4 Bed Terraced House, Single Let, Middlesbrough, TS5 4DL, £185,000

57 West Lane, Middlesbrough, TS5 4DL - 3 views - 4 months ago

BTL
83 m²
+21 photos

ValuationOvervalued

Sold Prices£66.5K - £290K
Sold Prices/m²£612/m² - £1.9K/m²

 

 

Square Metres

83 m²
Price/m²£2.2K/m²

Value Estimate

£106,460

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,900

Total Cash In

£53,150

 

 

Cash Out

 

Rent Range

£390 - £1,900

Rent Estimate

£412

Running Costs/mo

£681

Cashflow/mo

£-269

Cashflow/yr

£-3,222

Gross Yield

3%

Local Sold Prices

22 sold prices from £66.5K to £290K, average is £161K. £612/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£130K12/230.29 mi44, Clough Close, Middlesbrough TS5 5DW4
£75K02/230.45 mi81, Costa Street, Middlesbrough TS1 4PJ4
£180K06/210.45 mi16, Maddren Way, Middlesbrough TS5 5BB4
£170K05/240.45 mi2, Maddren Way, Middlesbrough TS5 5BB4
£160K07/210.45 mi15, Maddren Way, Middlesbrough TS5 5BB4
£193K02/230.52 mi105, Thornfield Road, Middlesbrough TS5 5BZ4
£140K04/240.57 mi16, Belle Vue Road, Middlesbrough TS5 5AQ4
£66.5K02/210.58 mi18, Oxford Street, Middlesbrough TS1 4NN4
£85K01/230.61 mi33, Kensington Road, Middlesbrough TS5 6AJ4
£119K01/210.61 mi75, Kensington Road, Middlesbrough TS5 6AJ4
£136K09/210.68 mi30, Devonshire Road, Middlesbrough TS5 6DP4
£164.9K08/230.69 mi7, Queens Road, Middlesbrough TS5 6EF4
£290K03/230.72 mi101, Oxford Road, Middlesbrough TS5 5EA4
£175K02/240.74 mi134, Oxford Road, Middlesbrough TS5 5EL4
£215K07/230.74 mi108, Oxford Road, Middlesbrough TS5 5EL4
£200K03/240.76 mi47, Oxford Road, Middlesbrough TS5 5DY4
£162K01/210.78 mi6, Windsor Road, Middlesbrough TS5 6DR4
£230K09/210.8 mi10, Barker Road, Middlesbrough TS5 5ES4
£122K08/210.83 mi7, Canterbury Grove, Middlesbrough TS5 6NS4
£145K11/210.86 mi25, Canterbury Grove, Middlesbrough TS5 6NS4
£150K10/210.9 mi11, Cambridge Road, Linthorpe, Middlesbrough TS5 5ND4
£235K03/240.91 mi9, Wycherley Avenue, Middlesbrough TS5 5HH4

Local Rents

50 rents from £390/mo to £1.9K/mo, average is £698/mo.

RentDateDistanceAddressBeds 
£80004/250.11 mi-3
£75001/250.21 mi-3
£45010/240.22 miMeath Street, Middlesbrough, North Yorkshire, TS14
£72510/240.29 miLongford Street, Middlesbrough3
£70010/240.34 miNesham Road, Middlesbrough, North Yorkshire, TS13
£95001/250.34 mi-3
£82510/240.36 miClough Close, Middlesbrough3
£95004/250.4 mi-3
£65010/240.4 miHarford Street, Middlesbrough3
£43310/240.4 miSurrey Street, Middlesbrough4
£1,01510/240.42 miAcklam Gardens, Middlesbrough, TS53
£67504/250.45 mi-3
£69503/250.45 mi-3
£1,00001/250.45 mi-4
£70003/250.45 mi-4
£39010/240.46 mi62, Outram Street, Middlesbrough, TS13
£57510/240.46 miAire Street, Middlesbrough, North Yorkshire, TS14
£1,05010/240.47 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.47 miAcklam Gardens, Middlesbrough, TS53
£75010/240.47 mi2 Harford Street, Middlesbrough, North Yorkshire, TS13
£1,00004/250.48 mi-4
£52010/240.49 miRoss Street, Middlesbrough, TS14
£50010/240.49 miRoss Street, Middlesbrough, TS14
£52010/240.49 miRoss Street, Middlesbrough, TS14
£52010/240.49 miRoss Street, Middlesbrough, TS14
£79501/250.5 mi-3
£69502/250.5 mi-3
£41210/240.51 miWorcester Street, Middlesbrough4
£1,90010/240.53 mi-4
£52510/240.53 miFalkland Street, Middlesbrough, TS1 4JH3
£41210/240.54 miAyresome Street, Middlesbrough6
£79502/240.54 mi-3
£1,20010/240.57 miMiddlesbrough, Glebe Road4
£1,01510/240.57 miAcklam Gardens, Middlesbrough, TS53
£1,19510/240.57 miAcklam Gardens, Middlesbrough, TS54
£1,01510/240.57 miAcklam Gardens, Middlesbrough, TS53
£45510/240.58 miGresham Road, Middlesbrough3
£42510/240.58 miGresham Road, Middlesbrough, North Yorkshire, TS16
£45510/240.58 miGresham Road, Middlesbrough, North Yorkshire, TS16
£44010/240.58 miGresham Road, Middlesbrough, North Yorkshire, TS16
£42510/240.58 miGresham Road, Middlesbrough, North Yorkshire, TS16
£99510/240.59 miAcklam Gardens, Middlesbrough, TS53
£70004/250.59 mi-3
£54210/240.6 miOxford Street, Middlesbrough, TS14
£1,60010/240.62 mi-5
£52010/240.62 miWentworth Street, Middlesbrough, TS14
£52010/240.62 miWentworth Street, Middlesbrough, TS14
£52010/240.62 miWentworth Street, Middlesbrough, TS14
£52010/240.62 miWentworth Street, Middlesbrough, TS14
£85003/250.62 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.88 miles away

Nearest school

0.10 miles away

Nearest train station

1.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £185,000

March 1, 2025

Listed for £190,000

December 4, 2024

Sold for £186,000

2022

Sold for £95,000

2015

Sold for £60,000

2006

Description

  • *** NEW INSTRUCTION, MUST BE VIEWED *** +
  • 4 BEDROOM END TERRACE FAMILY HOME +
  • SPACIOUS ACCOMMODATION +
  • WELL PRESENTED THROUGHOUT +
  • OPEN PLAN KITCHEN / DINER / FAMILY ROOM +
  • 4 GOOD SIZE BEDROOMS +
  • MODERN FAMILY BATHROOM +
  • LAGRE REAR GARDEN WITH DOUBLE GARAGE +
  • POPULAR LOCATION +
  • VIEWING HIGHLY RECOMMENDED +

* NEW INSTRUCTION, MUST BE VIEWED TO ARRANGE A VIEWING CALL OUR OFFICES 7AM TO 11PM 7 DAYS A WEEK.

LOVELY EXTENDED 4 BEDROOM END TERRACE FAMILY HOME - IDEAL FOR A NUMBER OF PROSPECTIVE BUYERS, NOT TO BE MISSED, SPACIOUS OVER 3 FLOORS, PRESENTED TO A HIGH STANDARD.

Ground Floor: Entrance hallway, living room, extended open plan kitchen with island / dining / family room and bi-fold doors to the rear garden.

First Floor: 2 bedrooms and modern family bathroom

Second Floor: 2 bedrooms

Great size private enclosed rear garden with patio area and lawn, converted double detached garage currently a home gym/ man cave. Popular location close to numerous local amenities including shops, schools and transport links.

* Why you will love this family home *

- Freehold
- Circa 1347 Sqft
- Decorated tastefully
- Extended
- Open plan kitchen / diner / family
- 4 bedrooms
- Large garden
- Converted garage
- School catchment i.e Archibald
- Transport links via A1 (M)

West Lane, located in Middlesbrough, is a residential area that offers a mix of urban convenience and community amenities. The area is well-served by local shops, supermarkets, and takeaways, providing everyday essentials close to home. Families benefit from proximity to schools, parks, and healthcare facilities, making it a practical choice for those seeking a well-connected location. West Lane enjoys good transport links, with regular bus services and easy access to major roads like the A66, allowing for convenient travel to Middlesbrough town centre and surrounding areas. With its blend of accessible amenities and connectivity, West Lane is a practical and welcoming place to live.

VIEWING HIGHLY RECOMMENDED, VIEW EARLY TO AVOID DISAPPOINTMENT. INDEPENDENT MORTGAGE ADVICE AVAILABLE IF REQUIRED, WE LOOK FORWARD TO HEARING FROM YOU.

Agent Details

New Home Agents, Leeds

0113 322 5766

Next Steps?

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