4 Bed Detached House, Planning Permission, Middlesbrough, TS5 8UQ, £270,000

Curthwaite, Middlesbrough, TS5 8UQ - 1 views - a year ago

Sold STC
Planning
~129 m²
+13 photos

ValuationOvervalued

Sold Prices£109K - £485K
Sold Prices/m²£901/m² - £4.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.1K/m²

Value Estimate

£254,018

 

 

End Value (After Refurb)

£244,085

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Refurb Costs

£51,004

Bridging Loan Interest

£7,088

Total Cash In

£137,642

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£244,085

Mortgage (After Refinance)

£183,064

Mortgage LTV

75%

Cash Left In

£137,642

Equity

£61,021

Rent Range

£625 - £1,500

Rent Estimate

£822

Running Costs/mo

£947

Cashflow/mo

£-125

Cashflow/yr

£-1,502

Gross Yield

4%

Local Sold Prices

43 sold prices from £109K to £485K, average is £246K. £901/m² to £4.2K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£175K08/230.13 mi31, Mersehead Sands, Middlesbrough TS5 8UN4
£226K11/210.13 mi6, Denton Close, Middlesbrough TS5 8RL4
£280K09/220.16 mi17, Luce Sands, Middlesbrough TS5 8UL4
£280K08/220.21 mi18, Dornoch Sands, Middlesbrough TS5 8UW4
£185.5K09/210.23 mi2, Benridge Close, Middlesbrough TS5 8RJ4
£145K02/230.46 mi71, Earlsdon Avenue, Middlesbrough TS5 8ST4
£360K08/230.54 mi69, Yearby Close, Acklam, Middlesbrough TS5 8LY4
£260K08/210.57 mi47, Earlsdon Avenue, Middlesbrough TS5 8JR4
£225K03/230.57 mi50, Earlsdon Avenue, Middlesbrough TS5 8JR4
£182K06/230.62 mi8, Walworth Grove, Middlesbrough TS5 8NN4
£240K02/230.68 mi7, Honister Grove, Middlesbrough TS5 8PW4
£265K03/210.68 mi452, Acklam Road, Middlesbrough TS5 8BB4
£255K05/210.71 mi484, Acklam Road, Middlesbrough TS5 8BD4
£307K12/210.72 mi345, Acklam Road, Middlesbrough TS5 7HA4
£190K12/200.73 mi12, Keswick Grove, Middlesbrough TS5 8PN4
£485K03/230.75 mi431, Acklam Road, Middlesbrough TS5 7HB4
£299.5K09/210.75 mi445, Acklam Road, Middlesbrough TS5 7HB4
£450K05/240.75 mi433, Acklam Road, Middlesbrough TS5 7HB4
£335K11/230.75 mi443, Acklam Road, Middlesbrough TS5 7HB4
£294K03/230.77 mi2, Bewley Grove, Middlesbrough TS5 7EW4
£295K05/210.78 mi554, Acklam Road, Middlesbrough TS5 8BE4
£265.5K02/210.82 mi53, Bramble Close, Stainton, Middlesbrough TS8 9FE4
£390K09/230.82 mi18, Adcott Road, Middlesbrough TS5 7ES4
£175K08/210.84 mi79, Wolsingham Drive, Thornaby, Stockton-on-tees TS17 9EQ4
£220K11/210.85 mi24, Skiplam Close, Hemlington, Middlesbrough TS8 9RG4
£186.9K03/230.85 mi12, Skiplam Close, Hemlington, Middlesbrough TS8 9RG4
£150K11/220.85 mi9, Skiplam Close, Hemlington, Middlesbrough TS8 9RG4
£227.5K07/210.85 mi93, Ruskin Avenue, Middlesbrough TS5 8PG4
£320K08/210.86 mi11, High Rifts, Stainton, Middlesbrough TS8 9BE4
£315K07/220.87 mi78, Low Lane, Middlesbrough TS5 8EB4
£173K05/210.88 mi31, Spaunton Close, Hemlington, Middlesbrough TS8 9RE4
£325K04/240.89 mi23, High Rifts, Stainton, Middlesbrough TS8 9BG4
£385K01/210.9 mi5, Greenacres, Stainton, Middlesbrough TS8 9BN4
£223.5K03/230.9 mi23, Mandale Road, Middlesbrough TS5 8AD4
£203.6K05/230.9 mi24, Chalford Oaks, Middlesbrough TS5 8QG4
£310K02/230.91 mi14, Pennyman Way, Stainton, Middlesbrough TS8 9BL4
£205K03/210.92 mi8, Lockton Close, Hemlington, Middlesbrough TS8 9RH4
£109K02/210.93 mi114, Eltham Crescent, Thornaby, Stockton-on-tees TS17 9RG4
£119K05/230.94 mi214, Stirling Way, Thornaby, Stockton-on-tees TS17 9NQ4
£246K04/210.94 mi2, Chapel Garth, Stainton, Middlesbrough TS8 9BH4
£195K06/210.94 mi12, Holey Close, Hemlington, Middlesbrough TS8 9RD4
£320K10/210.98 mi8, Whinstone Drive, Stainton, Middlesbrough TS8 9AT4
£178K08/211 mi10, Ullswater Avenue, Middlesbrough TS5 7DR4

Local Rents

43 rents from £625/mo to £1.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£84010/240.23 mi-3
£1,50010/240.3 miFurrow Grange, Middlesbrough, North Yorkshire, TS55
£85003/250.36 mi-3
£75010/240.6 mi-3
£79507/230.61 mi-3
£85010/240.64 miTrimdon Avenue, Middlesbrough3
£85012/240.66 mi-3
£80002/240.66 mi-3
£69502/250.77 mi-3
£74502/250.81 mi-3
£75001/250.83 mi-3
£63609/240.84 mi-3
£95005/240.84 mi-3
£79510/240.86 mi-3
£75002/240.87 mi-3
£95004/250.91 mi-3
£95010/240.91 miStrait Lane, Stainton3
£95004/250.92 mi-3
£89504/240.96 mi-3
£89504/240.97 mi-3
£90010/240.98 miConiston Grove, Middlesbrough3
£1,07508/230.99 mi-4
£1,15003/250.99 mi-4
£78010/241 mi71 Mitchell Avenue, Thornaby, TS17 9DH3
£80009/231.01 mi-3
£79503/241.01 mi-3
£90010/241.07 miEnnerdale Avenue, Middlesbrough, North Yorkshire, TS53
£65003/241.07 mi-4
£69510/241.08 mi-3
£85008/241.09 mi-3
£85009/241.09 mi-3
£85003/251.09 mi-3
£90004/251.11 mi-3
£62507/231.11 mi-3
£69510/241.14 mi-3
£62509/241.14 mi-3
£79510/241.16 miDales Park Road, Hemlington3
£79510/241.17 miRichmond Place, Thornaby3
£75010/241.17 miRichmond Place, Thornaby3
£85003/251.22 mi-3
£85003/251.22 mi-3
£85001/251.23 mi-3
£85010/241.23 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

3.23 miles away

Nearest school

0.20 miles away

Nearest train station

2.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £270,000

June 15, 2024

Floor Plans

Description

  • Four Double Bedrooms +
  • Large Plot +
  • Detached +
  • Conservatory +
  • Local Amenities +
  • 2 Single Garages +
  • 2 Bathrooms And WC +
  • Stunning Views +

The Property
Discover a spacious 4 bedroom home located in the desirable area of Acklam in Middlesbrough. This property sits on a large corner plot with extensive gardens and enjoys stunning views out onto an open field. It’s a perfect family home for all generations.

This home features four generously sized double bedrooms, where the master bedroom has a separate study/walk-in-wardrobe space leading into an en-suite bathroom. There is ample space for family living/guests and potential for each room to be personalised to suit your individual needs.

The conservatory serves as an additional living space, filled with natural light and is ideal for relaxation or entertaining guests with views of the south facing garden.

The property boasts a large garden perfect for outdoor activities, hosting gatherings or for gardening enthusiasts. And there are also two single garages at the back of the property.

The home offers multiple spacious living areas, including a large living room that provides comfort and versatility.

The kitchen is equipped with modern appliances and ample storage, as well as a breakfast bar, making it a functional and inviting space for cooking and dining.

The extensive plot size provides space and flexibility for potential extensions, outbuildings, or other development projects and customisation, subject to necessary planning permissions.

Curthwaite is set in a sought-after area known for its friendly community and excellent amenities.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Teesside

020 3889 9090

Next Steps?

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