6 Bed HMO, Middlesbrough, TS5 4BT, £180,000
Newport Road, Middlesbrough, North Yorkshire, TS5 4BT - 59 views - 7 months ago
Sold STC
HMO
ROI: 18%
~186 m²





+8 photos
ValuationUndervalued
Sold Prices | £58K - £407.5K |
Sold Prices/m² | £286/m² - £1.8K/m² |
| |
Square Metres | ~186 m² |
Price/m² | £968/m² |
Value Estimate | £226,118 |
BMV | 16% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £45,000 |
Stamp Duty & Legal Fees | £7,050 |
Total Cash In | £52,050 |
| |
Cash Out | |
Room Rate | £433 |
Gross Rent | £2,598 |
Running Costs/mo | £1,720 |
Cashflow/mo | £878 |
Cashflow/yr | £10,532 |
ROI | 20% |
Gross Yield | 17% |
Local Sold Prices
6 sold prices from £58K to £407.5K, average is £276.3K. £286/m² to £1.8K/m², average is £1K/m².
Local Area Statistics
Population in TS5 | 39,387 |
Population in Middlesbrough | 189,245 |
Town centre distance | 2.93 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.15 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +10% |
Sales demand | Balanced market |
Capital growth (5yrs) | +11% |
Property History
Price changed to £180,000
January 16, 2025
Listed for £195,000
August 27, 2024
Description
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