2 Bed Terraced House, Single Let, Stockton-on-Tees, TS18 4DQ, £80,000

29 Kensington Road, Stockton-on-tees, Stockton-on-tees, TS18 4DQ - 4 views - 2 years ago

BTL
ROI: 6%
75 m²
+6 photos

ValuationOvervalued

Sold Prices£35K - £272.5K
Sold Prices/m²£493/m² - £1.6K/m²

 

 

Square Metres

75 m²
Price/m²£1.1K/m²

Value Estimate

£55,986

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£475 - £750

Rent Estimate

£483

Running Costs/mo

£367

Cashflow/mo

£116

Cashflow/yr

£1,397

ROI

6%

Gross Yield

7%

Local Sold Prices

53 sold prices from £35K to £272.5K, average is £60K. £493/m² to £1.6K/m², average is £746/m².

PriceDateDistanceAddressBeds 
£66.5K06/210 mi50, Kensington Road, Stockton-on-tees TS18 4DQ2
£72.5K07/210 mi52, Kensington Road, Stockton-on-tees TS18 4DQ2
£75.5K12/220 mi23, Kensington Road, Stockton-on-tees TS18 4DQ2
£55K07/230 mi2, Kensington Road, Stockton-on-tees TS18 4DQ2
£82.5K12/220.03 mi13, Kensington Road, Stockton-on-tees TS18 4DQ2
£73.5K09/200.05 mi41, Marlborough Road, Stockton-on-tees TS18 4DB2
£47K09/200.05 mi11, Marlborough Road, Stockton-on-tees TS18 4DB2
£61K01/210.05 mi55, Marlborough Road, Stockton-on-tees TS18 4DB2
£54K09/210.05 mi13, Marlborough Road, Stockton-on-tees TS18 4DB2
£63K10/210.05 mi10, Marlborough Road, Stockton-on-tees TS18 4DB2
£66.5K12/200.05 mi19, Eton Road, Stockton-on-tees TS18 4DL2
£66.5K12/200.05 mi19, Eton Road, Stockton-on-tees TS18 4DL2
£95K02/240.07 mi31, Densham Drive, Stockton-on-tees TS18 3NN2
£62K10/200.09 mi5, Windsor Road, Stockton-on-tees TS18 4DY2
£55K10/200.11 mi54, Windsor Road, Stockton-on-tees TS18 4DZ2
£82.5K05/210.11 mi71, Windsor Road, Stockton-on-tees TS18 4DZ2
£73K02/210.12 mi18, Hampton Road, Stockton-on-tees TS18 4DU2
£75K08/210.12 mi6, Hampton Road, Stockton-on-tees TS18 4DU2
£95K04/230.12 mi53, Hampton Road, Stockton-on-tees TS18 4DU2
£75K09/220.14 mi100, Hampton Road, Stockton-on-tees TS18 4DX2
£45K11/210.15 mi47, Suffolk Street, Stockton-on-tees TS18 4BA2
£58.1K10/220.15 mi22, Suffolk Street, Stockton-on-tees TS18 4BA2
£55K01/230.15 mi56, Suffolk Street, Stockton-on-tees TS18 4BA2
£45K04/230.15 mi47, Suffolk Street, Stockton-on-tees TS18 4BA2
£50K03/210.16 mi49, Norfolk Street, Stockton-on-tees TS18 4BB2
£54K09/230.16 mi28, Norfolk Street, Stockton-on-tees TS18 4BB2
£54K09/230.16 mi28, Norfolk Street, Stockton-on-tees TS18 4BB2
£84K11/220.16 mi45, Manfield Street, Stockton-on-tees TS18 1JT2
£52.5K11/210.17 mi60, Wren Street, Stockton-on-tees TS18 4BJ2
£55K05/240.18 mi33, Manfield Street, Stockton-on-tees TS18 1JT2
£62.5K10/230.19 mi6, Hope Street, Stockton-on-tees TS18 3PS2
£65K08/210.2 mi18, Egglestone Terrace, Stockton-on-tees TS18 1JR2
£60K10/200.23 mi61, Walter Street, Stockton-on-tees TS18 3PP2
£50K12/210.23 mi38, Walter Street, Stockton-on-tees TS18 3PP2
£49.5K05/230.24 mi3, Poplar Grove, Stockton-on-tees TS18 3JD2
£74K09/230.24 mi7, Poplar Grove, Stockton-on-tees TS18 3JD2
£74K09/230.24 mi7, Poplar Grove, Stockton-on-tees TS18 3JD2
£60K06/230.25 mi30, Grove Street, Stockton-on-tees TS18 3JA2
£66K10/210.25 mi37, Middleton Walk, Stockton-on-tees TS18 1JS2
£35K11/200.27 mi67, Waverley Street, Stockton-on-tees TS18 3JH2
£63K10/230.31 mi15, Whitwell Close, Stockton-on-tees TS18 3JQ2
£35K10/220.31 mi140, Arlington Street, Stockton-on-tees TS18 3LD2
£53K07/210.31 mi115, Arlington Street, Stockton-on-tees TS18 3LD2
£52K09/210.31 mi101, Arlington Street, Stockton-on-tees TS18 3LD2
£40K04/240.31 mi124, Arlington Street, Stockton-on-tees TS18 3LD2
£39K10/220.32 mi93, Tarring Street, Stockton-on-tees TS18 1HH2
£40K10/230.32 mi55, Tarring Street, Stockton-on-tees TS18 1HH2
£63.5K02/240.33 mi14, Rokeby Street, Stockton-on-tees TS18 3LE2
£40K08/230.33 mi40, Tarring Street, Stockton-on-tees TS18 1HJ2
£40K08/230.33 mi40, Tarring Street, Stockton-on-tees TS18 1HJ2
£57K03/210.34 mi42, St Cuthberts Road, Stockton-on-tees TS18 3JY2
£72K11/220.34 mi42, St Cuthberts Road, Stockton-on-tees TS18 3JY2
£272.5K10/230.34 mi48, Hartburn Lane, Stockton-on-tees TS18 4EF2

Local Rents

38 rents from £475/mo to £750/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£60510/240.04 mi-2
£50010/240.05 mi-2
£50010/240.05 miMarlborough Road, Stockton-On-Tees, TS182
£57511/240.06 mi-2
£57511/240.06 mi-2
£52511/230.06 mi-2
£75003/250.1 mi-2
£59510/240.1 miWindsor Road, Stockton-On-Tees2
£57503/250.13 mi-2
£55009/240.14 mi-2
£60010/240.16 mi50 Norfolk Street, Stockton-On-Tees, Durham, TS182
£74507/240.19 mi-2
£55010/240.2 miYarm Road, Stockton-On-Tees, TS18 3NW2
£55012/240.23 mi-2
£47510/240.26 mi-2
£56011/230.29 mi-2
£58511/240.29 mi-2
£69912/240.31 mi-2
£55010/240.31 miArlington StreetStockton-On-TeesTS18 3LD 2
£47510/240.32 miWinston Street, Stockton-On-Tees, TS18 3LF2
£49510/240.36 mi-2
£52510/240.37 miSt. Bernard Road, Stockton-On-Tees2
£49010/240.39 mi-2
£48710/240.4 mi-2
£47911/240.41 mi-2
£47911/240.41 mi-2
£47911/240.41 mi-2
£57510/240.47 miDovecot Street, Stockton-On-Tees, Durham, TS182
£60010/240.5 mi-2
£60011/240.5 mi-2
£60011/240.5 mi-2
£50010/240.51 miWitton Park, Stockton-On-Tees, Durham, TS182
£55010/240.53 miBrusselton Court, Stockton-On-Tees, TS18 3AN2
£57510/240.53 miBrusselton Court, Stockton-On-Tees, TS18 3AN2
£52510/240.53 miBrusselton Court, Stockton-On-Tees, TS18 3AN2
£55010/240.53 miBrusselton Court, Stockton-On-Tees, TS18 3AN2
£60002/250.6 mi-2
£57510/240.61 miHowden Walk, Stockton-On-Tees, Durham, TS182

Local Area Statistics

Population in TS18

24,161

Population in Stockton-on-Tees

149,709

Town centre distance

0.86 miles away

Nearest school

0.10 miles away

Nearest train station

0.76 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £80,000

July 10, 2023

Sold for £38,000

2002

Floor Plans

Description

  • ATTENTION INVESTORS! +

  • TWO DOUBLE BEDROOMS +

  • FITTED BATHROOM SUITE +

  • YARD TO REAR +

  • SELLING WITH TENANT IN SITU! +

SUMMARY
SELLING WITH TENANT IN SITU! Perfect opportunity for investors! Rarely viewings are advised to not miss out! Call us today on .

DESCRIPTION
TWO BEDROOM mid terraced property situated in Stockton. This property benefits from entrance hallway, lounge/diner, kitchen and family bathroom to ground floor. First floor comprises of two double bedrooms. External to the property there is a yard.

Perfect opportunity for investors! Rarely viewings are advised to not miss out! Call us today on .

Entrance Hallway 
Entered via composite door to front elevation and radiator.

Lounge 12' 4" x 10' 7" ( 3.76m x 3.23m )
Bay window to front elevation, radiator and TV point.

Dining Room 11' 9" x 10' 8" maximum ( 3.58m x 3.25m maximum )
Window to rear elevation and radiator.

Kitchen 16' 1" x 6' 8" ( 4.90m x 2.03m )
Fitted with a range of units, sink and drainer unit and window to side elevation.

Ground Floor Bathroom 
Suite comprising low level WC, sink and bath with overhead shower.

Landing 

Bedroom One 10' 10" x 10' 2" ( 3.30m x 3.10m )
Window to front elevation, built in cupboards and radiator.

Bedroom Two 12' 5" x 8' 5" maximum ( 3.78m x 2.57m maximum )
Window to rear elevation and radiator.

Externally 
Courtyard to rear of the property.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Manners & Harrison, Stockton On Tees

01642 056891

Next Steps?

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