2 Bed Flat, Planning Permission, Middlesbrough, TS5 6DR, £99,000

4A Windsor Road, Middlesbrough, TS5 6DR - 2 views - 5 months ago

Sold STC
Leasehold
Planning
ROI: 7%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£55K - £155K
Sold Prices/m²£809/m² - £1.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£108,542
BMV10%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,750

Stamp Duty & Legal Fees

£4,170

Total Cash In

£28,920

 

 

Cash Out

 

Rent Range

£525 - £900

Rent Estimate

£616

Running Costs/mo

£453

Cashflow/mo

£163

Cashflow/yr

£1,961

ROI

7%

Gross Yield

7%

Local Sold Prices

21 sold prices from £55K to £155K, average is £82.5K. £809/m² to £1.8K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£84K09/230.6 mi30, Rockingham Court, Acklam, Middlesbrough TS5 7BN2
£77.5K10/210.6 mi30, Rockingham Court, Acklam, Middlesbrough TS5 7BN2
£95K11/220.6 mi16, Rockingham Court, Acklam, Middlesbrough TS5 7BN2
£76.5K02/210.6 mi70, Rockingham Court, Acklam, Middlesbrough TS5 7BN2
£95K03/230.6 mi3, Rockingham Court, Acklam, Middlesbrough TS5 7BN2
£82K07/220.6 mi36, Rockingham Court, Acklam, Middlesbrough TS5 7BN2
£82.5K02/210.6 mi42, Rockingham Court, Acklam, Middlesbrough TS5 7BN2
£90K11/230.6 mi43, Rockingham Court, Acklam, Middlesbrough TS5 7BN2
£87K09/220.61 mi49, Rockingham Court, Acklam, Middlesbrough TS5 7BN2
£95K01/210.78 mi49, Stanhope Grove, Middlesbrough TS5 7SF2
£95K01/210.78 mi47, Stanhope Grove, Middlesbrough TS5 7SF2
£70K12/220.89 mi9a, Otterburn Gardens, Middlesbrough TS5 8DE2
£64K05/230.89 mi7a, Otterburn Gardens, Middlesbrough TS5 8DE2
£60K12/220.92 mi2a, Hillel Walk, Middlesbrough TS5 8DG2
£82K11/210.93 mi18, Bayberry Mews, Middlesbrough TS5 7RG2
£82K08/210.93 mi16, Bayberry Mews, Middlesbrough TS5 7RG2
£85K01/230.93 mi16, Bayberry Mews, Middlesbrough TS5 7RG2
£85K02/240.93 mi12, Bayberry Mews, Middlesbrough TS5 7RG2
£55K09/230.94 mi20, St Francis Close, Middlesbrough TS5 4GY2
£155K09/210.96 mi3, Kinloss Walk, Thornaby, Stockton-on-tees TS17 9QW2
£75K12/221 miFlat 6, Glen Court, Glendale Road, Middlesbrough TS5 7FL2

Local Rents

17 rents from £525/mo to £900/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£75002/250.14 mi-2
£52510/240.18 miTrimdon Avenue, Middlesbrough, North Yorkshire, TS52
£75006/240.25 mi-2
£70010/240.25 miWellspring Close, Middlesbrough2
£65007/230.58 mi-2
£79511/240.61 mi-2
£75001/250.77 mi-2
£72512/230.84 mi-2
£79511/240.84 mi-2
£90004/250.84 mi-2
£72509/230.88 mi-2
£75002/240.95 mi-2
£60007/241.05 mi-2
£62510/241.06 miAllensway, Thornaby, Stockton-On-Tees2
£70006/241.06 mi-2
£69510/241.12 miCambridge Square, Middlesbrough, Cleveland, TS52
£65010/241.2 miDorman Gardens, Middlesbrough, Cleveland, TS52

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.94 miles away

Nearest school

0.20 miles away

Nearest train station

2.85 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £99,000

November 29, 2024

Sold for £59,950

2002

Floor Plans

Description

We are delighted to present a rare opportunity to acquire this exceptional first-floor two-bedroom apartment, located on the highly sought-after Windsor Road. This larger-than-average period property not only boasts generous living space but also offers potential for future expansion into the loft, subject to obtaining the necessary planning permissions.

Conveniently situated within walking distance of Linthorpe School, as well as a variety of local shops and amenities, this apartment is ideal for a diverse range of buyers, from families to professionals.
The accommodation comprises:
Main Entrance Hall
Welcoming and spacious, providing access to the rest of the home.
Hallway
Leading to stairs, all rooms, enhancing the flow of the apartment.
Large and Airy Lounge Diner
Featuring a stunning bay window that floods the room with natural light, creating a warm and inviting atmosphere.
Kitchen
Equipped with a comprehensive modern range of base and wall-mounted units, providing ample storage and preparation space for culinary enthusiasts.
Two Double Bedrooms
Generously-sized, perfect for restful nights and personal retreats.
Bathroom
Well-appointed, offering a functional space for daily routines.
Additional features include double glazing and a gas central heating system, ensuring comfort throughout the year.
An early internal inspection is highly recommended to truly appreciate the size and potential of this remarkable property.

Directions from A66 to Queens Road, Linthorpe, Middlesbrough:
1. Take the A66 exit toward Middlesbrough.
2. Merge onto the A66 and continue for approximately 4 miles.
3. Take the exit toward Linthorpe, following the signs for A171.
4. At the roundabout, take the first exit onto Marton Road/A172.
5. Continue straight for about 1 mile, then turn left onto Windsor Road.
6. Your destination will be on the right.

For further information or to arrange a viewing, please contact Ashbrookes Estate Agents today. Don’t miss out on this fantastic opportunity!

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
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Agent Details

Ashbrookes Limited, Yarm

01642 213213

Next Steps?

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