3 Bed Semi-Detached House, Refurb/BRRR, Stockton-on-Tees, TS19 8UL, £100,000

Marske Lane, Bishopsgarth, Stockton, Stockton-on-Tees, TS19 8UL - 9 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£57.5K - £230K
Sold Prices/m²£728/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£102,000

 

 

End Value (After Refurb)

£163,662

Uplift in Value

+64%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£36,772

Bridging Loan Interest

£2,625

Total Cash In

£70,347

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£163,662

Agent Fees (1%)

£1,637

Bridging Loan

£75,000

Bridging Loan Interest

£2,625

Flip Profit

£16,678

Local Sold Prices

50 sold prices from £57.5K to £230K, average is £132.5K. £728/m² to £2.4K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£140K08/230.04 mi9, Felton Lane, Stockton-on-tees TS19 8TR3
£165K08/230.05 mi10, Norton Drive, Stockton-on-tees TS19 8TS3
£160K01/240.07 mi24, Leam Lane, Stockton-on-tees TS19 8UJ3
£125K06/210.11 mi10, Leam Lane, Stockton-on-tees TS19 8UE3
£135K04/230.11 mi52, Whinfield Close, Stockton-on-tees TS19 8UA3
£98K11/200.16 mi3, Bothal Walk, Stockton-on-tees TS19 8UP3
£137K09/230.17 mi14, Darlington Back Lane, Stockton-on-tees TS19 8TN3
£95K06/210.18 mi239, Harrowgate Lane, Stockton-on-tees TS19 8UD3
£110K04/210.19 mi88, Fairwell Road, Stockton-on-tees TS19 7JB3
£153K03/210.19 mi84, Fairwell Road, Stockton-on-tees TS19 7JB3
£120K05/230.19 mi1, Verwood Close, Stockton-on-tees TS19 8XB3
£161K09/210.2 mi9, Sorrel Close, Stockton-on-tees TS19 0UR3
£125K07/210.2 mi68, Marske Lane, Stockton-on-tees TS19 8XD3
£115K10/210.2 mi63, Marske Lane, Stockton-on-tees TS19 8XD3
£123.5K11/200.2 mi66, Marske Lane, Stockton-on-tees TS19 8XD3
£127.5K09/210.22 mi15, Selwyn Drive, Stockton-on-tees TS19 8XF3
£135K10/230.22 mi29, Selwyn Drive, Stockton-on-tees TS19 8XF3
£110K12/200.22 mi2, Mowbray Grove, Stockton-on-tees TS19 8XA3
£155K11/200.22 mi27, Mowbray Grove, Stockton-on-tees TS19 8XA3
£100K01/240.22 mi32, Crawcrook Walk, Stockton-on-tees TS19 8PX3
£130K06/210.23 mi49, Meadowsweet Lane, Stockton-on-tees TS19 8EL3
£139K10/230.23 mi33, Meadowsweet Lane, Stockton-on-tees TS19 8EL3
£138.5K07/230.23 mi40, Meadowsweet Lane, Stockton-on-tees TS19 8EL3
£126.5K01/210.23 mi20, Meadowsweet Lane, Stockton-on-tees TS19 8EL3
£125K04/240.23 mi44, Meadowsweet Lane, Stockton-on-tees TS19 8EL3
£130K08/210.23 mi16, Meadowsweet Lane, Stockton-on-tees TS19 8EL3
£175K01/240.23 mi53, Fordwell Road, Stockton-on-tees TS19 7JU3
£175K10/230.23 mi65, Fordwell Road, Stockton-on-tees TS19 7JU3
£57.5K09/200.25 mi128, Tithe Barn Road, Stockton-on-tees TS19 8PR3
£155K05/210.26 mi24, Bishops Way, Stockton-on-tees TS19 7JS3
£156K04/210.27 mi51, Rimswell Road, Stockton-on-tees TS19 7LE3
£78.5K03/210.28 mi196, Tithe Barn Road, Stockton-on-tees TS19 8PS3
£71.8K11/230.28 mi2, Carville Court, Stockton-on-tees TS19 8QH3
£230K10/220.28 mi32, Welland Crescent, Stockton-on-tees TS19 0UT3
£160K02/210.29 mi3, Welland Crescent, Stockton-on-tees TS19 0UT3
£197K11/210.29 mi47, Welland Crescent, Stockton-on-tees TS19 0UT3
£196K09/230.29 mi41, Welland Crescent, Stockton-on-tees TS19 0UT3
£160K11/220.29 mi19, Norwood Close, Stockton-on-tees TS19 0UP3
£120K01/210.29 mi264, Darlington Lane, Stockton-on-tees TS19 8EJ3
£61K11/200.3 mi165, Tithe Barn Road, Stockton-on-tees TS19 8PY3
£61K11/200.3 mi165, Tithe Barn Road, Stockton-on-tees TS19 8PY3
£110K08/200.3 mi50, Hickling Grove, Stockton-on-tees TS19 0XA3
£150K09/230.3 mi31, Hickling Grove, Stockton-on-tees TS19 0XA3
£70K12/210.31 mi96, Tithe Barn Road, Stockton-on-tees TS19 8PP3
£61K11/200.31 mi3, Crawcrook Walk, Stockton-on-tees TS19 8PU3
£140K08/230.31 mi191, Harrowgate Lane, Stockton-on-tees TS19 8UT3
£145K10/230.31 mi3, Red Admiral Close, Stockton-on-tees TS19 8EN3
£160K07/230.31 mi11, Red Admiral Close, Stockton-on-tees TS19 8EN3
£182.5K06/230.32 mi1, Torwell Drive, Stockton-on-tees TS19 7HY3
£90K12/220.32 mi9, Cowshill Green, Stockton-on-tees TS19 8PT3

Local Rents

26 rents from £410/mo to £900/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£80012/240.15 mi-3
£90010/240.15 miHarrowgate Lane, Stockton-On-Tees, Durham, TS193
£85010/240.16 mi-3
£79510/240.2 miMarske Lane, Stockton-On-Tees, Cleveland, TS193
£89510/240.22 miFontwell Close, Stockton-On-Tees, TS193
£75010/240.28 mi-3
£41010/240.28 mi-3
£41010/240.28 mi-3
£41010/240.28 mi-3
£41010/240.28 mi-3
£65010/240.3 miTithe Barn Road, Stockton-On-Tees, Durham, TS193
£65010/240.39 miCoundon Green, Stockton-On-Tees, Durham, TS193
£75012/240.39 mi-3
£75012/240.39 mi-3
£79510/240.41 miHarewood Crescent, Stockton-On-Tees, TS19 0SZ3
£58010/240.44 mi-3
£69510/240.53 mi-3
£70001/250.53 mi-3
£69510/240.54 mi-3
£70010/240.54 mi-3
£65001/250.54 mi-3
£69510/240.56 miHigh Newham Road, Stockton-On-Tees, Durham, TS193
£69508/240.57 mi-3
£63010/240.57 mi-3
£67508/240.57 mi-3
£72510/240.58 miFleming Close, Stockton-On-Tees, Durham, TS193

Local Area Statistics

Population in TS19

37,087

Population in Stockton-on-Tees

149,709

Town centre distance

1.37 miles away

Nearest school

0.30 miles away

Nearest train station

1.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £100,000

April 30, 2024

Description

  • Three Bedroom Semi Detached Property +
  • Renovation Project +
  • Driveway and Garage +
  • Front and Rear Gardens +

Discover the potential of this charming three-bedroom semi-detached home. While in need of updating, this home offers a fantastic opportunity for those looking to add their personal touch and create their dream home. With its spacious layout and great location, this property is brimming with potential.

Marske Lane is located in the popular Bishopsgarth area of Stockton-on-Tees, known for its family-friendly atmosphere and convenient amenities. Enjoy easy access to shops, schools, parks, and transport links, making it an ideal place to call home.

The property features a spacious living/dining area, kitchen, utility space, three well proportioned bedrooms and a family bathroom. This home also benefits from gas central heating, double glazing, driveway and garage.

This property presents the perfect project for those seeking a renovation opportunity in a desirable area. For further information or to arrange a viewing, please contact the Stockton branch today.

Council Tax Band: B
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Stockton-On-Tees

01642 056281

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.