3 Bed Terraced House, Single Let, Middlesbrough, TS1 4NL, £105,000

37 Ayresome Street, Middlesbrough, TS1 4NL - 3 views - 2 years ago

BTL
~80 m²
+4 photos

ValuationOvervalued

Sold Prices£25K - £127.5K
Sold Prices/m²£316/m² - £1.7K/m²

 

 

Square Metres

~79.60 m²
Price/m²£1.3K/m²

Value Estimate

£59,958

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£260 - £1,235

Rent Estimate

£289

Running Costs/mo

£406

Cashflow/mo

£-117

Cashflow/yr

£-1,403

Gross Yield

3%

Local Sold Prices

50 sold prices from £25K to £127.5K, average is £70K. £316/m² to £1.7K/m², average is £756/m².

PriceDateDistanceAddressBeds 
£95K08/230.01 mi19, Ayresome Street, Middlesbrough TS1 4NL3
£75K06/210.01 mi49, Ayresome Street, Middlesbrough TS1 4NL3
£70K08/210.08 mi51, Worcester Street, Middlesbrough TS1 4NS3
£60K07/210.08 mi75, Worcester Street, Middlesbrough TS1 4NS3
£80K02/210.09 mi77, Ayresome Street, Middlesbrough TS1 4NR3
£81K07/230.11 mi17, Caxton Street, Middlesbrough TS5 6AH3
£82K01/230.11 mi8, Caxton Street, Middlesbrough TS5 6AH3
£88K12/200.11 mi28, Ayresome Park Road, Middlesbrough TS5 6AR3
£58K11/200.11 mi59, Warwick Street, Middlesbrough TS1 4PA3
£45K09/230.12 mi69, Crescent Road, Middlesbrough TS1 4QP3
£58K02/210.13 mi47, Clive Road, Middlesbrough TS5 6BH3
£77.5K11/200.13 mi33, The Turnstile, Middlesbrough TS5 6BY3
£28K11/200.14 mi48, Aire Street, Middlesbrough TS1 4PG3
£40K04/210.14 mi58, Aire Street, Middlesbrough TS1 4PG3
£97K09/210.18 mi78, Ayresome Park Road, Middlesbrough TS5 6AS3
£84K01/210.18 mi66, Ayresome Park Road, Middlesbrough TS5 6AS3
£52.5K05/210.19 mi42, Costa Street, Middlesbrough TS1 4PH3
£54.5K11/200.19 mi39, Parliament Road, Middlesbrough TS1 4JP3
£64K05/210.2 mi66, Harford Street, Middlesbrough TS1 4PP3
£53K04/210.21 mi10, Harford Street, Middlesbrough TS1 4PR3
£39.9K03/230.21 mi26, Harford Street, Middlesbrough TS1 4PR3
£75K02/230.22 mi76, Gresham Road, Middlesbrough TS1 4LN3
£65K02/230.22 mi112, Crescent Road, Middlesbrough TS1 4QS3
£86K11/200.24 mi36, Addison Road, Middlesbrough TS5 6BB3
£68K04/230.24 mi38, Essex Street, Middlesbrough TS1 4PS3
£70K06/210.25 mi96, Gresham Road, Middlesbrough TS1 4LW3
£35.3K07/210.25 mi18, Romney Street, Middlesbrough TS1 4NE3
£72K12/220.26 mi16, Stowe Street, Middlesbrough TS1 4ND3
£73K12/220.26 mi23, Romney Street, Middlesbrough TS1 4NE3
£58.4K01/210.26 mi78, Surrey Street, Middlesbrough TS1 4QB3
£62K02/230.26 mi41, Surrey Street, Middlesbrough TS1 4QD3
£65K03/230.26 mi1, Surrey Street, Middlesbrough TS1 4QD3
£25K04/210.26 mi30, Surrey Street, Middlesbrough TS1 4QD3
£56K08/210.27 mi153, Ayresome Street, Middlesbrough TS1 4PX3
£90K05/230.27 mi4, Albert Terrace, Middlesbrough TS1 3PB3
£97K03/210.28 mi83, Clough Close, Middlesbrough TS5 5ET3
£118K12/230.28 mi99, Clough Close, Middlesbrough TS5 5ET3
£117K11/230.28 mi93, Maddren Way, Middlesbrough TS5 5BD3
£50K12/220.28 mi116, Gresham Road, Middlesbrough TS1 4LP3
£62K12/200.29 mi70, Kildare Street, Middlesbrough TS1 4QY3
£85K04/230.29 mi130a, Crescent Road, Middlesbrough TS1 4QT3
£52K12/200.3 mi3, Faraday Street, Middlesbrough TS1 4EQ3
£47K06/210.3 mi86, Clifton Street, Middlesbrough TS1 4BX3
£107K10/210.3 mi94, St Barnabas Road, Middlesbrough TS5 6BA3
£73K11/220.31 mi39, Clifton Street, Middlesbrough TS1 4BY3
£127.5K12/230.31 mi10, Lewis Road, Middlesbrough TS5 6EW3
£97K12/200.31 mi20, Lewis Road, Middlesbrough TS5 6EW3
£105K11/200.31 mi21, Lewis Road, Middlesbrough TS5 6EW3
£121.5K09/230.31 mi12, Lewis Road, Middlesbrough TS5 6EW3
£63.5K07/230.31 mi4, Ross Street, Middlesbrough TS1 4EJ3

Local Rents

50 rents from £260/mo to £1.2K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£67504/250.15 mi-3
£85003/250.2 mi-3
£65010/240.2 miHarford Street, Middlesbrough3
£95004/250.2 mi-3
£75010/240.21 mi2 Harford Street, Middlesbrough, North Yorkshire, TS13
£85010/240.22 mi-3
£78010/240.22 mi-3
£78010/240.22 miGresham Road, Middlesbrough, TS13
£26010/240.24 miGresham Road, Middlesbrough3
£82510/240.25 miClough Close, Middlesbrough3
£52510/240.25 miStowe Street, Middlesbrough, TS13
£52510/240.25 miStowe Street, Middlesbrough, TS13
£52510/240.25 miStowe Street, Middlesbrough, TS13
£79502/240.26 mi-3
£1,20010/240.27 miAlbert Terrace, Middlesbrough3
£95001/250.27 mi-3
£52510/240.28 miFalkland Street, Middlesbrough, TS1 4JH3
£69503/250.29 mi-3
£69502/250.3 mi-3
£45510/240.3 miGresham Road, Middlesbrough3
£95010/240.32 miPercy Street, Middlesbrough, TS13
£70003/250.32 mi-3
£1,23512/240.34 mi-3
£45010/240.34 miAlbany Street, Middlesbrough, TS1 4DB3
£72510/240.34 miLongford Street, Middlesbrough3
£39010/240.35 mi62, Outram Street, Middlesbrough, TS13
£79501/250.35 mi-3
£47710/240.36 miPortman Street, Middlesbrough, North Yorkshire, TS13
£47710/240.36 miPortman Street, Middlesbrough, North Yorkshire, TS13
£47710/240.36 miPortman Street, Middlesbrough, North Yorkshire, TS13
£75004/250.37 mi-3
£75004/250.37 mi-3
£75001/250.38 mi-3
£75004/250.39 mi-3
£88010/240.45 mi-3
£74510/240.45 mi-3
£65010/240.45 miPeel Street, Middlesbrough, TS1 4DG3
£77510/240.45 miPeel street, Middlesbrough, TS13
£30310/240.46 mi-3
£30310/240.46 mi-3
£29910/240.46 miPelham Street, Middlesbrough, TS13
£70010/240.47 miNesham Road, Middlesbrough, North Yorkshire, TS13
£57502/240.51 mi-3
£39010/240.52 miApsley Street, Middlesbrough3
£85010/240.53 mi-3
£60011/240.53 mi-3
£74502/250.54 mi-3
£39010/240.54 miAubrey Street, Middlesbrough3
£70003/250.55 mi-3
£70004/250.55 mi-3

Local Area Statistics

Population in TS1

16,984

Population in Middlesbrough

189,245

Town centre distance

2.31 miles away

Nearest school

0.10 miles away

Nearest train station

1.01 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £105,000

July 11, 2023

Sold for £77,500

2005

Floor Plans

Description

  • Can Be Sold With Sitting Tenant +
  • Town Centre Location +
  • EPC Rating D +
  • uPVC Double Glazing +
  • Close To Teesside University +
  • Ideal First Time Purchase +

Reeds Rains Middlesbrough are delighted to introduce this Three Bedroom Terraced Property to the market which has the option to be sold with a sitting tenant. The property is well suited to a range of buyers whether that be a first time buyer or buy to let investor.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

MID220554/2

Agent Details

Reeds Rains, Middlesbrough

01642 056928

Next Steps?

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