3 Bed Semi-Detached House, Single Let, Middlesbrough, TS6 7NR, £70,000

Tennyson Avenue, Middlesbrough, TS6 7NR - 4 views - 6 months ago

Sold STC
BTL
ROI: 12%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£37K - £140K
Sold Prices/m²£496/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£85,400
BMV22%

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

£600 - £875

Rent Estimate

£560

Running Costs/mo

£351

Cashflow/mo

£209

Cashflow/yr

£2,511

ROI

12%

Gross Yield

10%

Local Sold Prices

50 sold prices from £37K to £140K, average is £76.3K. £496/m² to £2K/m², average is £959/m².

PriceDateDistanceAddressBeds 
£60K10/200.06 mi83, Arundel Road, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QZ3
£63.5K01/210.06 mi19, Arundel Road, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QZ3
£80K11/200.06 mi56, Arundel Road, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QZ3
£80K09/210.06 mi21, Tennyson Close, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7PE3
£73K02/210.06 mi7, Tennyson Close, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7PE3
£80K09/210.06 mi21, Tennyson Close, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7PE3
£75K08/210.07 mi5, Regent Court, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QX3
£75K08/210.07 mi5, Regent Court, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QX3
£61K10/210.09 mi1, Sandringham Road, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QT3
£62.5K02/230.1 mi3, Arundel Road, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QZ3
£75K06/210.11 mi47, Tennyson Avenue, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7NE3
£80.5K02/240.11 mi66, Tennyson Avenue, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7NE3
£50K03/240.14 mi4, Griffiths Road, Middlesbrough, Redcar And Cleveland TS6 7NB3
£75K05/230.14 mi10, Griffiths Road, Middlesbrough, Redcar And Cleveland TS6 7NB3
£50K12/210.16 mi3, Caernarvon Close, Middlesbrough, Redcar And Cleveland TS6 9SG3
£57K12/210.17 mi18, Cheddar Close, Middlesbrough, Redcar And Cleveland TS6 9SE3
£85K12/200.17 mi51, Stafford Road, Middlesbrough, Redcar And Cleveland TS6 7PR3
£72K08/230.2 mi7, Gordon Crescent, Middlesbrough, Redcar And Cleveland TS6 7QS3
£58K10/230.2 mi79, Tennyson Avenue, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7ND3
£70K11/200.21 mi39, Attlee Road, Middlesbrough, Redcar And Cleveland TS6 7NA3
£110K05/240.26 mi240, Church Lane, Eston, Middlesbrough, Redcar And Cleveland TS6 9RB3
£85K04/230.3 mi3, Cardigan Close, Middlesbrough, Redcar And Cleveland TS6 9SP3
£85K01/230.32 mi16, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RE3
£98.8K10/210.32 mi11, Tawney Close, Middlesbrough, Redcar And Cleveland TS6 9RE3
£129.9K03/210.32 mi16, Tawney Close, Middlesbrough, Redcar And Cleveland TS6 9RE3
£75K12/200.32 mi10, Mosedale Road, Middlesbrough, Redcar And Cleveland TS6 7RH3
£57K10/230.33 mi32, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RE3
£123K11/200.34 mi5, Holyhead Court, Middlesbrough, Redcar And Cleveland TS6 9TF3
£115K05/210.34 mi2, Holyhead Court, Middlesbrough, Redcar And Cleveland TS6 9TF3
£100K11/210.34 mi203, Church Lane, Eston, Middlesbrough, Redcar And Cleveland TS6 9RA3
£69K12/200.35 mi37, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RB3
£65K04/210.35 mi67, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RB3
£109.5K03/230.35 mi205, Church Lane, Eston, Middlesbrough, Redcar And Cleveland TS6 9RA3
£66K11/230.36 mi52, Harlech Close, Middlesbrough, Redcar And Cleveland TS6 9SZ3
£108K01/240.37 mi287, Fabian Road, Middlesbrough, Redcar And Cleveland TS6 7RL3
£114K04/210.37 mi1, Kerry Close, Middlesbrough, Redcar And Cleveland TS6 9TG3
£76K10/210.38 mi20, Myrddin Baker Road, Middlesbrough, Redcar And Cleveland TS6 9SX3
£127K09/210.38 mi19, Brecon Gardens, Middlesbrough, Redcar And Cleveland TS6 9RZ3
£128K11/230.38 mi4, Brecon Gardens, Middlesbrough, Redcar And Cleveland TS6 9RZ3
£70K05/210.39 mi11, Grisedale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QN3
£65K12/220.39 mi35, Grisedale Crescent, Eston, Middlesbrough, Redcar And Cleveland TS6 7QN3
£125K10/210.4 mi10, Talbot Mews, Middlesbrough, Redcar And Cleveland TS6 9TJ3
£140K09/220.4 mi6, Talbot Mews, Middlesbrough, Redcar And Cleveland TS6 9TJ3
£37K03/210.42 mi44, Birchington Avenue, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7EZ3
£76.5K10/230.42 mi7, Rudland Walk, Eston, Middlesbrough, Redcar And Cleveland TS6 8BH3
£85K11/210.42 mi143, Fabian Road, Middlesbrough, Redcar And Cleveland TS6 9RH3
£77.5K10/230.46 mi2, Deepgrove Walk, Middlesbrough, Redcar And Cleveland TS6 8AE3
£65K03/210.46 mi6, Danby Road, Middlesbrough, Redcar And Cleveland TS6 8AX3
£78K12/200.47 mi4, Churchill Road, Middlesbrough, Redcar And Cleveland TS6 9PP3
£125K11/230.49 mi2, Churchill Road, Middlesbrough, Redcar And Cleveland TS6 9PP3

Local Rents

24 rents from £600/mo to £875/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65009/230.02 mi-3
£63009/230.02 mi-3
£63010/240.02 mi-3
£65010/240.06 miArundel Road, Grangetown, TS6 7QZ3
£62504/250.12 mi-3
£70010/230.14 mi-3
£82002/240.14 mi-3
£82010/240.14 mi-3
£82010/240.14 mi-3
£75003/250.16 mi-3
£65011/230.18 mi-3
£65010/240.28 miGrange Farm Road, Grangetown, Middlesbrough, TS63
£70009/240.3 mi-3
£65002/240.31 mi-3
£65006/240.31 mi-3
£60009/240.31 mi-3
£65010/240.31 miRydal Avenue, Grangetown, Middlesbrough, TS63
£62510/240.33 miLangdale Crescent, Eston3
£87501/250.34 mi-3
£85010/240.39 mi-3
£70008/240.39 mi-3
£77510/240.45 miWilton Way, Middlesbrough3
£75001/250.46 mi-3
£65004/250.49 mi-3

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

2.37 miles away

Nearest school

0.10 miles away

Nearest train station

1.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £70,000

October 18, 2024

Description

  • Double Glazing +
  • Gas Central Heating +
  • Front & Rear Gardens +
  • Open Plan Lounge Diner +
  • Kitchen +
  • First Floor Bathroom +
  • 3 Bedrooms +

THIS PROPERTY WAS SOLD OFF MARKET, SIMILAR DEALS ARE AVAILABLE, CONTACT US TODAY TO JOIN OUR MAILING LIST. This property was sold with tenants in situ at a rental of £560.00PCM producing a gross yield of 9.07%.

This property is a Three Bedroom Semi Detached House with Front Garden, Driveway, Double Glazing, Gas Heating & Rear Garden.

Accommodation Comprises of Entrance Hallway leading through into an open plan Lounge Diner, Kitchen, to the First Floor there are 3 Bedrooms and a Bathroom.

The property was sold at asking price with fees with tenants in situ at a rental of £560.00PCM producing a gross yield of 9.07%.

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?

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