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

312D37 Ayresome Street, Middlesbrough, TS1 4NL - 2 years ago

BTL
82 m²
+6 photos

ValuationOvervalued

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

 

 

Square Metres

82 m²
Price/m²£1.3K/m²

Value Estimate

£61,370

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£32,700

 

 

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
£68K04/230.24 mi38, Essex Street, Middlesbrough TS1 4PS3
£86K11/200.24 mi36, Addison Road, Middlesbrough TS5 6BB3
£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
£56K08/210.26 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
£63.5K07/230.31 mi4, Ross Street, Middlesbrough TS1 4EJ3
£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

Local Rents

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

RentDateDistanceAddressBeds 
£67504/250.15 mi-3
£65010/240.2 miHarford Street, Middlesbrough3
£85003/250.2 mi-3
£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
£69503/250.28 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

August 11, 2023

Description

  • ATTENTION FIRST TIME BUYERS +
  • THREE BEDROOMS +
  • TERRACED PROPERTY +
  • CLOSE PROXIMITY TO TEESSIDE UNIVERISTY +
  • CLOSE TO MAJOR BUS LINKS +
  • ATTENTION INVESTORS +
  • FANTASTIC LOCATION +
  • CURRENT TENANTS PAYING £700 PCM +
  • AVAILABLE TO VIEW +

WOW! 8% YIELD WITH TENANTS PAYING RENT OF £700. WOULD YOU LIKE TO MAKE 8% ON YOUR MONEY?

Hallway - Entering through a UPVC double glazed door you will find this bright airy hallway which compromises of modern grey flooring, freshly painted white walls. This room gains access to the spacious reception, dining room & first floor.

Reception Room - The reception room is spacious and compromises a large UPVC double glazed bay window, radiator and downward light fixture. This room is accessed from the hallway and would comfortably a three piece suite with smaller storage units.

Dining Room - The dining room is set to the rear of the property and compromises a large UPVC window and radiator whilst providing the perfect amount of space for a dining room table.

Kitchen - This modern kitchen is at its peak, it provides sufficient work surfaces as well as multiple coral wall & base units! The room is designed to be minimal and it does just that! with a stainless steel sink with mixer taps, space for a cooker, fridge freezer along with a large UPVC double glazed window to the side aspect. This room is low maintenance with its flooring, modern brick wall tiles and wipe-able units providing the perfect amount of space to cook up that family meal.

Landing - The landing is split on two levels and gains access to the three bedrooms, family bathroom and loft space and compromises grey flooring and painted walls.

Bedroom One - Bedroom one is a large double with a UPVC double glazed bay window looking over the front garden. This room compromises a large radiator and can fit a double bed along with larger storage units at ease.

Bedroom Two - Bedroom Two is a large double Situated to the rear of the property with a large UPVC double glazed window, modern grey carpet and radiator. This room is large and will be able to fit storage units whilst still being able to maneuver around with ease.

Bedroom Three - The third bedroom is set to the rear of the property and accommodates the space for a single bed and smaller storage units. This room benefits from a large UPVC double glazed window to the rear aspect, new grey carpet, freshly painted walls and radiator.

Family Bathroom - This stylish family bathroom has been recently renovated and consists of a three piece suite which includes paneled bath with over head thermostat shower, hand basin and toilet. The room is bright from the frosted UPVC double glazed window to the side aspect and benefits from modern wall cladding, lino flooring and radiator.

External - Low maintenance gardens featuring patio from garden and secure rear yard

Agent Details

PH Estate Agents, Middlesbrough

01642 056292

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪