5 Bed HMO, Middlesbrough, TS1 4NL, £159,950

51 Ayresome Street, Middlesbrough, TS1 4NL - 26 views - 4 months ago

HMO
Planning
ROI: 13%
118 m²
+13 photos

ValuationUndervalued

Sold Prices£82.5K - £710K
Sold Prices/m²£682/m² - £3.1K/m²

 

 

Square Metres

118 m²
Price/m²£1.4K/m²

Value Estimate

£202,494
BMV13%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,988

Stamp Duty & Legal Fees

£6,570

Total Cash In

£46,558

 

 

Cash Out

 

Room Rate

£416

Gross Rent

£2,080

Running Costs/mo

£1,452

Cashflow/mo

£628

Cashflow/yr

£7,531

ROI

16%

Gross Yield

16%

Local Sold Prices

41 sold prices from £82.5K to £710K, average is £278K. £682/m² to £3.1K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£225K01/230.41 mi11, Windsor Road, Middlesbrough TS5 6DS5
£225.5K03/210.66 mi67, The Avenue, Middlesbrough TS5 6QU5
£230K02/210.79 mi31, Claude Avenue, Middlesbrough TS5 5PT5
£275K05/230.85 mi40, Westwood Avenue, Middlesbrough TS5 5PX5
£710K07/230.85 mi18, Cambridge Road, Linthorpe, Middlesbrough TS5 5NN5
£215K03/231.16 mi11, Appleton Road, Middlesbrough TS5 5HT5
£143K09/221.18 mi11, Sutton Way, Middlesbrough TS4 3HE5
£320K02/211.47 mi21, Church Lane, Middlesbrough TS5 7EF5
£278K03/211.47 mi25, Church Lane, Middlesbrough TS5 7EF5
£130K09/211.9 mi67, Charlbury Road, Middlesbrough TS3 8LS5
£175K02/232.12 mi78, Langley Avenue, Thornaby, Stockton-on-tees TS17 7HF5
£372K01/232.13 mi27, Sandy Flatts Lane, Middlesbrough TS5 7YY5
£370K08/232.18 mi12, Sandy Flatts Lane, Middlesbrough TS5 7YY5
£325K01/212.18 mi6, Sandy Flatts Lane, Middlesbrough TS5 7YY5
£350K02/222.22 mi35, The Ladle, Middlesbrough TS4 3SL5
£255K02/212.22 mi40, The Ladle, Middlesbrough TS4 3SL5
£250K10/202.22 mi34, The Ladle, Middlesbrough TS4 3SL5
£301K08/212.22 mi37, The Ladle, Middlesbrough TS4 3SL5
£301K08/212.22 mi37, The Ladle, Middlesbrough TS4 3SL5
£225K05/212.26 mi25, Marton Avenue, Middlesbrough TS4 3SQ5
£307K06/212.26 mi19, Marton Avenue, Middlesbrough TS4 3SQ5
£274K08/212.26 mi21, Marton Avenue, Middlesbrough TS4 3SQ5
£365K09/222.26 mi31, Marton Avenue, Middlesbrough TS4 3SQ5
£337K02/242.26 mi26, Marton Avenue, Middlesbrough TS4 3SQ5
£233K09/212.26 mi18, Geltsdale, Middlesbrough TS5 8TF5
£230K01/242.46 mi3, Cremorne Close, Marton In Cleveland, Middlesbrough TS7 8RE5
£127K10/202.55 mi5, Thistle Rise, Coulby Newham, Middlesbrough TS8 0RG5
£640K11/222.56 mi95, Low Lane, Middlesbrough TS5 8EF5
£155K06/212.57 mi95, Southdean Drive, Hemlington, Middlesbrough TS8 9HJ5
£575K06/212.59 mi68, The Grove, Marton In Cleveland, Middlesbrough TS7 8AJ5
£660K06/212.59 mi71, The Grove, Marton In Cleveland, Middlesbrough TS7 8AL5
£455K09/212.67 mi20, The Grove, Marton In Cleveland, Middlesbrough TS7 8AA5
£535K02/232.67 mi22a, The Grove, Marton In Cleveland, Middlesbrough TS7 8AA5
£675K11/202.69 mi12a, The Village, Marton In Cleveland, Middlesbrough TS7 8BE5
£490K02/212.69 mi23, The Grove, Marton In Cleveland, Middlesbrough TS7 8AB5
£170K10/232.77 mi21, Elkington Close, Thornaby, Stockton-on-tees TS17 0FZ5
£197.8K12/202.78 mi118, Coulby Manor Farm, Coulby Newham, Middlesbrough TS8 0RZ5
£340K06/212.79 mi5, Roseland Crescent, Marton In Cleveland, Middlesbrough TS7 8AH5
£276.5K03/212.89 mi357, Norton Road, Stockton-on-tees TS20 2PH5
£82.5K06/212.97 mi64, Stirling Way, Thornaby, Stockton-on-tees TS17 9NF5
£367.5K09/212.99 mi9, Rosemoor Close, Marton In Cleveland, Middlesbrough TS7 8LQ5

Local Area Statistics

Population in TS1

16,984

Population in Middlesbrough

189,245

Town centre distance

2.34 miles away

Nearest school

0.10 miles away

Nearest train station

1.02 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Price changed to £159,950

February 4, 2025

Price changed to £169,950

December 17, 2024

Listed for £179,000

November 25, 2024

Sold for £106,000

2017

Description

TS1 HMO TO ADD TO YOUR PORTFOLIO? LOOK NO FURTHER....

Ashbrookes are thrilled to welcome to the market this 5 bedroom property located on Ayresome Street in the heart of Middlesbrough Town Centre.

This property is currently set out as a 5-bedroom, 2-bath with an HMO approved licence already in place. There is an attic room which could potentially be converted into another bedroom if planning permission approves.

This property comes fully furnished with tenants in situ on a company let paying £1200pcm for the next 12 months approximately.

Your NET annual take home would be £14,400 / £1,200 PCM. This gives you a return of 8.0% at asking price.

- UPVC double glazing throughout.

- New boiler fitted with warranty.

- HMO Licensed Approved.

- All safety certificates up to date.

If you wish to view this property before it gets snapped up or seek further information, please call us on (option 1).

TS1 HMO TO ADD TO YOUR PORTFOLIO? LOOK NO FURTHER....

Ashbrookes are thrilled to welcome to the market this 5 bedroom property located on Ayresome Street in the heart of Middlesbrough Town Centre.

This property is currently set out as a 5-bedroom, 2-bath with a HMO approved licence already in place. There is an attic room which could potentially be converted into another bedroom if planning permission approves.

This property comes fully furnished with tenants in situ on a company let paying £1200pcm for the next 12 months approximately.

Your NET annual take home would be £14,400 / £1,200 PCM. This gives you a return of 8.0% at asking price.

- UPVC double glazing throughout.

- New boiler fitted with warranty.

- HMO Licensed Approved.

- All safety certificates up to date.

If you wish to view this property before it gets snapped up or seek further information, please call us on (option 1).

General Information

The information provided on this website and in our marketing materials is intended for general guidance only. While we strive to ensure the accuracy and reliability of the content, Ashbrookes ltd makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the properties listed.

Property Details
All property details, including but not limited to dimensions, floor plans, and photographs, are provided by the sellers, landlords, or third-party sources and have not been verified by Ashbrookes Ltd.
Prospective buyers or tenants should not rely solely on these details and should conduct their own due diligence.
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Agent Details

Ashbrookes Limited, Middlesbrough

01642 056242

Next Steps?

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