2 Bed Terraced House, Single Let, Billingham, TS22 5LB, £140,000

3 Musgrave Terrace, Wolviston, Billingham, TS22 5LB - 5 months ago

BTL
~64 m²
+8 photos

ValuationFair Value

Sold Prices£80K - £250K
Sold Prices/m²£1.2K/m² - £3.4K/m²

 

 

Square Metres

~63.90 m²
Price/m²£2.2K/m²

Value Estimate

£137,793

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,500

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£475 - £1,000

Rent Estimate

£525

Running Costs/mo

£563

Cashflow/mo

£-37

Cashflow/yr

£-450

Gross Yield

5%

Local Sold Prices

50 sold prices from £80K to £250K, average is £127.5K. £1.2K/m² to £3.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£210K03/230.02 mi25, High Street, Wolviston, Billingham, Stockton-on-tees TS22 5JY2
£250K11/230.04 mi34, High Street, Wolviston, Billingham, Stockton-on-tees TS22 5JX2
£161K12/220.06 mi10, Lax Terrace, Wolviston, Billingham, Stockton-on-tees TS22 5LE2
£180K02/230.08 mi30, Durham Road, Wolviston, Billingham, Stockton-on-tees TS22 5LP2
£220K05/210.16 mi15, The Green, Wolviston, Billingham, Stockton-on-tees TS22 5LN2
£220K05/210.18 mi15, The Green, Wolviston, Billingham, Stockton-on-tees TS22 5LN2
£195K01/230.18 mi20, Durham Road, Wolviston, Billingham, Stockton-on-tees TS22 5LP2
£123K01/210.25 mi16, Constable Grove, Billingham, Stockton-on-tees TS23 3GL2
£138.5K12/220.25 mi16, Constable Grove, Billingham, Stockton-on-tees TS23 3GL2
£140K06/230.25 mi38, Constable Grove, Billingham, Stockton-on-tees TS23 3GL2
£122K05/210.27 mi83, Landseer Drive, Billingham, Stockton-on-tees TS23 3GF2
£91.5K10/210.38 mi19, Bedlington Walk, Billingham, Stockton-on-tees TS23 3XW2
£82K03/210.38 mi22, Bedlington Walk, Billingham, Stockton-on-tees TS23 3XW2
£182.5K04/230.42 mi2, Pelton Close, Billingham, Stockton-on-tees TS23 3XH2
£130K04/230.42 mi72, Bowes Road, Billingham, Stockton-on-tees TS23 2BX2
£120K12/220.45 mi24, Brandon Close, Billingham, Stockton-on-tees TS23 2TH2
£120K11/200.45 mi9, Brandon Close, Billingham, Stockton-on-tees TS23 2TH2
£108K08/210.45 mi4, Brandon Close, Billingham, Stockton-on-tees TS23 2TH2
£82K01/210.45 mi138, Wallington Road, Billingham, Stockton-on-tees TS23 3XQ2
£101K07/230.47 mi25, Wallington Walk, Billingham, Stockton-on-tees TS23 3XJ2
£106K08/230.49 mi7, Byron Close, Billingham, Stockton-on-tees TS23 3TW2
£91.5K11/210.5 mi91, Northpark, Billingham, Stockton-on-tees TS23 3SU2
£83K07/230.5 mi11, North Park, Billingham, Stockton-on-tees TS23 3SU2
£94.3K02/230.5 mi87, North Park, Billingham, Stockton-on-tees TS23 3SU2
£108K11/220.5 mi27, North Park, Billingham, Stockton-on-tees TS23 3SU2
£116K05/240.5 mi17, North Park, Billingham, Stockton-on-tees TS23 3SU2
£80K09/230.5 mi67, North Park, Billingham, Stockton-on-tees TS23 3SU2
£144.5K09/230.5 mi61, North Park, Billingham, Stockton-on-tees TS23 3SU2
£100K07/210.51 mi3, Coleridge Road, Billingham, Stockton-on-tees TS23 3TN2
£108K11/210.51 mi1, Coleridge Road, Billingham, Stockton-on-tees TS23 3TN2
£240K11/220.51 mi75, Bowes Road, Billingham, Stockton-on-tees TS23 2BU2
£163K11/230.56 mi26, Barkston Close, Billingham, Stockton-on-tees TS22 5EY2
£110K01/210.57 mi7, Annfield Close, Billingham, Stockton-on-tees TS23 2TA2
£130K08/230.61 mi19, Kelling Close, Billingham, Stockton-on-tees TS23 3UJ2
£125K04/230.61 mi3, Bainton Close, Billingham, Stockton-on-tees TS23 3YB2
£131K10/230.61 mi6, Bainton Close, Billingham, Stockton-on-tees TS23 3YB2
£117K02/230.62 mi8, Bainton Close, Billingham, Stockton-on-tees TS23 3YB2
£172K02/210.62 mi112, Thames Road, Billingham, Stockton-on-tees TS22 5EU2
£177.5K08/210.64 mi22, Anlaby Close, Billingham, Stockton-on-tees TS23 3RA2
£143K03/240.66 mi19, Cleadon Avenue, Billingham, Stockton-on-tees TS23 3SH2
£205K01/230.66 mi54, Carlton Avenue, Billingham, Stockton-on-tees TS22 5HU2
£145K08/210.69 mi9, Carlton Avenue, Billingham, Stockton-on-tees TS22 5HT2
£118K12/200.7 mi42, Elton Road, Billingham, Stockton-on-tees TS22 5HS2
£172K10/220.72 mi66, Carlton Avenue, Billingham, Stockton-on-tees TS22 5HU2
£130K11/200.72 mi8, Barmpton Road, Billingham, Stockton-on-tees TS23 3SN2
£99K03/210.73 mi47, Driffield Way, Billingham, Stockton-on-tees TS23 3RD2
£124K04/210.76 mi36, Rudston Avenue, Billingham, Stockton-on-tees TS22 5BN2
£180K03/230.76 mi22, Rudston Avenue, Billingham, Stockton-on-tees TS22 5BN2
£115K03/210.76 mi68, Rudston Avenue, Billingham, Stockton-on-tees TS22 5BN2
£176K01/240.76 mi12, Rudston Avenue, Billingham, Stockton-on-tees TS22 5BN2

Local Rents

14 rents from £475/mo to £1K/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£55010/240.47 miWallington Walk, Billingham2
£57510/240.54 mi-2
£57510/240.54 mi-2
£50006/240.74 mi-2
£47510/240.76 miBelmont Avenue, Wolviston Court, Billingham2
£57902/240.79 mi-2
£59010/240.79 mi-2
£60010/240.79 mi-2
£62504/250.79 mi-2
£65010/240.84 miCranswick Close, BILLINGHAM2
£77501/250.94 mi-2
£67510/241 miWansford Close, Billingham2
£1,00010/241.01 miWoodend Court, Wynyard, TS222
£65012/231.05 mi-2

Local Area Statistics

Population in TS22

8,662

Population in Billingham

38,903

Town centre distance

0.72 miles away

Nearest school

0.10 miles away

Nearest train station

1.52 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £140,000

April 1, 2025

Listed for £149,950

November 13, 2024

Floor Plans

Description

  • Extended two-bedroom cottage +
  • Prime Wolviston location +
  • Potential to further modernise easily +
  • Chain-free sale +
  • Council tax band C / EPC rating D +
  • Freehold +

Clarke Munro are delighted to introduce this wonderful extended two bedroom cottage in the heart of the popular Wolviston Village. Perfectly located for village life with the village green, pubs and shop all within walking distance. Rare to the market and offered with vacant possession.
Benfiting from potential to update easily, the ground floor consists of a spacious reception room to the front of the property and a well-appointed kitchen to the rear with access to the rustic rear patio garden. Upstairs, two well-propertioned double-bedrooms and a neutral bathroom.
To the rear is a private courtyard area.

Agent Details

Clarke Munro, Billingham

01642 056905

Next Steps?

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