4 Bed Terraced House, Refurb/BRRR, Middlesbrough, TS6 8DA, £85,000

269, High Street, Eston, TS6 8DA - 4 months ago

Refurb/BRRR
ROI: 1%
~88 m²
+9 photos

ValuationUndervalued

Sold Prices£54K - £308K
Sold Prices/m²£664/m² - £2.2K/m²

 

 

Square Metres

~87.83 m²
Price/m²£968/m²

Value Estimate

£87,550
BMV3%

 

 

End Value (After Refurb)

£153,703

Uplift in Value

+81%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Refurb Costs

£34,657

Bridging Loan Interest

£2,231

Total Cash In

£65,338

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£153,703

Agent Fees (1%)

£1,537

Bridging Loan

£63,750

Bridging Loan Interest

£2,231

Flip Profit

£23,077

Local Sold Prices

21 sold prices from £54K to £308K, average is £170K. £664/m² to £2.2K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£210K12/220.2 mi12, Maygate, Middlesbrough, Redcar And Cleveland TS6 9LL4
£218.5K06/210.24 mi115, Meadowgate, Middlesbrough, Redcar And Cleveland TS6 9LD4
£65.5K02/210.28 mi9, Ainthorpe Road, Middlesbrough, Redcar And Cleveland TS6 8AY4
£200K04/210.29 mi19, Briargate, Middlesbrough, Redcar And Cleveland TS6 9NZ4
£183K10/230.29 mi11, Briargate, Middlesbrough, Redcar And Cleveland TS6 9NZ4
£186K10/220.33 mi228, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9JJ4
£155K12/230.36 mi12, Hills View Road, Middlesbrough, Redcar And Cleveland TS6 9JZ4
£140K08/230.54 mi17, Churchill Road, Middlesbrough, Redcar And Cleveland TS6 9PN4
£272K10/200.58 mi134, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9EN4
£193K06/230.59 mi107, Churchill Road, Middlesbrough, Redcar And Cleveland TS6 9PL4
£145K11/200.59 mi52, Jubilee Road, Middlesbrough, Redcar And Cleveland TS6 9HB4
£62K10/200.63 mi55, Attlee Road, Middlesbrough, Redcar And Cleveland TS6 7NA4
£308K07/230.65 mi61, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9EH4
£167K05/210.65 mi69, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9EH4
£112K04/210.68 mi87a, Barnaby Crescent, Middlesbrough, Redcar And Cleveland TS6 9HR4
£54K04/230.78 mi29, Cheddar Close, Middlesbrough, Redcar And Cleveland TS6 9SF4
£255K07/210.81 mi4, Blacksmiths Close, Middlesbrough, Redcar And Cleveland TS6 9TH4
£235K06/210.86 mi11, Bylands Road, Middlesbrough, Redcar And Cleveland TS6 9DR4
£170K09/210.87 mi27, High Street, Eston, Middlesbrough, Redcar And Cleveland TS6 9DZ4
£150K11/210.91 mi26, Windsor Road, Eston, Middlesbrough, Redcar And Cleveland TS6 0RE4
£93.3K07/230.96 mi12, Gordon Crescent, Middlesbrough, Redcar And Cleveland TS6 7QS4

Local Rents

13 rents from £600/mo to £850/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65003/250.29 mi-3
£75001/250.31 mi-3
£80010/240.31 miDanby Road, Whale Hill, Middlesbrough, TS6 8AX4
£77510/240.33 miWilton Way, Middlesbrough3
£85010/240.39 mi-3
£70009/240.47 mi-3
£65010/240.48 miRydal Avenue, Grangetown, Middlesbrough, TS63
£65002/240.48 mi-3
£65006/240.48 mi-3
£60009/240.48 mi-3
£62510/240.49 miLangdale Crescent, Eston3
£60010/240.54 miEdwards Street, Middlesbrough, TS63
£65011/230.6 mi-3

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

2.58 miles away

Nearest school

0.40 miles away

Nearest train station

2.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Price changed to £85,000

January 15, 2025

Listed for £90,000

December 11, 2024

Floor Plans

Description

  • MID-TERRACED +
  • FOUR BEDROOMS +
  • ON-STREET PARKING +
  • FRONT & REAR GARDENS +
  • RENOVATION WORK NEEDED +
  • VIEWINGS REQUIRED +

269, High Street Eston, TS6 8DA

We are acting in the sale of the above property and have received an offer of
£80,000 on the above property.

Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place

Hallway - Entering through a White UPVC double glazed door into a bright hallway which gains access to the first floor and reception room.

Reception Room - The reception room is large in size accommodating the space needed for a three-piece suite and storage units with ease. This room also benefits from a UPVC double-glazed window, radiator and fire surround.

Dining Room - The dining room benefits from a UPVC double glazed window looking onto the rear aspect of the property and flows into the kitchen. This area easily fits a large dining table and has a understair storage unit for convinience.

Kitchen - The kitchen comprises a number of wall, base and drawer units with light worktops and space needed for free-standing appliances.

Rear Hallway - The rear hallway gains access to the communal alley, rear garden and brick outhouse.

Landing - The landing gains access to the four bedrooms and family bathroom.

Bedroom One - The first bedroom is a large double with two UPVC double glazed windows and radiator.

Bedroom Two - The second bedroom is spacious with a UPVC double glazed window and radiator.

Bedroom Three - The third bedroom has a UPVC double glazed window and radiator

Bedroom Four - The fourth bedroom is a single and benefits from UPVC double glazed window and radiator.

Family Bathroom - The bathroom is in need of renovations and benefits from a three-piece suite and frosted window.

External - The property offers on-street parking with a front and rear garden

Agent Details

PH Estate Agents, Middlesbrough

01642 056292

Next Steps?

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