2 Bed Bungalow, Planning Permission, Middlesbrough, TS5 5QH, £220,000

Acklam Road, Middlesbrough, TS5 5QH - a year ago

Planning
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£49K - £350K
Sold Prices/m²£721/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£113,973

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£500 - £895

Rent Estimate

£500

Running Costs/mo

£808

Cashflow/mo

£-307

Cashflow/yr

£-3,690

Gross Yield

3%

Local Sold Prices

44 sold prices from £49K to £350K, average is £124K. £721/m² to £4.4K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£148K12/200.04 mi5, Wroxton Close, Middlesbrough TS5 7AF2
£100K12/200.08 mi2, Marion Avenue, Middlesbrough TS5 5JG2
£75K10/210.19 mi20, Fakenham Avenue, Middlesbrough TS5 4QF2
£145K01/210.24 mi4, Broadgate Gardens, Middlesbrough TS5 5LR2
£152.5K04/240.26 mi77, Green Lane, Middlesbrough TS5 7SN2
£50K03/210.34 mi20, St Francis Close, Middlesbrough TS5 4GY2
£49K04/240.34 mi23, St Francis Close, Middlesbrough TS5 4GY2
£110K09/230.34 mi27, St Francis Close, Middlesbrough TS5 4GY2
£174.5K07/230.42 mi9, Edinburgh Avenue, Middlesbrough TS5 7SA2
£120K12/200.43 mi28, Birchgate Road, Middlesbrough TS5 5NR2
£110K03/230.45 mi24, Sherbourne Walk, Middlesbrough TS5 4GF2
£82K03/210.46 mi9, Merton Road, Middlesbrough TS5 4GL2
£350K06/230.46 mi53, Cambridge Road, Linthorpe, Middlesbrough TS5 5NL2
£158.5K12/200.5 mi20, Northgate Road, Middlesbrough TS5 5NW2
£155K06/210.5 mi16, Northgate Road, Middlesbrough TS5 5NW2
£90K04/210.59 mi149, Burlam Road, Middlesbrough TS5 5AX2
£92K12/200.62 mi36, Trimdon Avenue, Middlesbrough TS5 8LS2
£88K12/230.65 mi7, Rockliffe Road, Middlesbrough TS5 5DL2
£155K01/210.67 mi22, Yearby Close, Acklam, Middlesbrough TS5 8NA2
£59K08/230.67 mi75, Roman Road, Middlesbrough TS5 5PH2
£116K07/230.67 mi81, Roman Road, Middlesbrough TS5 5PH2
£92K05/230.7 mi19, Askwith Road, Middlesbrough TS5 5AJ2
£100K09/230.7 mi5, Askwith Road, Middlesbrough TS5 5AJ2
£82.5K06/230.72 mi21, Belle Vue Road, Middlesbrough TS5 5AQ2
£132K09/230.76 mi47, Kader Avenue, Middlesbrough TS5 8NH2
£136K10/230.76 mi48, Kader Avenue, Middlesbrough TS5 8NH2
£190K04/210.84 mi4, Whingroves, Thornaby, Stockton-on-tees TS17 9AH2
£152.5K03/240.84 mi11, Rievaulx Drive, Middlesbrough TS5 7NA2
£120K05/230.85 mi10, Dorset Close, Middlesbrough TS5 6DW2
£140K03/240.88 mi11, Askern Drive, Middlesbrough TS5 7HZ2
£170K05/230.88 mi25, Seamer Close, Middlesbrough TS5 7NN2
£129.9K05/210.89 mi26, Rievaulx Drive, Middlesbrough TS5 7LY2
£160K09/230.89 mi4, Wellspring Close, Middlesbrough TS5 8RG2
£55K03/210.91 mi28, Camsell Court, Middlesbrough TS5 5BE2
£155K12/230.91 mi6, Speeton Avenue, Middlesbrough TS5 7HY2
£113.5K01/210.91 mi14, Birtley Avenue, Middlesbrough TS5 8LH2
£150K10/230.92 mi1, Belton Drive, Middlesbrough TS5 7JB2
£144K09/230.92 mi6, Belton Drive, Middlesbrough TS5 7JB2
£82K05/230.98 mi9, Haymore Street, Middlesbrough TS5 6JD2
£122K03/210.98 mi20, Westbeck Gardens, Middlesbrough TS5 6RY2
£104.7K04/210.98 mi9, Addison Road, Middlesbrough TS5 6BB2
£150K07/230.98 mi45, Addison Road, Middlesbrough TS5 6BB2
£126K11/200.98 mi26, Bentinck Avenue, Middlesbrough TS5 6RU2
£150K01/230.98 mi44, Cawood Drive, Middlesbrough TS5 7JP2

Local Rents

34 rents from £500/mo to £895/mo, average is £685/mo.

RentDateDistanceAddressBeds 
£75002/240.29 mi-2
£75001/250.32 mi-2
£72509/230.45 mi-2
£69510/240.63 miCambridge Square, Middlesbrough, Cleveland, TS52
£65010/240.63 miDorman Gardens, Middlesbrough, Cleveland, TS52
£75003/250.7 mi-2
£75006/240.73 mi-2
£52510/240.83 miTrimdon Avenue, Middlesbrough, North Yorkshire, TS52
£70010/240.92 miWellspring Close, Middlesbrough2
£70010/240.92 mi-2
£70010/240.92 miThe Avenue, Middlesbrough, TS52
£72502/250.95 mi-2
£80003/251.01 mi-2
£62510/241.01 miClough Close, Middlesbrough, North Yorkshire, TS5 5DW2
£62502/251.01 mi-2
£67503/251.04 mi-2
£70011/241.05 mi-2
£65012/241.05 mi-2
£65004/251.05 mi-2
£60011/241.07 mi-2
£65002/241.08 mi-2
£89510/241.08 mi-2
£78003/251.1 mi-2
£65010/241.11 mi-2
£50010/241.12 miBrompton Street, Middlesbrough, North Yorkshire, TS52
£75010/241.14 mi-2
£50010/241.17 miSurrey Street, Middlesbrough, TS1 4QA2
£62510/241.17 miEssex Street, Middlesbrough2
£82510/241.18 mi-2
£65012/241.18 mi-2
£65003/251.2 mi-2
£59510/241.2 miCaxton Street, Middlesbrough2
£80001/251.21 mi-2
£65007/231.24 mi-2

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.77 miles away

Nearest school

0.20 miles away

Nearest train station

1.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £220,000

January 26, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • SOUGHT AFTER TS5 LOCATION +
  • TWO DOUBLE BEDROOMS WITH STORAGE +
  • AMAZING GARDENS TO THE FRONT SIDE AND REAR +
  • BATHROOM WITH 4 PIECE MODERN SUITE +
  • COUNCIL TAX BAND C +
  • FREEHOLD +

Clarke Munro are excited to offer for sale this rarely available two bedroom detached bungalow. Sitting on a generous plot, the potential to extended (subject to planning permissions) is fantastic. Boasting driveway for mutiple cars leading to large detached garage, The front garden is a good size set back from Acklam Road, the rear is well established with fruit trees and good sized lawned areas. Internally the property is ready for someone to come and make it their own, good sized, welcoming entrance hall, lounge, seperate dining room, breakfast kitchen and two double bedrooms with storage, bathroom with four piece modern white suite. An early viewing is highly recommended to avoid disappointment.

Agent Details

Clarke Munro, Middlesbrough

01642 056909

Next Steps?

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