4 Bed Detached House, Refurb/BRRR, Stockton-on-Tees, TS17 5HB, £259,950

Preseli Grove, Ingleby Barwick, TS17 5HB - 4 months ago

Sold STC
Refurb/BRRR
~130 m²
+14 photos

ValuationFair Value

Sold Prices£170K - £395K
Sold Prices/m²£1.5K/m² - £2.8K/m²

 

 

Square Metres

~129.50 m²
Price/m²£2K/m²

Value Estimate

£259,950

 

 

End Value (After Refurb)

£280,991

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£64,988

Stamp Duty & Legal Fees

£17,195

Refurb Costs

£51,311

Bridging Loan Interest

£6,824

Total Cash In

£142,068

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£280,991

Mortgage (After Refinance)

£210,743

Mortgage LTV

75%

Cash Released

£15,780

Cash Left In

£126,287

Equity

£70,248

Rent Range

£785 - £1,700

Rent Estimate

£1,055

Running Costs/mo

£1,109

Cashflow/mo

£-54

Cashflow/yr

£-649

Gross Yield

5%

Local Sold Prices

50 sold prices from £170K to £395K, average is £253K. £1.5K/m² to £2.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£220K06/210.08 mi23, Crosswell Park, Ingleby Barwick, Stockton-on-tees TS17 5BE4
£240K12/200.08 mi12, Talbenny Grove, Ingleby Barwick, Stockton-on-tees TS17 5EB4
£300K02/230.1 mi36, Lawrenny Grove, Ingleby Barwick, Stockton-on-tees TS17 5EA4
£225K06/210.12 mi25, St Brides Court, Ingleby Barwick, Stockton-on-tees TS17 5HF4
£345K03/230.12 mi21, St Brides Court, Ingleby Barwick, Stockton-on-tees TS17 5HF4
£204.9K04/210.13 mi14, Penberry Gardens, Ingleby Barwick, Stockton-on-tees TS17 5ED4
£285K09/230.13 mi23, Penberry Gardens, Ingleby Barwick, Stockton-on-tees TS17 5ED4
£237K09/230.14 mi5, Penderyn Crescent, Ingleby Barwick, Stockton-on-tees TS17 5DD4
£256K03/210.16 mi17, Trevine Gardens, Ingleby Barwick, Stockton-on-tees TS17 5HD4
£278K02/230.17 mi12, Hatterall Court, Ingleby Barwick, Stockton-on-tees TS17 5DH4
£237K11/210.19 mi12, Clydach Grove, Ingleby Barwick, Stockton-on-tees TS17 5DE4
£280K09/210.2 mi25, St Davids Grove, Ingleby Barwick, Stockton-on-tees TS17 5HE4
£272K10/230.2 mi8, St Davids Grove, Ingleby Barwick, Stockton-on-tees TS17 5HE4
£205K12/200.22 mi5, Blorenge Court, Ingleby Barwick, Stockton-on-tees TS17 5DL4
£206K11/200.22 mi43, Hasguard Way, Ingleby Barwick, Stockton-on-tees TS17 5HG4
£340K04/210.24 mi18, Caldey Gardens, Ingleby Barwick, Stockton-on-tees TS17 5HW4
£315K09/230.24 mi24, Caldey Gardens, Ingleby Barwick, Stockton-on-tees TS17 5HW4
£263K08/230.24 mi57, Bernica Grove, Ingleby Barwick, Stockton-on-tees TS17 0FR4
£217K08/210.25 mi45, Hareshaw Close, Ingleby Barwick, Stockton-on-tees TS17 0GZ4
£225K06/210.25 mi22, Hareshaw Close, Ingleby Barwick, Stockton-on-tees TS17 0GZ4
£235K11/200.25 mi28, Hareshaw Close, Ingleby Barwick, Stockton-on-tees TS17 0GZ4
£275K07/230.26 mi54, Nevern Crescent, Ingleby Barwick, Stockton-on-tees TS17 5EX4
£264K02/210.26 mi15, Nevern Crescent, Ingleby Barwick, Stockton-on-tees TS17 5EX4
£230K01/230.27 mi3, Cribyn Close, Ingleby Barwick, Stockton-on-tees TS17 5EQ4
£328K10/210.29 mi20, Newgale Close, Ingleby Barwick, Stockton-on-tees TS17 5EZ4
£300K12/230.29 mi1, Newgale Close, Ingleby Barwick, Stockton-on-tees TS17 5EZ4
£229.9K03/210.3 mi24, Newport Close, Ingleby Barwick, Stockton-on-tees TS17 5HT4
£203.7K11/200.3 mi22, Newport Close, Ingleby Barwick, Stockton-on-tees TS17 5HT4
£240K07/210.32 mi10, Talybont Grove, Ingleby Barwick, Stockton-on-tees TS17 5EH4
£230K10/210.34 mi22, Brecon Crescent, Ingleby Barwick, Stockton-on-tees TS17 5DA4
£287K08/230.34 mi9, Libanus Court, Ingleby Barwick, Stockton-on-tees TS17 5EL4
£210K11/200.38 mi18, Cambrian Court, Ingleby Barwick, Stockton-on-tees TS17 5DS4
£395K09/230.39 mi5, Foreland Point, Ingleby Barwick, Stockton-on-tees TS17 0FN4
£260K02/210.39 mi1, Foreland Point, Ingleby Barwick, Stockton-on-tees TS17 0FN4
£205K01/210.4 mi10, Sugarloaf Close, Ingleby Barwick, Stockton-on-tees TS17 5DZ4
£240K05/210.41 mi1, Holystone Drive, Ingleby Barwick, Stockton-on-tees TS17 0PW4
£170K07/230.42 mi10, Wetherfell Close, Ingleby Barwick, Stockton-on-tees TS17 0QH4
£205K09/210.43 mi12, Dunmoor Grove, Ingleby Barwick, Stockton-on-tees TS17 0QW4
£249.9K06/210.44 mi23, Marchlyn Crescent, Ingleby Barwick, Stockton-on-tees TS17 5DP4
£245K08/230.44 mi66, Marchlyn Crescent, Ingleby Barwick, Stockton-on-tees TS17 5DP4
£315K12/200.44 mi21, Marchlyn Crescent, Ingleby Barwick, Stockton-on-tees TS17 5DP4
£275K05/230.44 mi20, Marchlyn Crescent, Ingleby Barwick, Stockton-on-tees TS17 5DP4
£270K11/200.46 mi10, Dovey Court, Ingleby Barwick, Stockton-on-tees TS17 5EN4
£272.1K02/230.49 mi29, Bonnyrigg Close, Ingleby Barwick, Stockton-on-tees TS17 0PG4
£375K09/230.49 mi35, Challacombe Crescent, Ingleby Barwick, Stockton-on-tees TS17 0NE4
£282.5K06/230.49 mi20, Challacombe Crescent, Ingleby Barwick, Stockton-on-tees TS17 0NE4
£250K07/230.5 mi14, Bonnyrigg Close, Ingleby Barwick, Stockton-on-tees TS17 0PG4
£390K03/210.5 mi24, Snowdon Grove, Ingleby Barwick, Stockton-on-tees TS17 5DU4
£275K07/230.51 mi18, Allerford Close, Ingleby Barwick, Stockton-on-tees TS17 0FH4
£245K09/210.52 mi6, Simonside Grove, Ingleby Barwick, Stockton-on-tees TS17 0PE4

Local Rents

18 rents from £785/mo to £1.7K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95007/240.04 mi-3
£1,40010/240.1 miSt. Brides Court, Ingleby Barwick, Stockton-on-Tees, Durham, TS174
£87510/240.15 mi-4
£87506/240.17 mi-3
£1,25010/240.19 miSt. Davids Grove, Ingleby Barwick, Stockton-On-Tees4
£82509/230.29 mi-3
£1,39512/240.3 mi-4
£82510/240.33 miRochester Court, Ingleby Barwick3
£78510/240.34 miVaynor Drive, Ingleby Barwick3
£85010/240.35 mi-3
£1,49503/250.5 mi-4
£1,20010/240.55 mi-4
£95010/240.59 mi-3
£95010/240.59 mi-3
£95002/250.59 mi-3
£89509/240.6 mi-3
£1,70010/240.61 miStanegate Avenue, Ingleby Barwick4
£82510/240.61 miIngleborough Lane, Ingleby Barwick, Stockton-On-Tees3

Local Area Statistics

Population in TS17

44,647

Population in Stockton-on-Tees

149,709

Town centre distance

4.18 miles away

Nearest school

0.40 miles away

Nearest train station

1.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Price changed to £259,950

January 15, 2025

Listed for £269,950

December 19, 2024

Floor Plans

Description

  • Offered For Sale with No Chain, A Spacious Well Planned Family Size Four Bedroom Detached House in Very Pleasant Quiet Cul-De-Sac Surroundings +
  • Sensibly Priced for An Early Sale +
  • Modernisation Required +
  • Good Size, Larger Than Usual West Facing Rear Garden & Ample Car Parking Space at The Front +
  • Four Bedrooms Are Complemented by Two En-Suite Shower Rooms & There Is a Family Bathroom with White Suite +
  • Lounge with Front Bay Window & Separate Dining Room +
  • Double Glazed Conservatory & Cloakroom/WC +
  • Spacious Breakfast Kitchen with A Range of Fitted Units +
  • Integral Single Garage +
  • UPVC Double Glazing & Gas Central Heating System +

Sensibly priced for an early sale, a spacious, well planned family size four bedroom detached house in very pleasant quiet cul-de-sac surroundings with good size, larger than usual rear garden and ample car parking space at the front.

Tenure - Freehold

Council Tax Band D

Agent Details

Michael Poole, Ingleby Barwick

01642 056949

Next Steps?

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