road, Middlesbrough TS3 7BE3
£115K09/220.57 mi11, Bilsdale Road, Middlesbrough TS4 2LQ3
£148K11/230.57 mi1, Bilsdale Road, Middlesbrough TS4 2LQ3

Local Rents

37 rents from £420/mo to £1.1K/mo, average is £745/mo.

RentDateDistanceAddressBeds 
£79504/250.06 mi-3
£65010/240.06 mi-3
£52503/250.08 mi-3
£79510/240.08 mi-3
£89511/240.1 mi-3
£80011/240.11 mi-3
£80011/240.11 mi-3
£65012/230.11 mi-3
£67012/230.11 mi-3
£70011/240.11 mi-3
£69503/250.11 mi-3
£79510/240.11 miBeaumont Road, Middlesbrough, TS33
£79510/240.11 mi-3
£69503/250.11 mi-3
£69510/240.11 miJubilee Street, Middlesbrough, TS33
£69510/240.11 mi-3
£69502/250.11 mi-3
£79503/250.11 mi-3
£69510/240.12 miPilkington Street, Middlesbrough, North Yorkshire, TS3 6JN3
£74510/240.12 mi-3
£99510/240.12 mi-3
£80003/250.12 mi-3
£79501/250.13 mi-3
£79501/250.13 mi-3
£79510/240.18 mi-3
£70004/250.2 mi-3
£42010/240.25 mi-3
£85003/250.3 mi-3
£69503/250.38 mi-3
£75012/240.42 mi-3
£65002/240.47 mi-3
£1,10003/250.47 mi-3
£67510/240.52 miCottingham Drive, Middlesbrough3
£95012/240.56 mi-3
£85010/240.57 miSimon Hunter Way, Middlesbrough, North Yorkshire, TS43
£65011/240.6 mi-3
£69509/240.6 mi-3

Local Area Statistics

Population in TS3

28,890

Population in Middlesbrough

189,245

Town centre distance

1.46 miles away

Nearest school

0.10 miles away

Nearest train station

1.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+34%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Price changed to £71,500

January 31, 2025

Listed for £66,000

December 20, 2021

Floor Plans

Description

  • Ready Made Buy to Let Terraced Investment Property with Three Bedrooms +
  • Can Come Complete with a Long Term Trusted Existing Tenant +
  • UPVC Double Glazed Windows & Exterior Doors +
  • Central Heating with a Baxi Combi Boiler +
  • Retiled Main Roof +
  • 24ft Through Lounge/Diner +
  • Kitchen with Light Oak Style Units +
  • First Floor Bathroom +

This 'Ready Made' buy-to-let three bedroom inner terrace rental property can come complete with a trusted, long term existing tenant who would very much like to stay.

It has UPVC double glazed windows and exterior doors, central heating with a Baxi combi boiler and a retiled main roof.

Briefly, the accommodation comprises entrance lobby, 24ft through lounge/dining room and kitchen. The first floor has three bedrooms, bathroom, and there's a yard outside at the rear.

Tenure - Freehold

Council Tax Band A

Agent Details

Michael Poole, Middlesbrough

01642 049224

Next Steps?

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