3 Bed Detached House, Single Let, Middlesbrough, TS5 4GE, £175,000

Kingsbridge Crescent, Acklam Gardens, TS5 4GE - 5 views - 4 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£46K - £295K
Sold Prices/m²£569/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£116,847

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£695 - £1,050

Rent Estimate

£358

Running Costs/mo

£638

Cashflow/mo

£-280

Cashflow/yr

£-3,366

Gross Yield

2%

Local Sold Prices

50 sold prices from £46K to £295K, average is £110K. £569/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£88K04/210.15 mi53, Westbourne Road, Middlesbrough TS5 5BH3
£85K12/200.16 mi41, Acklam Road, Middlesbrough TS5 5HD3
£111K01/230.16 mi29, Acklam Road, Middlesbrough TS5 5HD3
£87K02/240.18 mi78, Northern Road, Middlesbrough TS5 4NS3
£117.5K03/230.19 mi106, Hambledon Road, Middlesbrough TS5 5EF3
£108K01/210.19 mi120, Hambledon Road, Middlesbrough TS5 5EF3
£100K07/230.2 mi16, Northern Road, Middlesbrough TS5 4NU3
£71.5K11/200.21 mi2, Lydbrook Road, Middlesbrough TS5 4NR3
£46K06/210.21 mi18, Lydbrook Road, Middlesbrough TS5 4NR3
£46K12/200.21 mi21, Lydbrook Road, Middlesbrough TS5 4NR3
£110.1K06/210.21 mi207, Oxford Road, Middlesbrough TS5 5EG3
£126.3K11/210.21 mi191, Oxford Road, Middlesbrough TS5 5EG3
£110K11/200.21 mi203, Oxford Road, Middlesbrough TS5 5EG3
£140K04/240.21 mi177, Oxford Road, Middlesbrough TS5 5EG3
£64K01/210.22 mi12, Beadon Grove, Middlesbrough TS5 4NT3
£64K04/230.22 mi8, Northern Road, Middlesbrough TS5 4PB3
£104K06/230.23 mi24, Stratford Crescent, Middlesbrough TS5 4PQ3
£106K01/240.23 mi25, Alton Road, Middlesbrough TS5 4NX3
£73.5K12/220.24 mi6, Alton Road, Middlesbrough TS5 4NX3
£145K02/210.24 mi176, Oxford Road, Middlesbrough TS5 5EJ3
£115K01/210.24 mi48, Westbourne Road, Middlesbrough TS5 5BJ3
£115K07/230.24 mi32, Westbourne Road, Middlesbrough TS5 5BJ3
£147.5K12/200.25 mi16, Williams Avenue, Middlesbrough TS5 5EH3
£70K01/230.25 mi79, Maldon Road, Middlesbrough TS5 4PG3
£100K07/230.26 mi23, Studley Road, Middlesbrough TS5 5BW3
£118K10/210.26 mi59, Studley Road, Middlesbrough TS5 5BP3
£171K02/230.28 mi16, Fairfield Avenue, Middlesbrough TS5 5HB3
£86.5K07/230.29 mi24, Maldon Road, Middlesbrough TS5 4PJ3
£105.5K09/210.29 mi42, Hambledon Road, Middlesbrough TS5 5ED3
£112K05/230.29 mi32, Hambledon Road, Middlesbrough TS5 5ED3
£92K05/210.31 mi24, Greenland Avenue, Middlesbrough TS5 4JJ3
£179K05/210.31 mi18, Grosvenor Road, Middlesbrough TS5 5BU3
£170K01/230.35 mi27, Barker Road, Middlesbrough TS5 5EW3
£168K01/240.35 mi21, Barker Road, Middlesbrough TS5 5EW3
£110K02/230.35 mi57, Barker Road, Middlesbrough TS5 5EW3
£190K02/240.36 mi56, Barker Road, Middlesbrough TS5 5ES3
£80K06/210.37 mi44, Greenland Avenue, Middlesbrough TS5 4JW3
£95K04/230.37 mi61, Greenland Avenue, Middlesbrough TS5 4JW3
£117.5K12/200.39 mi26, Balfour Terrace, Middlesbrough TS5 5HY3
£295K06/230.39 mi56, Cambridge Road, Linthorpe, Middlesbrough TS5 5HG3
£110K01/210.4 mi12, Castleton Avenue, Middlesbrough TS5 5JA3
£125K04/210.4 mi14, Castleton Avenue, Middlesbrough TS5 5JA3
£152K09/230.4 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£122.5K04/210.4 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£76K03/240.41 mi122, West Lane, Middlesbrough TS5 4EJ3
£96K06/210.42 mi11, Dufton Road, Middlesbrough TS5 5AW3
£130K02/210.45 mi97, Rockliffe Road, Middlesbrough TS5 5DF3
£92K12/200.45 mi33, Collinson Avenue, Middlesbrough TS5 4QH3
£180K10/220.45 mi14, Appleton Road, Middlesbrough TS5 5HX3
£110K09/210.45 mi23, Burlam Road, Middlesbrough TS5 5AN3

Local Rents

13 rents from £695/mo to £1.1K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,01510/240.02 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.03 miAcklam Gardens, Middlesbrough, TS53
£99510/240.08 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.1 miAcklam Gardens, Middlesbrough, TS53
£1,05010/240.11 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.15 miAcklam Gardens, Middlesbrough, TS53
£95003/250.16 mi-3
£85004/250.3 mi-3
£85010/240.39 mi-3
£85010/240.39 miMiddlesbrough, Middlesbrough, TS53
£90004/250.42 mi-3
£74502/250.6 mi-3
£69502/250.62 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.88 miles away

Nearest school

0.40 miles away

Nearest train station

1.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £175,000

December 3, 2024

Floor Plans

Description

  • Very Modern 'Gleeson' Built Detached House on the Popular Acklam Gardens Development +
  • Nicely Positioned with the Bonus of a Southerly Facing Rear Garden +
  • Double Garage & Two Off Street Parking Spots +
  • Larger than Usual Plot with a Great Sized Garden that is Fairly Private in the Summer Months +
  • Perfectly Suited to Both Young Families & First Time Buyers Alike +
  • Brand New in 2018 and a Few Years Still Remaining on NHBC Builders Warranty +
  • Lounge, Kitchen/Diner with Smart Modern Units & Handy Downstairs Toilet +
  • Central Heating with a Combi Boiler & UPVC Double Glazing +

This very modern 'Gleeson' built detached house on the popular Acklam Gardens development is absolutely perfect for a young family or first time buyer.

Brand new in 2018, it still has a few years remaining on the NHBC builders’ warranty and is very pleasantly positioned on a larger than usual plot with a really good sized garden for a new build home!

Other notable attractions include off street parking for two cars on the driveway and a double garage, UPVC double glazing, composite front door, and central heating with an Ideal Logic combi boiler & handy ground floor WC.

As you'd expect from such a new place, the fixtures and fittings are bang up to date.

Comprising entrance hall, WC, lounge and kitchen/diner with smart modern high gloss style cabinets. The first floor has three bedrooms and family shower room with a modern white suite.

Tenure - Freehold

Council Tax Band B

Agent Details

Michael Poole, Middlesbrough

01642 049224

Next Steps?

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