3 Bed Semi-Detached House, Single Let, Middlesbrough, TS5 5QG, £200,000

Cherryfield Drive, Linthorpe, Middlesbrough, TS5 5QG - a year ago

Sold STC
BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£75K - £250K
Sold Prices/m²£777/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£118,825

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£575 - £1,050

Rent Estimate

£720

Running Costs/mo

£789

Cashflow/mo

£-69

Cashflow/yr

£-828

Gross Yield

4%

Local Sold Prices

51 sold prices from £75K to £250K, average is £130K. £777/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£155K10/230.04 mi77, Cherryfield Drive, Linthorpe, Middlesbrough TS5 5QG3
£163K11/230.04 mi46, Cherryfield Drive, Linthorpe, Middlesbrough TS5 5QG3
£230K10/230.11 mi40, Linden Grove, Middlesbrough TS5 5NE3
£186K10/230.11 mi10, Linden Grove, Middlesbrough TS5 5NE3
£80K03/210.12 mi15, Ventnor Road, Middlesbrough TS5 6DX3
£92K07/210.12 mi23, Ventnor Road, Middlesbrough TS5 6DX3
£160K05/230.12 mi23, Ventnor Road, Middlesbrough TS5 6DX3
£110K01/240.12 mi1, Ventnor Road, Middlesbrough TS5 6DX3
£159K11/210.13 mi9, Linden Grove, Middlesbrough TS5 5NF3
£130K02/230.15 mi44, Ventnor Road, Middlesbrough TS5 6DU3
£165K05/210.15 mi18, Oxford Road, Middlesbrough TS5 5DT3
£135K12/230.16 mi34, Lambeth Road, Middlesbrough TS5 6EB3
£114K12/200.18 mi45, Lambeth Road, Middlesbrough TS5 6ED3
£122K01/210.19 mi24, Rockliffe Road, Middlesbrough TS5 5DN3
£140K10/210.19 mi20, Queens Road, Middlesbrough TS5 6EE3
£119K11/230.19 mi21, Rockliffe Road, Middlesbrough TS5 5DL3
£185K01/230.21 mi32, Claude Avenue, Middlesbrough TS5 5PT3
£220K08/230.21 mi10, Harrow Road, Middlesbrough TS5 5PD3
£80K02/230.21 mi21, Queens Road, Middlesbrough TS5 6EF3
£143.5K02/230.23 mi3, Lancaster Road, Middlesbrough TS5 6PF3
£135K01/210.23 mi22, Devonshire Road, Middlesbrough TS5 6DP3
£127K09/230.23 mi52, Devonshire Road, Middlesbrough TS5 6DP3
£127K01/210.24 mi16, Lancaster Road, Middlesbrough TS5 6PF3
£117.5K02/210.24 mi3, Lancaster Road, Middlesbrough TS5 6PF3
£130K10/230.24 mi20, Lancaster Road, Middlesbrough TS5 6PF3
£110K09/230.25 mi15, Devonshire Road, Middlesbrough TS5 6DJ3
£128K04/210.25 mi25, Devonshire Road, Middlesbrough TS5 6DL3
£138.5K08/230.25 mi31, Devonshire Road, Middlesbrough TS5 6DL3
£134K03/210.25 mi37, Devonshire Road, Middlesbrough TS5 6DL3
£140K01/230.26 mi49, Devonshire Road, Middlesbrough TS5 6DN3
£102K04/230.27 mi16, Gorman Road, Middlesbrough TS5 6ES3
£125K06/210.27 mi32, Patey Court, Linthorpe, Middlesbrough TS5 5DJ3
£142.5K08/230.27 mi34, Patey Court, Linthorpe, Middlesbrough TS5 5DJ3
£142.5K08/230.27 mi34, Patey Court, Linthorpe, Middlesbrough TS5 5DJ3
£125K12/220.27 mi14, Chelmsford Road, Middlesbrough TS5 6PH3
£143.5K09/210.28 mi5, Emerson Avenue, Middlesbrough TS5 7QW3
£112.5K05/210.28 mi1, Chelmsford Road, Middlesbrough TS5 6PH3
£200K04/230.28 mi31, Emerson Avenue, Middlesbrough TS5 7QW3
£130K02/210.28 mi97, Rockliffe Road, Middlesbrough TS5 5DF3
£122.5K06/230.28 mi93, Tavistock Road, Middlesbrough TS5 6ER3
£250K05/230.3 mi6, Emerson Avenue, Middlesbrough TS5 7QT3
£122K06/210.31 mi35, Rochester Road, Middlesbrough TS5 6QG3
£125K09/210.31 mi23, Rochester Road, Middlesbrough TS5 6QG3
£75K04/210.32 mi69, Lancaster Road, Middlesbrough TS5 6PG3
£99K11/200.32 mi61, Lancaster Road, Middlesbrough TS5 6PG3
£128K11/210.32 mi52, Lancaster Road, Middlesbrough TS5 6PG3
£125K07/230.32 mi44, Lancaster Road, Middlesbrough TS5 6PG3
£130K12/230.32 mi39, Lancaster Road, Middlesbrough TS5 6PG3
£135K10/230.32 mi29, Lancaster Road, Middlesbrough TS5 6PG3
£94K01/240.32 mi25a, Chipchase Road, Middlesbrough TS5 6DD3
£100K11/210.32 mi30, Kings Road, Middlesbrough TS5 5AL3

Local Rents

17 rents from £575/mo to £1.1K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£76509/240.07 mi-3
£74502/250.17 mi-3
£1,05003/250.23 mi-3
£88010/240.23 mi-3
£57502/240.27 mi-3
£75003/250.27 mi-3
£75003/250.27 mi-3
£80002/240.32 mi-3
£85010/240.34 mi-3
£85010/240.41 mi-3
£69502/250.42 mi-3
£85003/250.43 mi-3
£74503/250.48 mi-3
£85003/250.5 mi-3
£80010/240.57 mi-3
£80004/250.62 mi-3
£95003/250.62 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.15 miles away

Nearest school

0.20 miles away

Nearest train station

1.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £200,000

December 4, 2024

Listed for £209,950

March 18, 2024

Floor Plans

Description

  • Constructed by Taylor Wimpey +
  • Spacious property set over three floors +
  • Three double Bedrooms +
  • En-Suite shower rooms to two bedrooms +
  • Large lounge with Juliet Style Balcony +
  • Kitchen/Diner with Modern Units +
  • Double glazing +
  • Gas central heating system +
  • Established rear garden +
  • Double parking and Integrated garage +

The perfect modern Home located in the Heart of Linthorpe. Constructed circa 2011 by Taylor Wimpey to their ever popular Chadwick 2 design. With accommodation set over three floors and offering sqft of Living space making it Ideal for the family purchaser. The property is beautifully appointed and has been upgraded by the current occupiers and offers, Spacious Entrance Hall, stunning kitchen with a range of Integrated appliances. A noteable feature of the kitchen is the size which allows space for a dining table making this the hub of the home where the family can meet and entertain. Feature French doors open to the stunning garden. The first floor offers a spacious Lounge with a Juliet style balcony. The Family bathroom and a bedroom complete the first floor. To the second floor are Two double Bedrooms, both of which have En -Suite shower Rooms and the benefit of wardrobes fitted by "Hammonds". In addition there is double glazing together with a gas central heating system. Established rear garden which is stocked with mature trees which provides maximum privacy. Single Integral garage.
An early internal Inspection is essential for the size and quality of this property to be appreciated. EPC RATING IS C. COUNCIL TAX BAND IS D. TENURE IS FREEHOLD.

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 most cases.

MID240127/2

Agent Details

Reeds Rains, Middlesbrough

01642 056928

Next Steps?

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