3 Bed Terraced House, Single Let, Middlesbrough, TS1 4RH, £71,300

Wicklow Street, Middlesbrough, TS1 4RH - 2 views - 6 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£25K - £130K
Sold Prices/m²£316/m² - £1.7K/m²

 

 

Square Metres

~93 m²
Price/m²£767/m²

Value Estimate

£73,479
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,825

Stamp Duty & Legal Fees

£3,339

Total Cash In

£21,164

 

 

Cash Out

 

Rent Range

£260 - £1,235

Rent Estimate

£358

Running Costs/mo

£314

Cashflow/mo

£44

Cashflow/yr

£523

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £25K to £130K, average is £65K. £316/m² to £1.7K/m², average is £790/m².

PriceDateDistanceAddressBeds 
£40K04/210.01 mi104, Longford Street, Middlesbrough TS1 4RL3
£52K02/230.01 mi116, Longford Street, Middlesbrough TS1 4RL3
£83K05/230.04 mi100, Meath Street, Middlesbrough TS1 4RY3
£77K01/210.07 mi9, Waterford Terrace, Middlesbrough TS1 4RX3
£56K08/210.07 mi153, Ayresome Street, Middlesbrough TS1 4PX3
£86.5K07/220.08 mi60, Carlow Street, Middlesbrough TS1 4SB3
£58.4K01/210.09 mi78, Surrey Street, Middlesbrough TS1 4QB3
£62K12/200.1 mi70, Kildare Street, Middlesbrough TS1 4QY3
£87K07/230.1 mi111, Carlow Street, Middlesbrough TS1 4SA3
£82K12/220.12 mi23, Ayresome Green Lane, Middlesbrough TS5 4DT3
£97K03/210.13 mi83, Clough Close, Middlesbrough TS5 5ET3
£118K12/230.13 mi99, Clough Close, Middlesbrough TS5 5ET3
£64K05/210.14 mi66, Harford Street, Middlesbrough TS1 4PP3
£85K04/230.15 mi130a, Crescent Road, Middlesbrough TS1 4QT3
£90K01/230.15 mi94, Ayresome Grange Road, Middlesbrough TS5 4DX3
£65K02/230.18 mi112, Crescent Road, Middlesbrough TS1 4QS3
£62K02/230.18 mi41, Surrey Street, Middlesbrough TS1 4QD3
£117K11/230.19 mi93, Maddren Way, Middlesbrough TS5 5BD3
£65K03/230.2 mi1, Surrey Street, Middlesbrough TS1 4QD3
£25K04/210.2 mi30, Surrey Street, Middlesbrough TS1 4QD3
£61.5K12/220.2 mi54, Carlow Street, Middlesbrough TS1 4SD3
£28K11/200.2 mi48, Aire Street, Middlesbrough TS1 4PG3
£40K04/210.2 mi58, Aire Street, Middlesbrough TS1 4PG3
£68K04/230.21 mi38, Essex Street, Middlesbrough TS1 4PS3
£65K12/210.22 mi59, Orwell Street, Middlesbrough TS1 4SW3
£77.5K11/200.22 mi33, The Turnstile, Middlesbrough TS5 6BY3
£58K11/200.22 mi59, Warwick Street, Middlesbrough TS1 4PA3
£53K04/210.23 mi10, Harford Street, Middlesbrough TS1 4PR3
£60K10/200.23 mi34, Harford Street, Middlesbrough TS1 4PR3
£39.9K03/230.23 mi26, Harford Street, Middlesbrough TS1 4PR3
£52.5K05/210.24 mi42, Costa Street, Middlesbrough TS1 4PH3
£80K02/210.24 mi77, Ayresome Street, Middlesbrough TS1 4NR3
£70K08/210.25 mi51, Worcester Street, Middlesbrough TS1 4NS3
£60K07/210.25 mi75, Worcester Street, Middlesbrough TS1 4NS3
£45K09/230.25 mi69, Crescent Road, Middlesbrough TS1 4QP3
£62K04/230.27 mi90, Outram Street, Middlesbrough TS1 4EG3
£86K11/200.27 mi36, Addison Road, Middlesbrough TS5 6BB3
£52K12/200.27 mi3, Faraday Street, Middlesbrough TS1 4EQ3
£41.5K09/210.28 mi90, Outram Street, Middlesbrough TS1 4EG3
£130K10/210.28 mi11, Aidan Court, Middlesbrough TS5 4BS3
£130K03/230.28 mi59, Aidan Court, Middlesbrough TS5 4BS3
£93K06/230.28 mi35, West Lane, Middlesbrough TS5 4DH3
£63.5K07/230.3 mi4, Ross Street, Middlesbrough TS1 4EJ3
£54.5K11/200.3 mi39, Parliament Road, Middlesbrough TS1 4JP3
£76K03/240.3 mi122, West Lane, Middlesbrough TS5 4EJ3
£88K12/200.31 mi28, Ayresome Park Road, Middlesbrough TS5 6AR3
£107.5K08/230.31 mi21, West Lane, Middlesbrough TS5 4DE3
£107K10/210.31 mi94, St Barnabas Road, Middlesbrough TS5 6BA3
£82K11/200.32 mi39, Connaught Road, Middlesbrough TS5 4AP3
£82K02/240.32 mi6, Connaught Road, Middlesbrough TS5 4AP3

Local Rents

41 rents from £260/mo to £1.2K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75001/250.06 mi-3
£95001/250.09 mi-3
£72510/240.1 miLongford Street, Middlesbrough3
£82510/240.11 miClough Close, Middlesbrough3
£95004/250.14 mi-3
£65010/240.14 miHarford Street, Middlesbrough3
£67504/250.18 mi-3
£75010/240.23 mi2 Harford Street, Middlesbrough, North Yorkshire, TS13
£69503/250.24 mi-3
£70010/240.26 miNesham Road, Middlesbrough, North Yorkshire, TS13
£39010/240.28 mi62, Outram Street, Middlesbrough, TS13
£79501/250.31 mi-3
£69502/250.31 mi-3
£52510/240.31 miFalkland Street, Middlesbrough, TS1 4JH3
£79502/240.32 mi-3
£80004/250.36 mi-3
£45510/240.36 miGresham Road, Middlesbrough3
£70004/250.38 mi-3
£26010/240.38 miGresham Road, Middlesbrough3
£85003/250.39 mi-3
£78010/240.39 mi-3
£78010/240.39 miGresham Road, Middlesbrough, TS13
£85010/240.41 mi-3
£52510/240.47 miStowe Street, Middlesbrough, TS13
£52510/240.47 miStowe Street, Middlesbrough, TS13
£52510/240.47 miStowe Street, Middlesbrough, TS13
£75004/250.47 mi-3
£75004/250.47 mi-3
£1,23512/240.5 mi-3
£45010/240.51 miAlbany Street, Middlesbrough, TS1 4DB3
£95010/240.51 miPercy Street, Middlesbrough, TS13
£1,01510/240.55 miAcklam Gardens, Middlesbrough, TS53
£47710/240.56 miPortman Street, Middlesbrough, North Yorkshire, TS13
£47710/240.56 miPortman Street, Middlesbrough, North Yorkshire, TS13
£47710/240.56 miPortman Street, Middlesbrough, North Yorkshire, TS13
£1,05010/240.57 miAcklam Gardens, Middlesbrough, TS53
£1,20010/240.57 miAlbert Terrace, Middlesbrough3
£74502/250.58 mi-3
£1,01510/240.58 miAcklam Gardens, Middlesbrough, TS53
£65010/240.61 miPeel Street, Middlesbrough, TS1 4DG3
£77510/240.61 miPeel street, Middlesbrough, TS13

Local Area Statistics

Population in TS1

16,984

Population in Middlesbrough

189,245

Town centre distance

2.63 miles away

Nearest school

0.10 miles away

Nearest train station

1.14 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £71,300

October 17, 2024

Description

  • Double Glazing +
  • Gas Central Heating +
  • Front Forecourt & Rear Garden +
  • Lounge +
  • Breakfasting Kitchen +
  • Shower Room +
  • 3 Bedrooms +

THIS PROPERTY WAS SOLD OFF MARKET, SIMILAR DEALS ARE AVAILABLE, CONTACT US TODAY TO JOIN OUR MAILING LIST. We have now let this property to working professionals at a rental of £850.00PCM producing a gross yield of 12.44%.

This property is a Three Bedroom Mid Terrace House with Front Forecourt, Double Glazing, Gas Heating & Rear Garden.

Accommodation Comprises of Entrance Porch leading through into the Hallway, Lounge, Breakfasting Kitchen, to the First Floor there are 3 Bedrooms and a Shower Room.

The property was sold at asking price with fees and we have now let this property to working professionals at a rental of £850.00PCM producing a gross yield of 12.44%.

Contact us today to join our mailing list.

At Joseph Harris Estate Agents we offer the following services:-

*Sales
*Lettings
*Investments
*Property Refurbishments

Agent Details

JOSEPH HARRIS ESTATE AGENTS LTD, Middlesborough

01642 056299

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪