5 Bed Detached House, Single Let, Billingham, TS22 5TN, £724,950

Black Spruce Close, Wynyard, Billingham, TS22 5TN - 4 months ago

BTL
~178 m²
+15 photos

ValuationOvervalued

Sold Prices£375K - £1.4M
Sold Prices/m²£1.8K/m² - £2.9K/m²

 

 

Square Metres

~178.28 m²
Price/m²£4.1K/m²

Value Estimate

£419,305

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£181,238

Stamp Duty & Legal Fees

£46,696

Total Cash In

£227,934

 

 

Cash Out

 

Rent Range

£950 - £1,995

Rent Estimate

£1,000

Running Costs/mo

£2,485

Cashflow/mo

£-1,485

Cashflow/yr

£-17,826

Gross Yield

2%

Local Sold Prices

23 sold prices from £375K to £1.4M, average is £530K. £1.8K/m² to £2.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£540K02/210.19 mi18, Manor Fields, Wynyard, Billingham, Hartlepool TS22 5GE5
£535K10/230.19 mi12, Manor Fields, Wynyard, Billingham, Hartlepool TS22 5GE5
£525K05/210.2 mi3, Saville Close, Wynyard, Billingham, Stockton-on-tees TS22 5GL5
£651K11/220.22 mi13, Manor Fields, Wynyard, Billingham, Hartlepool TS22 5GE5
£750K06/210.31 mi24, The Plantations, Wynyard, Billingham, Stockton-on-tees TS22 5SN5
£375K11/200.38 mi4, Eshton, Wynyard, Billingham, Hartlepool TS22 5GG5
£995K02/231 mi6, Castlereagh, Wynyard, Billingham, Stockton-on-tees TS22 5QF5
£660K08/231.29 mi7, The Coppice, Wynyard, Billingham, Stockton-on-tees TS22 5QH5
£545K11/201.61 mi23, Fulthorpe Grove, Wynyard, Billingham, Stockton-on-tees TS22 5QZ5
£736K01/231.68 mi25, Mountstewart, Wynyard, Billingham, Stockton-on-tees TS22 5QN5
£465K07/211.71 mi30a, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£710K10/211.71 mi8, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£1.4M07/231.71 mi15, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£447K02/211.71 mi33, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£495K01/231.74 mi5, Eagle Bridge Court, Wynyard, Billingham, Stockton-on-tees TS22 5SU5
£427.5K03/211.74 mi4, Eagle Bridge Court, Wynyard, Billingham, Stockton-on-tees TS22 5SU5
£494.3K03/211.74 mi6, Burntoft, Wynyard, Billingham, Stockton-on-tees TS22 5SX5
£505K09/211.75 mi9, Vane Close, Wynyard, Billingham, Stockton-on-tees TS22 5TF5
£442K12/221.8 mi27, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£600K09/231.81 mi6, Embleton Grove, Wynyard, Billingham, Stockton-on-tees TS22 5SY5
£480K06/211.82 mi3, Lion Bridge Close, Wynyard, Billingham, Stockton-on-tees TS22 5SR5
£420K11/201.82 mi4, Lion Bridge Close, Wynyard, Billingham, Stockton-on-tees TS22 5SR5
£530K03/211.83 mi5, Rudd Close, Wynyard, Billingham, Stockton-on-tees TS22 5TG5

Local Rents

13 rents from £950/mo to £2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,39510/240.68 miThe Meadows, Wynyard Manor, BILLINGHAM4
£95010/240.75 mi-2
£1,00011/240.78 mi-2
£1,00010/240.84 miThe Wynd, Wynyard, Billingham2
£1,00010/240.85 miWoodend Court , Wynyard, Billingham2
£1,19510/240.95 miSiskin Park, Billingham, TS223
£1,09510/240.95 miSiskin Park, Billingham, TS223
£1,09510/240.95 miSiskin Park, Billingham, TS223
£1,09510/240.95 miSiskin Park, Billingham, TS223
£1,99510/241.5 miThe Wynd, Billingham, Stockton on Tees, TS224
£1,30003/251.7 mi-3
£1,15003/251.79 mi-3
£1,00010/242.02 miWoodend Court, Wynyard, TS222

Local Area Statistics

Population in TS22

8,662

Population in Billingham

38,903

Town centre distance

2.89 miles away

Nearest school

0.70 miles away

Nearest train station

4.32 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

-4%

Property History

Listed for £724,950

November 11, 2024

Floor Plans

Description

  • Detached corner plot +
  • Large driveway for four vehicles +
  • Open plan kitchen/diner/family room +
  • Five double bedrooms +
  • Summer House in rear garden +

Located within one of Wynyard’s premier developments, this luxurious family home, built in 2020 by Dere Street Homes, offers an exceptional standard of living on a spacious plot within a quiet cul-de-sac.

Perfect for contemporary family life and entertaining, the property features a combination of modern, elegant interiors and expansive outdoor space.

Key Features:

• Impressive Entrance: The home is entered through a grand, light-filled galleried hallway with sophisticated tiled flooring that flows seamlessly through to key living spaces.

• Spacious Living Areas: Includes a formal lounge with a gas fire, and an expansive open-plan kitchen/diner and family room with bi-fold doors to the rear garden, offering an ideal layout for modern living. An additional family snug created by the current owners provides an ideal space for entertaining, a home office or children’s playroom.

• Gourmet Kitchen: Features high-end granite countertops, under-unit lighting, and built-in Bosch appliances, alongside a pantry for added storage and a space for an American-style fridge freezer.

• Utility & Cloakroom: The utility room provides additional functionality, and a spacious downstairs cloakroom adds convenience.
First Floor Highlights:

• Galleried Landing: An open and airy space with views over the entrance hall.

• Master Suite: A breathtaking bedroom with skylights, a private Juliette balcony, a walk-in dressing area, and a luxurious en-suite featuring a walk-in shower, a freestanding bath, and double vanity sinks.

• Five Bedrooms in Total: Including two with en-suite bathrooms, all designed for comfort and elegance.

• Family Bathroom: Well-appointed with a bath, walk-in shower, and vanity sink.

Outdoor Space:

• Extensive Rear Garden: Enclosed, with a sun terrace, lawn, and a substantial summer house, which is fully insulated and equipped for use as an office, bar, or playroom.

• Generous Driveway: Block-paved and providing parking for several vehicles, in addition to an integral double garage with electric doors.

This exceptional home combines elegance, functionality, and a prime location, offering a perfect environment for both relaxing and entertaining. An internal viewing is highly recommended to appreciate all that this property has to offer.

EPC Rating – B

Council Tax Band – G

Please note, Wynyard residents are required to pay a monthly estate fee to Wynyard Estates.

Agent Details

Bradley Hall Chartered Surveyors & Estate Agents, Durham

0191 625 0756

Next Steps?

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