3 Bed Terraced House, Single Let, Middlesbrough, TS6 0TS, £67,500

65 Moorcock Close, Middlesbrough, Redcar And Cleveland, TS6 0TS - 8 views - 5 months ago

BTL
ROI: 14%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£46K - £335K
Sold Prices/m²£597/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£726/m²

Value Estimate

£84,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,875

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,175

 

 

Cash Out

 

Rent Range

£595 - £800

Rent Estimate

£606

Running Costs/mo

£352

Cashflow/mo

£254

Cashflow/yr

£3,046

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £46K to £335K, average is £98K. £597/m² to £2.4K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£84K12/220.08 mi61, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£70K10/210.09 mi76, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£71K08/210.09 mi101, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£75K03/210.09 mi81, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£85K01/230.09 mi36, Woodcock Close, Middlesbrough, Redcar And Cleveland TS6 0TU3
£101K08/210.14 mi99, Barnaby Crescent, Middlesbrough, Redcar And Cleveland TS6 9HL3
£108K06/230.16 mi9, Newton Close, Middlesbrough, Redcar And Cleveland TS6 9HS3
£130K03/230.17 mi45, Barnaby Crescent, Middlesbrough, Redcar And Cleveland TS6 9HR3
£125K05/230.18 mi4, Marton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HQ3
£108K04/210.23 mi5, Nab Close, Middlesbrough, Redcar And Cleveland TS6 9HJ3
£95K04/230.23 mi11, Nab Close, Middlesbrough, Redcar And Cleveland TS6 9HJ3
£82K09/230.23 mi94, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£60K11/230.23 mi64, Bankfields Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0TF3
£89K12/230.24 mi12, Ayton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HF3
£110K12/200.24 mi13, Ayton Crescent, Middlesbrough, Redcar And Cleveland TS6 9HF3
£70.5K10/230.25 mi50, Jubilee Road, Middlesbrough, Redcar And Cleveland TS6 9HB3
£67K12/200.25 mi5, Oakley Walk, Middlesbrough, Redcar And Cleveland TS6 0TE3
£65K12/200.27 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.27 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.27 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.27 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£65K12/200.27 mi32, Sedgemoor Road, Middlesbrough, Redcar And Cleveland TS6 0UA3
£128K10/220.29 mi13, Station Road, Eston, Middlesbrough, Redcar And Cleveland TS6 9EW3
£110K07/210.29 mi5, Sandmoor Close, Middlesbrough, Redcar And Cleveland TS6 9EF3
£95K03/240.31 mi3, Hodgson Court, Middlesbrough, Redcar And Cleveland TS6 9TD3
£140K10/220.31 mi39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG3
£116K12/230.32 mi16, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RR3
£83K07/210.32 mi39, Webster Road, Middlesbrough, Redcar And Cleveland TS6 0RG3
£335K12/230.32 mi2, Granwood Road, Middlesbrough, Redcar And Cleveland TS6 9HX3
£118K12/200.33 mi74, Guisborough Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9LA3
£147K05/240.34 mi17, Medbourne Close, Middlesbrough, Redcar And Cleveland TS6 9QF3
£80K05/230.34 mi43, Gladstone Street, Middlesbrough, Redcar And Cleveland TS6 9LG3
£80K12/230.34 mi20, Gladstone Street, Middlesbrough, Redcar And Cleveland TS6 9LG3
£77K12/200.35 mi42, Keats Road, Middlesbrough, Redcar And Cleveland TS6 0RW3
£56K03/210.35 mi36, Gladstone Street, Middlesbrough, Redcar And Cleveland TS6 9LG3
£150K01/230.36 mi12, Medbourne Close, Middlesbrough, Redcar And Cleveland TS6 9QF3
£143K11/230.36 mi79, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RF3
£207.5K11/200.39 mi10, Woodlands Drive, Normanby, Middlesbrough, Redcar And Cleveland TS6 0NW3
£138K09/230.4 mi36, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT3
£115K05/230.4 mi34, Clive Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RT3
£204K04/240.4 mi149, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9JD3
£125K01/240.41 mi43, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE3
£120K04/210.41 mi46, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE3
£80K11/200.41 mi46, Rothwell Mews, Eston, Middlesbrough, Redcar And Cleveland TS6 9NW3
£46K11/200.41 mi8, Rothwell Mews, Eston, Middlesbrough, Redcar And Cleveland TS6 9NW3
£115K04/230.41 mi28, Rothwell Mews, Eston, Middlesbrough, Redcar And Cleveland TS6 9NW3
£230K07/210.41 mi63, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9EH3
£315K08/230.44 mi110, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PW3
£82K05/230.46 mi15, Old Row, Middlesbrough, Redcar And Cleveland TS6 9JX3
£215.5K10/210.46 mi171, Flatts Lane, Middlesbrough, Redcar And Cleveland TS6 0PP3

Local Rents

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

RentDateDistanceAddressBeds 
£59511/240.25 mi-3
£60010/240.27 miEdwards Street, Middlesbrough, TS63
£65010/240.29 miHolmefields Road, Middlesbrough, TS63
£65006/240.29 mi-3
£65002/250.29 mi-3
£65002/250.32 mi-3
£70002/240.43 mi-3
£70011/240.43 mi-3
£62510/240.5 mi-3
£80004/250.61 mi-3
£62510/240.61 miThe Jennings, Normanby, Middlesbrough, TS6 0LL3

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

1.99 miles away

Nearest school

0.20 miles away

Nearest train station

2.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Price changed to £67,500

February 16, 2025

Listed for £70,000

November 7, 2024

Sold for £48,000

2023

Floor Plans

Description

  • Terraced +
  • Three Bedrooms +
  • Ideal for an Investor as Sold with Sitting Tenant +
  • Ground Floor WC +
  • Gardens +

Offered for sale with a sitting tenant this three bedroomed property is ideal for an investor. Situated in an area close to local amenities, schooling and transport links.

Tenure: Freehold
Council Tax Band: A

Agent Details

Michael Poole, Eston

01642 548152

Next Steps?

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