3 Bed Semi-Detached House, Planning Permission, Stockton-on-Tees, TS17 9HS, £130,000

Princes Square, Thornaby, TS17 9HS - 1 views - 4 months ago

Sold STC
Planning
ROI: 4%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£58.6K - £350K
Sold Prices/m²£833/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£132,600

 

 

End Value (After Refurb)

£120,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£36,849

Bridging Loan Interest

£3,413

Total Cash In

£79,612

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£120,500

Mortgage (After Refinance)

£90,375

Mortgage LTV

75%

Cash Left In

£79,612

Equity

£30,125

Rent Range

£625 - £995

Rent Estimate

£827

Running Costs/mo

£562

Cashflow/mo

£265

Cashflow/yr

£3,180

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £58.6K to £350K, average is £131.3K. £833/m² to £3.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£122K10/200.05 mi589, Thornaby Road, Thornaby, Stockton-on-tees TS17 9HD3
£113.3K02/240.06 mi21, Princes Square, Thornaby, Stockton-on-tees TS17 9HS3
£130K04/240.06 mi43, Princes Square, Thornaby, Stockton-on-tees TS17 9HS3
£96K03/210.07 mi7, Cunningham Drive, Thornaby, Stockton-on-tees TS17 9HE3
£95K05/230.12 mi69, Vulcan Way, Thornaby, Stockton-on-tees TS17 9PE3
£72K10/200.12 mi39, Vulcan Way, Thornaby, Stockton-on-tees TS17 9PE3
£70K04/230.12 mi125, Vulcan Way, Thornaby, Stockton-on-tees TS17 9PE3
£135K04/210.12 mi21, Brechin Drive, Thornaby, Stockton-on-tees TS17 9HH3
£145K03/230.12 mi10, Brechin Drive, Thornaby, Stockton-on-tees TS17 9HH3
£136K02/210.12 mi18, Brechin Drive, Thornaby, Stockton-on-tees TS17 9HH3
£121K10/200.12 mi5, Brechin Drive, Thornaby, Stockton-on-tees TS17 9HH3
£145K07/230.12 mi21, Brechin Drive, Thornaby, Stockton-on-tees TS17 9HH3
£75K11/200.14 mi102, Vulcan Way, Thornaby, Stockton-on-tees TS17 9PF3
£70K05/210.14 mi60, Vulcan Way, Thornaby, Stockton-on-tees TS17 9PF3
£75K01/240.14 mi39, Woodford Walk, Thornaby, Stockton-on-tees TS17 0LT3
£76.5K05/210.15 mi10, Valiant Way, Thornaby, Stockton-on-tees TS17 9PB3
£105K12/220.19 mi64, Lancaster Way, Thornaby, Stockton-on-tees TS17 9NN3
£109K05/210.21 mi62, Marykirk Road, Thornaby, Stockton-on-tees TS17 9HN3
£110K12/230.26 mi66, Sherwood Road, Thornaby, Stockton-on-tees TS17 0DS3
£82K11/210.35 mi21, Ashdown Close, Thornaby, Stockton-on-tees TS17 0DU3
£92K08/210.35 mi100, Eltham Crescent, Thornaby, Stockton-on-tees TS17 9RG3
£275K03/240.35 mi10, Weaver Close, Ingleby Barwick, Stockton-on-tees TS17 0TW3
£110K02/210.36 mi2, Sapley Close, Thornaby, Stockton-on-tees TS17 0DZ3
£58.6K05/210.37 mi29, Hampden Way, Thornaby, Stockton-on-tees TS17 9NA3
£77K11/230.37 mi43, Hampden Way, Thornaby, Stockton-on-tees TS17 9NA3
£160K06/230.38 mi4, Burniston Drive, Thornaby, Stockton-on-tees TS17 0HB3
£200K11/210.4 mi3, Kintyre Drive, Thornaby, Stockton-on-tees TS17 0HN3
£220K11/230.4 mi3, Kintyre Drive, Thornaby, Stockton-on-tees TS17 0HN3
£350K09/230.4 mi23, Kintyre Drive, Thornaby, Stockton-on-tees TS17 0HN3
£154K11/200.4 mi12, Cayton Drive, Thornaby, Stockton-on-tees TS17 0HD3
£200K01/230.4 mi18, Kintyre Drive, Thornaby, Stockton-on-tees TS17 0HN3
£180K07/230.42 mi28, Bader Avenue, Thornaby, Stockton-on-tees TS17 0HQ3
£130K06/210.42 mi24, Bader Avenue, Thornaby, Stockton-on-tees TS17 0HQ3
£150K01/230.42 mi21, Bader Avenue, Thornaby, Stockton-on-tees TS17 0HQ3
£69.5K04/210.43 mi17, Starbeck Walk, Thornaby, Stockton-on-tees TS17 9RD3
£72.5K02/210.43 mi10, Starbeck Walk, Thornaby, Stockton-on-tees TS17 9RD3
£163K10/230.44 mi17, Rudston Close, Thornaby, Stockton-on-tees TS17 0EU3
£135K01/210.45 mi43, Lockton Crescent, Thornaby, Stockton-on-tees TS17 0HA3
£210K05/210.45 mi15, Otter Way, Ingleby Barwick, Stockton-on-tees TS17 0SP3
£145K03/210.45 mi3, Otter Way, Ingleby Barwick, Stockton-on-tees TS17 0SP3
£180K11/210.46 mi27, Hollybush Avenue, Ingleby Barwick, Stockton-on-tees TS17 0RL3
£185K10/230.46 mi25, Hollybush Avenue, Ingleby Barwick, Stockton-on-tees TS17 0RL3
£70K10/200.46 mi43, Eltham Crescent, Thornaby, Stockton-on-tees TS17 9RA3
£148K12/200.48 mi24, Badger Lane, Ingleby Barwick, Stockton-on-tees TS17 0RN3
£160K01/210.49 mi5, Carlton Drive, Thornaby, Stockton-on-tees TS17 0ET3
£90K11/220.5 mi75, Eltham Crescent, Thornaby, Stockton-on-tees TS17 9RA3
£172K09/210.5 mi39, Avens Way, Ingleby Barwick, Stockton-on-tees TS17 0SG3
£151K03/230.51 mi1, Castleton Walk, Thornaby, Stockton-on-tees TS17 0EN3
£167K07/230.51 mi29, Carlton Drive, Thornaby, Stockton-on-tees TS17 0EW3
£132.5K10/200.52 mi111, Thornwood Avenue, Ingleby Barwick, Stockton-on-tees TS17 0RS3

Local Rents

33 rents from £625/mo to £995/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85010/240.07 miHastings Close, Thornaby, STOCKTON-ON-TEES3
£62507/230.17 mi-3
£89504/240.44 mi-3
£75001/250.47 mi-3
£74503/250.48 mi-3
£69502/250.51 mi-3
£92511/240.76 mi-3
£75010/240.77 miFallow Close, Ingleby Barwick3
£90001/250.77 mi-3
£87504/240.78 mi-3
£99502/250.93 mi-3
£85010/240.97 miStoneacre Avenue, Ingleby Barwick, Stockton-On-Tees, TS173
£62510/241.01 miBriar Road,Thornaby,TS17 8NF3
£85010/241.03 miHadleigh Walk, Stockton-On-Tees3
£89512/241.07 mi-3
£63609/241.07 mi-3
£97510/241.1 miPennyroyal Road, STOCKTON-ON-TEES3
£80009/231.11 mi-3
£79503/241.11 mi-3
£85010/241.12 miFescue Close, Bowesfield Park3
£69510/241.13 mi-3
£78010/241.13 mi71 Mitchell Avenue, Thornaby, TS17 9DH3
£89510/241.14 miBourne Morton Drive, Stockton-On-Tees3
£92510/241.15 miBancroft Drive, Ingleby Barwick3
£94510/241.15 miGreensforge Drive, Ingleby Barwick3
£69510/241.16 mi-3
£75010/241.16 miRichmond Place, Thornaby3
£79510/241.16 miRichmond Place, Thornaby3
£90004/251.17 mi-3
£95010/241.19 mi-3
£95010/241.19 mi-3
£95003/251.19 mi-3
£85002/251.19 mi-3

Local Area Statistics

Population in TS17

44,647

Population in Stockton-on-Tees

149,709

Town centre distance

3.15 miles away

Nearest school

0.40 miles away

Nearest train station

2.03 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £130,000

December 5, 2024

Floor Plans

Description

  • SEMI DETACHED HOUSE +
  • 3 BEDROOMS +
  • CORNER PLOT +
  • DETACHED GARAGE AND DRIVEWAY +
  • GREAT POTENTIAL +
  • BOARDED LOFT +
  • NO ONWARD CHAIN +
  • GAS CENTRAL HEATING & FULLY DOUBLE GLAZED +

NO ONWARD CHAIN! We are delighted to bring to market this spacious three bedroom semi-detached family home in Thornaby. Situated on a desirable corner plot, this property offers fantastic potential for future extensions (subject to correct planning permission), making it ideal for families looking for a home they can grow into. Located close to local amenities, schools, and excellent transport links, this home offers convenience, comfort, and opportunity.

Upon entering the home, you are welcomed by a hallway, the ground floor offers a generously sized lounge with a gas fireplace. Adjacent to the lounge is a separate dining room, offering a versatile space. The kitchen is equipped with integrated appliances including a dishwasher, washing machine, oven, and a five-ring gas hob. From the kitchen, you have direct access to the rear garden.

Upstairs, the home has three well-proportioned bedrooms. The master bedroom featuring mirrored wardrobes that provide ample storage. Completing the upper floor is a shower room.

The low maintenance rear garden includes a decking area and for added convenience, there is direct access to the garage from the garden, providing extra storage or workshop options. Being situated on a corner plot, the home offers excellent potential.

Additional features include gas central heating and double glazing throughout. Off-street parking is provided by the driveway, with further convenience offered by the garage accessible from both the driveway and rear garden.

Hall -

Lounge - 5.28m x 4.04m (17'4" x 13'3" ) -

Dining Room - 3.28m x 2.64m (10'9" x 8'8") -

Kitchen - 3.18m x 2.41m (10'5" x 7'11") -

Landing -

Bedroom One - 4.06m x 3.07m (13'4" x 10'1") -

Bedroom Two - 3.30m x 3.07m (10'10" x 10'1") -

Bedroom Three - 3.00m x 1.96m (9'10" x 6'5") -

Shower Room - 1.93m x 1.88m (6'4" x 6'2") -

Agent Details

Gowland White, Stockton-On-Tees

01642 130138

Next Steps?

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