3 Bed Semi-Detached House, Single Let, Middlesbrough, TS5 5HZ, £170,000

21 Balfour Terrace, Linthorpe, Middlesbrough, TS5 5HZ - 10 months ago

Sold STC
BTL
ROI: 3%
100 m²
+24 photos

ValuationOvervalued

Sold Prices£75K - £295K
Sold Prices/m²£914/m² - £1.9K/m²

 

 

Square Metres

100 m²
Price/m²£1.7K/m²

Value Estimate

£135,782

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£750 - £1,050

Rent Estimate

£825

Running Costs/mo

£716

Cashflow/mo

£109

Cashflow/yr

£1,305

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £75K to £295K, average is £125.7K. £914/m² to £1.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£117.5K12/200.02 mi26, Balfour Terrace, Middlesbrough TS5 5HY3
£122.5K04/210.06 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£110K01/210.06 mi12, Castleton Avenue, Middlesbrough TS5 5JA3
£125K04/210.06 mi14, Castleton Avenue, Middlesbrough TS5 5JA3
£152K09/230.06 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£180K10/220.08 mi14, Appleton Road, Middlesbrough TS5 5HX3
£120K12/200.13 mi49, Appleton Road, Middlesbrough TS5 5JF3
£171K02/230.13 mi16, Fairfield Avenue, Middlesbrough TS5 5HB3
£150K08/230.14 mi6, Marion Avenue, Middlesbrough TS5 5JG3
£194K12/210.14 mi157, Acklam Road, Middlesbrough TS5 5QH3
£97K12/230.15 mi8, Price Avenue, Middlesbrough TS5 4PU3
£147.5K12/200.17 mi16, Williams Avenue, Middlesbrough TS5 5EH3
£95K10/230.17 mi3, Pannell Avenue, Middlesbrough TS5 4PX3
£75K04/210.19 mi52, Pannell Avenue, Middlesbrough TS5 4PY3
£295K06/230.2 mi56, Cambridge Road, Linthorpe, Middlesbrough TS5 5HG3
£218K09/230.2 mi3, Jesmond Avenue, Middlesbrough TS5 5JY3
£145K02/210.21 mi176, Oxford Road, Middlesbrough TS5 5EJ3
£92K12/200.21 mi33, Collinson Avenue, Middlesbrough TS5 4QH3
£110.1K06/210.22 mi207, Oxford Road, Middlesbrough TS5 5EG3
£126.3K11/210.22 mi191, Oxford Road, Middlesbrough TS5 5EG3
£110K11/200.22 mi203, Oxford Road, Middlesbrough TS5 5EG3
£140K04/240.22 mi177, Oxford Road, Middlesbrough TS5 5EG3
£82K02/210.22 mi29, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QB3
£140K01/210.23 mi9, Croft Avenue, Middlesbrough TS5 8AH3
£85K12/200.23 mi41, Acklam Road, Middlesbrough TS5 5HD3
£111K01/230.23 mi29, Acklam Road, Middlesbrough TS5 5HD3
£80K11/200.24 mi4, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QA3
£162K10/210.25 mi23, Broadgate Road, Middlesbrough TS5 5LP3
£195K07/230.25 mi7, Broadgate Road, Middlesbrough TS5 5LP3
£117.5K03/230.25 mi106, Hambledon Road, Middlesbrough TS5 5EF3
£108K01/210.25 mi120, Hambledon Road, Middlesbrough TS5 5EF3
£190K02/240.25 mi56, Barker Road, Middlesbrough TS5 5ES3
£170K01/230.27 mi27, Barker Road, Middlesbrough TS5 5EW3
£168K01/240.27 mi21, Barker Road, Middlesbrough TS5 5EW3
£110K02/230.27 mi57, Barker Road, Middlesbrough TS5 5EW3
£80K06/210.27 mi44, Greenland Avenue, Middlesbrough TS5 4JW3
£95K04/230.27 mi61, Greenland Avenue, Middlesbrough TS5 4JW3
£93.5K07/210.29 mi53, Endsleigh Drive, Middlesbrough TS5 4RQ3
£140K01/240.29 mi2, Hatfield Avenue, Middlesbrough TS5 7AU3
£163K09/230.29 mi23, Hatfield Avenue, Middlesbrough TS5 7AX3
£88K04/210.29 mi53, Westbourne Road, Middlesbrough TS5 5BH3
£152K02/230.3 mi21, Britain Avenue, Middlesbrough TS5 7AT3
£150K07/210.3 mi7, Britain Avenue, Middlesbrough TS5 7AT3
£155K04/210.3 mi5, Britain Avenue, Middlesbrough TS5 7AT3
£205K02/230.3 mi6, Thornfield Grove, Middlesbrough TS5 5LF3
£110K01/230.3 mi19, Endsleigh Drive, Middlesbrough TS5 4RG3
£120K08/210.31 mi5, Endsleigh Drive, Middlesbrough TS5 4RG3
£190K02/230.31 mi17, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£92K05/210.31 mi24, Greenland Avenue, Middlesbrough TS5 4JJ3
£143.5K05/230.32 mi44, Preen Drive, Middlesbrough TS5 8AJ3

Local Rents

22 rents from £750/mo to £1.1K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£85010/240.01 mi-3
£85010/240.01 miMiddlesbrough, Middlesbrough, TS53
£90004/250.11 mi-3
£85004/250.13 mi-3
£95003/250.26 mi-3
£85008/240.35 mi-3
£85009/240.35 mi-3
£85003/250.35 mi-3
£89504/240.35 mi-3
£1,01510/240.36 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.37 miAcklam Gardens, Middlesbrough, TS53
£99510/240.4 miAcklam Gardens, Middlesbrough, TS53
£90010/240.41 miEnnerdale Avenue, Middlesbrough, North Yorkshire, TS53
£95004/250.44 mi-3
£1,05010/240.46 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.47 miAcklam Gardens, Middlesbrough, TS53
£95005/240.48 mi-3
£75002/240.51 mi-3
£90010/240.51 miConiston Grove, Middlesbrough3
£1,01510/240.52 miAcklam Gardens, Middlesbrough, TS53
£95004/250.54 mi-3
£1,05003/250.62 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.80 miles away

Nearest school

0.20 miles away

Nearest train station

1.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £170,000

June 25, 2024

Floor Plans

Description

  • Well-Maintained Family Home Situated In A Popular Area Of Linthorpe +
  • Spacious Through Lounge/Dining Area With Feature Electric Fire & Surround +
  • Delightful Kitchen With Plenty Of Storage & Space For A Freestanding Cooker +
  • Large Conservatory Leading Out To The Rear Garden & Side Seating Area +
  • Three Well Appointed Bedrooms, Family Bathroom & 2nd Separate W/C +
  • Modern Bathroom Featuring A White Three Piece Suite & Shower Over Bath +
  • Convenient Loft Room With Fixed Staircase, Suitable for Storage/Office Space +
  • Generous Size Rear Garden With Decked Patio Seating Area And Timber Shed +
  • Paved Driveway Providing Off-Road Parking For Multiple Cars +
  • Within Walking Distance To Local Amenities, Shops And Schools +

Welcome To Balfour Terrace, A Charming Semi-Detached House Located In The Heart Of Linthorpe, Middlesbrough. This Delightful Property Was Originally Two Reception Rooms Opened Up To One, Perfect For Entertaining Guests Or Simply Relaxing With Your Loved Ones. With Three Cosy Bedrooms, There's Plenty Of Space For The Whole Family To Unwind And Make Themselves At Home.

Step Inside And Discover A Modern Family Bathroom, Complete With An Extra Separate W/C For Added Convenience. The Low Maintenance Front Garden Sets A Welcoming Tone, While The Generous West-Facing Rear Garden Offers A Tranquil Retreat With A Lovely Patio Area For Al Fresco Dining Or Soaking Up The Sun.

One Of The Highlights Of This Property Is The Large Conservatory, Providing Additional Living Space That Can Be Enjoyed All Year Round. Imagine Sipping Your Morning Coffee In This Bright And Airy Room, Overlooking The Beautiful Garden.

For Those In Need Of Extra Space, The Loft Room With A Velux Window And Fixed Staircase Offers Endless Possibilities - Whether It's A Home Office, A Playroom For The Kids, Or A Peaceful Sanctuary Just For You.

Location: - Balfour Terrace Can Be Accessed Via Acklam Road. There Are Many Local Amenities & Road Links.

Whinney Bank Primary School - 5 Minute Walk
Green Lane Primary School - 15 Minute Walk
Acklam Grange School - 16 Minute Walk
Local Shopping Parade - 4 Minute Walk
Teesside Park - 7 Minute Walk
A19 - 2 Minute Drive

Distance Times As Suggested By Google Maps.

Entrance Hallway - 3.5m x 3.3m (11'5" x 10'9" ) - Entrance Leads To The Lounge/Dining Room, Kitchen, Understairs Storage Cupboard And Staircase To The First Floor.

Lounge - 3.7m x 4.3m (12'1" x 14'1" ) - Open Plan To Dining Area, Feature Fireplace With Electric Fire, uPVC Double Glazed Bay Window, Radiator.

Dining Area - 3.2m x 3.8m (10'5" x 12'5" ) - Open Plan To Lounge, uPVC Double Glazed Window, Radiator.

Kitchen - 6.7m x 2.5m (21'11" x 8'2" ) - Fitted With A Range Of Base, Wall & Drawer Units, Work Surfaces Incorporating A Belfast Sink Unit & Mixer Tap, Space For A Freestanding Cooker With Overhead Extractor Fan, uPVC Double Glazed Window & French Doors Leading To The Rear.

Conservatory - uPVC Construction, French Doors Leading Out To Rear Garden Another Set To The Side Seating Area.

First Floor Landing - 3.3m x 1.9m (10'9" x 6'2" ) - Access To Bedrooms, Bathroom & Staircase Leading To The Loft Room.

Bedroom One - 3.2m x 3.8m (10'5" x 12'5" ) - uPVC Double Glazed Window, Radiator.

Bedroom Two - 3m x 3.8m (9'10" x 12'5" ) - uPVC Double Glazed Bay Window, Radiator.

Bedroom Three - 2.5m x 2.5m (8'2" x 8'2" ) - uPVC Double Glazed Window, Radiator.

Separate W/C - 1.5m x 0.9m (4'11" x 2'11" ) - White W/C, Hand Wash Basin, uPVC Double Glazed Window.

Family Bathroom - 3m x 1.4m (9'10" x 4'7" ) - Fitted With A White Three Piece Suite Comprising: Bath With Shower Over & Glass Screen, Vanity Hand Wash Basin, W/C, uPVC Double Glazed Window, Radiator.

Loft Room - 4m x 3m (13'1" x 9'10") - Fixed Staircase Leading Up To The Room, Velux Window.

Energy Efficiency Rating: E - The Full Energy Efficiency Certificate Is Available On Request.

Property Information: - Tenure: Freehold
Local Authority: Middlesbrough Council
Listed Status: Not Listed
Conservation Area: No
Tree Preservation Orders: None
Tax Band: B
Services: The Property Is Offered To The Market With All Mains Services And Gas-Fired Central Heating.
Broadband Delivered To The Property: Cable
Non-Standard Construction: Believed To Be Of Standard Construction
Wayleaves, Rights Of Way & Covenants: None Which Our Clients Are Aware Of
Flooding Issues In The Last 5 Years: None
Accessibility: Two Storey Dwelling. No Accessibility Modifications
Cladding: None
Planning Issues: None Which Our Clients Are Aware Of
Coastal Erosion: None
Coal Mining In The Local Area: None

Disclaimer - Although Issued In Good Faith, These Particulars Are Not Factual Representations And Are Not A Part Of Any Offer Or Contract. Prospective Buyers Should Independently Verify The Matters Mentioned In These Particulars. There Is No Authority For Harper & Co Estate Agents Limited Or Any Of Its Employees To Make Any Representations Or Warranties About This Property.

While We Try To Be As Accurate As Possible With Our Sales Particulars, They Are Only A General Overview Of The Property. If There Is Anything In Particular That Is Important To You, Please Contact The Office And We Will Be Happy To Check The Situation For You, Especially If You Are Considering Traveling A Significant Distance To View The Property. The Measurements Provided Are Only For Guidance, Thus They Must Be Regarded As Inaccurate. Please Be Aware That Harper & Co Have Not Tested Any Of The Services, Appliances, Or Equipment In This Property; As A Result, We Advise Prospective Buyers To Commission Their Own Surveys Or Service Reports Before Submitting A Final Offer To Purchase. Money Laundering Regulations: In Order To Avoid Any Delays In Finalising The Sale, Intending Buyers Will Be Required To Provide Identification Documentation At A Later Time. Please Cooperate With Us In This Process.

Agent Details

Harper and Co Estate Agents, Teesside

01642 030494

Next Steps?

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