3 Bed Terraced House, Single Let, Middlesbrough, TS6 0TE, £69,999

6 Oakley Walk, Middlesbrough, Cleveland, TS6 0TE - 6 views - 7 months ago

Sold STC
Auction
BTL
ROI: 14%
86 m²
+3 photos

ValuationUndervalued

Sold Prices£60K - £315K
Sold Prices/m²£744/m² - £2.8K/m²

 

 

Square Metres

86 m²
Price/m²£814/m²

Value Estimate

£86,799
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£595 - £800

Rent Estimate

£603

Running Costs/mo

£359

Cashflow/mo

£244

Cashflow/yr

£2,924

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £60K to £315K, average is £112.5K. £744/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£67K12/200.03 mi5, Oakley Walk, Middlesbrough, Redcar And Cleveland TS6 0TE3
£82K09/230.04 mi94, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£60K11/230.04 mi64, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£77K12/200.09 mi42, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RW3
£116K12/230.1 mi16, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RR3
£143K11/230.14 mi79, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RF3
£83K07/210.17 mi39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG3
£138K09/230.17 mi36, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT3
£115K05/230.17 mi34, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT3
£140K10/220.18 mi39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG3
£108K04/210.19 mi5, Nab Close, Middlesbrough, Redcar And Cleveland TS6 9HJ3
£95K04/230.19 mi11, Nab Close, Middlesbrough, Redcar And Cleveland TS6 9HJ3
£125K01/240.2 mi43, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE3
£120K04/210.2 mi46, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE3
£110K07/210.21 mi5, Sandmoor Close, Middlesbrough, Redcar And Cleveland TS6 9EF3
£101K08/210.21 mi99, Barnaby Crescent, Middlesbrough, Redcar And Cleveland TS6 9HL3
£84K12/220.21 mi61, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£70K10/210.23 mi76, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£71K08/210.23 mi101, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£75K03/210.23 mi81, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£85K01/230.23 mi36, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£92.5K03/230.25 mi42, Cleveland Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LU3
£146K12/200.25 mi68, West Street, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LQ3
£65K12/200.25 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.25 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.25 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.25 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.25 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£122.5K11/210.25 mi5, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0QZ3
£183K02/230.26 mi7, South Park Avenue, Middlesbrough, Redcar And Cleveland TS6 0NS3
£315K08/230.27 mi110, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PW3
£95K08/230.28 mi28a, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 0QX3
£150K11/230.29 mi17, Grosvenor Gardens, Middlesbrough, Redcar And Cleveland TS6 0LG3
£105K11/220.29 mi28, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 0QX3
£89K12/230.29 mi12, Ayton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HF3
£110K12/200.29 mi13, Ayton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HF3
£207.5K11/200.3 mi10, Woodlands Drive, Normanby, Middlesbrough, Redcar And Cleveland TS6 0NW3
£125K05/230.31 mi4, Marton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HQ3
£245K08/230.32 mi48, Hollywalk Drive, Middlesbrough, Redcar And Cleveland TS6 0PL3
£108K06/230.32 mi9, Newton Close, Middlesbrough, Redcar And Cleveland TS6 9HS3
£215.5K10/210.32 mi171, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PP3
£128K10/220.33 mi13, Station Road, Eston, Middlesbrough, Redcar And Cleveland TS6 9EW3
£220K09/220.35 mi19, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9DZ3
£205K03/210.35 mi6, Blacksmiths Close, Middlesbrough, Redcar And Cleveland TS6 9TH3
£152K12/210.35 mi15, Firtree Avenue, Middlesbrough, Redcar And Cleveland TS6 0PQ3
£235K02/230.35 mi13, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9DZ3
£165K11/210.36 mi1, The Jennings, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LL3
£171K09/230.36 mi1, The Jennings, Normanby, Middlesbrough, Redcar And Cleveland TS6 0LL3
£265K03/230.36 mi14, Parkway Drive, Middlesbrough, Redcar And Cleveland TS6 0NU3
£130K03/230.36 mi45, Barnaby Crescent, Middlesbrough, Redcar And Cleveland TS6 9HR3

Local Rents

11 rents from £595/mo to £800/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£59511/240.03 mi-3
£70002/240.17 mi-3
£70011/240.17 mi-3
£65010/240.19 miHolmefields Road, Middlesbrough, TS63
£65006/240.25 mi-3
£65002/250.25 mi-3
£65002/250.25 mi-3
£62510/240.25 mi-3
£80004/250.35 mi-3
£62510/240.36 miThe Jennings, Normanby, Middlesbrough, TS6 0LL3
£60010/240.43 miEdwards Street, Middlesbrough, TS63

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

1.73 miles away

Nearest school

0.10 miles away

Nearest train station

1.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £69,999

September 26, 2024

Description

**Guide Price £69,999 * PLUS 5% BUYERS PREMIUM OR MINIMUM OF £5000 + VAT

For sale by unconditional online auction on the 23rd of September 2024.

Registration is now open, bidding opens on 23rd of September at 10:00 26th of September at 19:00**

3 Bed Mid-Terrace Property For Sale By Online Auction

Description
Well-Maintained Three-Bed Mid-Terrace Home
Situated Adjacent to a Green Walkway

SOLD WITH NO CHAIN

This modern property offers an excellent opportunity for comfortable living with numerous updates and features:

Updated Features:
Combi boiler central heating
RCD electrical consumer unit (with safety certificates)
UPVC double-glazed windows and doors

Interior Details:
Spacious lounge
Clean, fitted dining kitchen
Guest WC
Ample storage cupboard

First Floor:
Three generous-sized bedrooms
White suite bathroom with shower over
Additional storage cupboard
Exterior:

Enclosed rear garden
Driveway with off-road parking
Garage
Small lawned, fenced front garden

Additional Information:
Council Tax Band: A
EPC Rating: C
Freehold Property: Sold with no chain

Tenure
Freehold

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Town & Country Property Auctions, Normanby

01644 714343

Next Steps?

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