3 Bed Semi-Detached House, Single Let, Middlesbrough, TS5 8AP, £240,000

Lexden Avenue, Middlesbrough, TS5 8AP - 3 views - 10 months ago

BTL
~154 m²
+18 photos

ValuationUndervalued

Sold Prices£75K - £230K
Sold Prices/m²£1K/m² - £2.2K/m²

 

 

Square Metres

~154 m²
Price/m²£1.6K/m²

Value Estimate

£262,394
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£750 - £950

Rent Estimate

£684

Running Costs/mo

£907

Cashflow/mo

£-223

Cashflow/yr

£-2,674

Gross Yield

3%

Local Sold Prices

53 sold prices from £75K to £230K, average is £140K. £1K/m² to £2.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£199.9K08/230.06 mi27, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£199.9K08/230.06 mi27, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£190K02/230.06 mi17, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£196.5K02/230.06 mi113, Mandale Road, Middlesbrough TS5 8AN3
£156.5K04/240.08 mi60, Mandale Road, Middlesbrough TS5 8AS3
£110K03/230.08 mi78, Levick Crescent, Middlesbrough TS5 4RA3
£147K08/220.08 mi36, Stoneleigh Avenue, Middlesbrough TS5 8AT3
£100K05/210.1 mi11, Corby Avenue, Middlesbrough TS5 4RD3
£130K08/230.1 mi9, Corby Avenue, Middlesbrough TS5 4RD3
£161K02/210.11 mi44, Chalford Oaks, Middlesbrough TS5 8QG3
£120K08/210.12 mi5, Endsleigh Drive, Middlesbrough TS5 4RG3
£110K01/230.12 mi19, Endsleigh Drive, Middlesbrough TS5 4RG3
£120K05/210.13 mi93, Chalford Oaks, Middlesbrough TS5 8QQ3
£165K03/240.14 mi63, Mandale Road, Middlesbrough TS5 8AE3
£80K11/200.15 mi4, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QA3
£143.5K05/230.15 mi44, Preen Drive, Middlesbrough TS5 8AJ3
£148K06/230.16 mi13, Asterley Drive, Middlesbrough TS5 8QD3
£82K02/210.16 mi29, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QB3
£115K02/230.17 mi16, Downside Road, Middlesbrough TS5 4QS3
£155K11/200.17 mi32, Asterley Drive, Middlesbrough TS5 8QE3
£170K08/230.17 mi39, Asterley Drive, Middlesbrough TS5 8QE3
£170K08/230.17 mi39, Asterley Drive, Middlesbrough TS5 8QE3
£112K06/230.17 mi8, Stoneyhurst Avenue, Middlesbrough TS5 4RE3
£93K08/230.17 mi43, Stoneyhurst Avenue, Middlesbrough TS5 4RE3
£140K09/230.18 mi27, Downside Road, Middlesbrough TS5 4QT3
£75K04/210.18 mi52, Pannell Avenue, Middlesbrough TS5 4PY3
£95K10/230.19 mi3, Pannell Avenue, Middlesbrough TS5 4PX3
£101.5K07/230.19 mi20, Downside Road, Middlesbrough TS5 4QS3
£93.5K07/210.2 mi53, Endsleigh Drive, Middlesbrough TS5 4RQ3
£230K08/230.21 mi42, Heythrop Drive, Middlesbrough TS5 8QB3
£230K08/230.21 mi42, Heythrop Drive, Middlesbrough TS5 8QB3
£97K12/230.22 mi8, Price Avenue, Middlesbrough TS5 4PU3
£135K07/230.23 mi21, Priory Road, Middlesbrough TS5 4RF3
£92K12/230.23 mi7, Priory Road, Middlesbrough TS5 4RF3
£140K01/210.23 mi9, Croft Avenue, Middlesbrough TS5 8AH3
£182.5K03/230.24 mi5, Hadnall Close, Middlesbrough TS5 8QP3
£92K12/200.25 mi33, Collinson Avenue, Middlesbrough TS5 4QH3
£135K01/210.25 mi14, Minsterley Drive, Middlesbrough TS5 8QR3
£167K08/210.25 mi34, Minsterley Drive, Middlesbrough TS5 8QR3
£110K11/210.26 mi40, Ashford Avenue, Middlesbrough TS5 4QW3
£160K06/230.26 mi21, Minsterley Drive, Middlesbrough TS5 8QU3
£194K12/210.28 mi157, Acklam Road, Middlesbrough TS5 5QH3
£170K11/200.28 mi57, Ruskin Avenue, Middlesbrough TS5 8PG3
£130K11/200.29 mi25, Farley Drive, Middlesbrough TS5 8QT3
£200K06/230.29 mi4, Mandale Road, Middlesbrough TS5 8AB3
£180K10/220.33 mi14, Appleton Road, Middlesbrough TS5 5HX3
£190K12/200.35 mi2, Rushleigh Avenue, Middlesbrough TS5 8PF3
£150K08/230.36 mi6, Marion Avenue, Middlesbrough TS5 5JG3
£117.5K12/200.36 mi26, Balfour Terrace, Middlesbrough TS5 5HY3
£174K01/210.37 mi4, Marlsford Grove, Middlesbrough TS5 8PH3
£120K12/200.37 mi49, Appleton Road, Middlesbrough TS5 5JF3
£80K06/210.37 mi44, Greenland Avenue, Middlesbrough TS5 4JW3
£95K04/230.37 mi61, Greenland Avenue, Middlesbrough TS5 4JW3

Local Rents

17 rents from £750/mo to £950/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85008/240.1 mi-3
£85009/240.1 mi-3
£85003/250.1 mi-3
£95004/250.1 mi-3
£75002/240.15 mi-3
£89504/240.18 mi-3
£95005/240.22 mi-3
£85010/240.35 mi-3
£85010/240.35 miMiddlesbrough, Middlesbrough, TS53
£85004/250.39 mi-3
£90004/250.42 mi-3
£90010/240.45 miEnnerdale Avenue, Middlesbrough, North Yorkshire, TS53
£95004/250.48 mi-3
£90010/240.5 miConiston Grove, Middlesbrough3
£85001/250.55 mi-3
£85010/240.56 miTrimdon Avenue, Middlesbrough3
£95003/250.6 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

3.01 miles away

Nearest school

0.30 miles away

Nearest train station

1.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £240,000

June 18, 2024

Sold for £165,000

2007

Sold for £57,500

1995

Floor Plans

Description

  • Extended, Three Bed, Semi Detached, Family Home in Acklam... Close to Great Local Schooling +
  • Cleverly Converted Loft Room with Fixed Staircase Creates a Versatile Space +
  • Open Plan Kitchen/Breakfast/Sitting Room with Patio Doors Opening Onto Beautiful Garden Space +
  • Single Garage & Driveway Provides Secure, Off Street Parking & Storage +
  • uPVC Double-glazing Throughout and Gas Central Heating with Combi Boiler +

Wow, Do We Have the Perfect Home for You! This Stunning Property Offers Incredible Space Both Inside and Out. With a Stylish Open-Plan Sitting, Breakfast, and Kitchen Area, Plus an Adjoining Utility Room, It's Ideal for Growing Families. The Cleverly Converted Loft Adds Extra Versatility, and the Huge Rear Garden Complete with a Bar is an Entertainer's Dream. Don't Miss Out on this Family-Friendly Gem!

Agent Details

G.R. Estates, Stockton-on-Tees

01642 378022

Next Steps?

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