8 Bed HMO, Middlesbrough, TS1 2JH, £315,000





ValuationOvervalued
Sold Prices | £66.5K - £185K |
Sold Prices/m² | £612/m² - £1.7K/m² |
| |
Square Metres | ~207.10 m² |
Price/m² | £1.5K/m² |
Value Estimate | £211,061 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £78,750 |
Stamp Duty & Legal Fees | £13,500 |
Total Cash In | £92,250 |
| |
Cash Out | |
Room Rate | £399 |
Gross Rent | £3,192 |
Running Costs/mo | £2,485 |
Cashflow/mo | £707 |
Cashflow/yr | £8,483 |
ROI | 9% |
Gross Yield | 12% |
Local Sold Prices
21 sold prices from £66.5K to £185K, average is £122K. £612/m² to £1.7K/m², average is £1K/m².
Local Area Statistics
Population in TS1 | 16,984 |
Population in Middlesbrough | 189,245 |
Town centre distance | 2.32 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.42 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +8% |
Sales demand | Seller's market |
Capital growth (5yrs) | +32% |
Property History
Price changed to £315,000
January 23, 2025
Price changed to £310,000
December 31, 2024
Price changed to £300,000
December 18, 2024
Listed for £310,000
September 3, 2024
Sold for £170,000
2010
Sold for £150,000
2006
Floor Plans

Description
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