3 Bed Terraced House, Single Let, Middlesbrough, TS5 4RA, £100,000

Levick Crescent, Acklam, TS5 4RA - 4 months ago

Sold STC
BTL
ROI: 13%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£75K - £230K
Sold Prices/m²£1K/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£125,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£750 - £950

Rent Estimate

£850

Running Costs/mo

£503

Cashflow/mo

£348

Cashflow/yr

£4,170

ROI

13%

Gross Yield

10%

Local Sold Prices

53 sold prices from £75K to £230K, average is £135K. £1K/m² to £2.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£110K03/230.02 mi78, Levick Crescent, Middlesbrough TS5 4RA3
£100K05/210.03 mi11, Corby Avenue, Middlesbrough TS5 4RD3
£130K08/230.03 mi9, Corby Avenue, Middlesbrough TS5 4RD3
£115K02/230.08 mi16, Downside Road, Middlesbrough TS5 4QS3
£120K08/210.08 mi5, Endsleigh Drive, Middlesbrough TS5 4RG3
£110K01/230.09 mi19, Endsleigh Drive, Middlesbrough TS5 4RG3
£140K09/230.09 mi27, Downside Road, Middlesbrough TS5 4QT3
£112K06/230.1 mi8, Stoneyhurst Avenue, Middlesbrough TS5 4RE3
£93K08/230.1 mi43, Stoneyhurst Avenue, Middlesbrough TS5 4RE3
£101.5K07/230.1 mi20, Downside Road, Middlesbrough TS5 4QS3
£196.5K02/230.1 mi113, Mandale Road, Middlesbrough TS5 8AN3
£80K11/200.15 mi4, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QA3
£120K05/210.15 mi93, Chalford Oaks, Middlesbrough TS5 8QQ3
£190K02/230.15 mi17, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£199.9K08/230.15 mi27, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£199.9K08/230.15 mi27, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£93.5K07/210.15 mi53, Endsleigh Drive, Middlesbrough TS5 4RQ3
£135K07/230.16 mi21, Priory Road, Middlesbrough TS5 4RF3
£92K12/230.16 mi7, Priory Road, Middlesbrough TS5 4RF3
£82K02/210.17 mi29, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QB3
£156.5K04/240.18 mi60, Mandale Road, Middlesbrough TS5 8AS3
£147K08/220.18 mi36, Stoneleigh Avenue, Middlesbrough TS5 8AT3
£161K02/210.18 mi44, Chalford Oaks, Middlesbrough TS5 8QG3
£110K11/210.19 mi40, Ashford Avenue, Middlesbrough TS5 4QW3
£155K11/200.2 mi32, Asterley Drive, Middlesbrough TS5 8QE3
£170K08/230.2 mi39, Asterley Drive, Middlesbrough TS5 8QE3
£170K08/230.2 mi39, Asterley Drive, Middlesbrough TS5 8QE3
£148K06/230.21 mi13, Asterley Drive, Middlesbrough TS5 8QD3
£92K12/200.23 mi33, Collinson Avenue, Middlesbrough TS5 4QH3
£165K03/240.24 mi63, Mandale Road, Middlesbrough TS5 8AE3
£75K04/210.24 mi52, Pannell Avenue, Middlesbrough TS5 4PY3
£95K10/230.24 mi3, Pannell Avenue, Middlesbrough TS5 4PX3
£143.5K05/230.25 mi44, Preen Drive, Middlesbrough TS5 8AJ3
£97K12/230.26 mi8, Price Avenue, Middlesbrough TS5 4PU3
£182.5K03/230.27 mi5, Hadnall Close, Middlesbrough TS5 8QP3
£135K01/210.28 mi14, Minsterley Drive, Middlesbrough TS5 8QR3
£167K08/210.28 mi34, Minsterley Drive, Middlesbrough TS5 8QR3
£230K08/230.29 mi42, Heythrop Drive, Middlesbrough TS5 8QB3
£230K08/230.29 mi42, Heythrop Drive, Middlesbrough TS5 8QB3
£130K11/200.3 mi25, Farley Drive, Middlesbrough TS5 8QT3
£160K06/230.3 mi21, Minsterley Drive, Middlesbrough TS5 8QU3
£140K01/210.31 mi9, Croft Avenue, Middlesbrough TS5 8AH3
£80K06/210.33 mi44, Greenland Avenue, Middlesbrough TS5 4JW3
£95K04/230.33 mi61, Greenland Avenue, Middlesbrough TS5 4JW3
£194K12/210.34 mi157, Acklam Road, Middlesbrough TS5 5QH3
£170K11/200.38 mi57, Ruskin Avenue, Middlesbrough TS5 8PG3
£180K10/220.38 mi14, Appleton Road, Middlesbrough TS5 5HX3
£200K06/230.39 mi4, Mandale Road, Middlesbrough TS5 8AB3
£117.5K12/200.4 mi26, Balfour Terrace, Middlesbrough TS5 5HY3
£92K05/210.41 mi24, Greenland Avenue, Middlesbrough TS5 4JJ3
£150K08/230.42 mi6, Marion Avenue, Middlesbrough TS5 5JG3
£122.5K04/210.42 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£120K12/200.43 mi49, Appleton Road, Middlesbrough TS5 5JF3

Local Rents

15 rents from £750/mo to £950/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£85008/240.04 mi-3
£85009/240.04 mi-3
£85003/250.04 mi-3
£95003/250.18 mi-3
£75002/240.19 mi-3
£89504/240.27 mi-3
£95005/240.31 mi-3
£85003/250.38 mi-3
£85010/240.38 mi-3
£85010/240.38 miMiddlesbrough, Middlesbrough, TS53
£90003/250.47 mi-3
£90010/240.54 miEnnerdale Avenue, Middlesbrough, North Yorkshire, TS53
£95003/250.58 mi-3
£90010/240.59 miConiston Grove, Middlesbrough3
£95003/250.61 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

3.10 miles away

Nearest school

0.30 miles away

Nearest train station

1.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £100,000

December 9, 2024

Floor Plans

Description

  • GREAT FIRST TIME BUY +
  • BUY TO LET POTENTIAL +
  • EXCELLENT TS5 LOCATION +
  • GOOD COMMUNICATION LINKS +
  • GOOD LOCAL SCHOOLS +
  • PVCu DOUBLE GLAZING +
  • GAS CENTRAL HEATING VIA A COMBI +
  • GARDENS FRONT & REAR +
  • NO FORWARD CHAIN +
  • EPC RATING D +

QUOTE REF: IP0768 WHEN CALLING FOR MORE INFORMATION OR TO ARRANGE A VIEWING.  A spacious inner terraced home that offers the potential for improvement whilst providing an excellent opportunity for a host of potential buyers, not least the first time buyer looking for a first footing on the property ladder, and, the buy to let investor looking to tap into the active local rental market.  To be sold with no onward chain, it briefly comprises; hall, lounge, kitchen/breakfast room, utility room, ground floor wc.  The first floor has three bedrooms and a bathroom/wc.  Outside there is a front garden and a generous rear garden.  With pvcU double glazing and gas central heating via a combi boiler, an early viewing is recommended.

Agent Details

eXp UK, North East

03304 609968

Next Steps?

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