3 Bed Semi-Detached House, Refurb/BRRR, Middlesbrough, TS7 8QQ, £180,000

Monarch Grove, Marton, TS7 8QQ - 2 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£126K - £465K
Sold Prices/m²£1.5K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£183,479

 

 

End Value (After Refurb)

£186,945

Uplift in Value

+4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£36,697

Bridging Loan Interest

£4,725

Total Cash In

£94,772

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£186,945

Mortgage (After Refinance)

£140,209

Mortgage LTV

75%

Cash Released

£5,209

Cash Left In

£89,563

Equity

£46,736

Rent Range

£595 - £1,950

Rent Estimate

£850

Running Costs/mo

£774

Cashflow/mo

£76

Cashflow/yr

£910

ROI

1%

Gross Yield

6%

Local Sold Prices

52 sold prices from £126K to £465K, average is £180K. £1.5K/m² to £3.2K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£170K01/210.01 mi39, Monarch Grove, Marton In Cleveland, Middlesbrough TS7 8QQ3
£218K09/230.01 mi4, Monarch Grove, Marton In Cleveland, Middlesbrough TS7 8QQ3
£183K12/230.01 mi3, Monarch Grove, Marton In Cleveland, Middlesbrough TS7 8QQ3
£167.5K11/230.04 mi43, Lambourne Drive, Marton In Cleveland, Middlesbrough TS7 8QF3
£180K09/230.04 mi30, Maidstone Drive, Marton In Cleveland, Middlesbrough TS7 8QW3
£177K09/230.04 mi9, Maidstone Drive, Marton In Cleveland, Middlesbrough TS7 8QW3
£177.6K07/220.05 mi2, Maidstone Drive, Marton In Cleveland, Middlesbrough TS7 8QW3
£140K03/210.07 mi6, Orleans Grove, Marton In Cleveland, Middlesbrough TS7 8QH3
£160K03/210.08 mi43, Sandling Court, Marton In Cleveland, Middlesbrough TS7 8QP3
£167K12/230.08 mi14, Sandling Court, Marton In Cleveland, Middlesbrough TS7 8QP3
£167K12/230.08 mi14, Sandling Court, Marton In Cleveland, Middlesbrough TS7 8QP3
£195.6K12/220.1 mi8, Planetree Court, Middlesbrough TS7 8QT3
£142K03/210.1 mi16, Orleans Grove, Marton In Cleveland, Middlesbrough TS7 8QH3
£130K03/210.1 mi41, Planetree Court, Middlesbrough TS7 8QT3
£180K09/220.1 mi22, Margill Close, Marton In Cleveland, Middlesbrough TS7 8QG3
£155K12/200.11 mi14, Barnack Avenue, Marton In Cleveland, Middlesbrough TS7 8QB3
£179K03/210.16 mi83, The Willows, Marton In Cleveland, Middlesbrough TS7 8BP3
£168K05/230.17 mi13, Elm Drive, Marton In Cleveland, Middlesbrough TS7 8BN3
£183K03/210.18 mi66, The Willows, Marton In Cleveland, Middlesbrough TS7 8BS3
£140K01/210.18 mi13, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BU3
£190K02/230.18 mi13, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BU3
£180K08/230.18 mi49, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BU3
£190K12/220.19 mi29, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BU3
£212K01/230.2 mi5, Lime Close, Marton In Cleveland, Middlesbrough TS7 8BW3
£145K12/220.2 mi112, Birchwood Road, Marton In Cleveland, Middlesbrough TS7 8DH3
£175K11/200.21 mi72, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BX3
£126K05/230.24 mi5, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BT3
£211K02/230.24 mi34, Chestnut Drive, Marton In Cleveland, Middlesbrough TS7 8BT3
£195K12/230.26 mi2, Laurel Road, Marton In Cleveland, Middlesbrough TS7 8BH3
£170K01/210.26 mi127, Birchwood Road, Marton In Cleveland, Middlesbrough TS7 8DE3
£246K02/230.27 mi4, Gypsy Lane, Marton In Cleveland, Middlesbrough TS7 8NG3
£220K05/210.3 mi78, Gypsy Lane, Marton In Cleveland, Middlesbrough TS7 8NH3
£255K07/210.31 mi29a, Stokesley Road, Marton In Cleveland, Middlesbrough TS7 8DT3
£195K11/210.31 mi51, Stokesley Road, Marton In Cleveland, Middlesbrough TS7 8DT3
£155K03/210.32 mi45, Birchwood Road, Marton In Cleveland, Middlesbrough TS7 8DD3
£165K06/230.32 mi23, Birchwood Road, Marton In Cleveland, Middlesbrough TS7 8DD3
£220K04/240.32 mi7, Melbourne Close, Marton In Cleveland, Middlesbrough TS7 8NL3
£220K04/240.32 mi7, Melbourne Close, Marton In Cleveland, Middlesbrough TS7 8NL3
£220K02/230.32 mi22, Melbourne Close, Marton In Cleveland, Middlesbrough TS7 8NL3
£208.5K07/210.32 mi42, Tasmania Square, Marton In Cleveland, Middlesbrough TS7 8NS3
£205K11/230.32 mi24, Tasmania Square, Marton In Cleveland, Middlesbrough TS7 8NS3
£161K11/230.32 mi26, Tasmania Square, Marton In Cleveland, Middlesbrough TS7 8NS3
£170K12/230.34 mi1, Tasmania Square, Marton In Cleveland, Middlesbrough TS7 8NP3
£230K12/230.35 mi116, Gypsy Lane, Marton In Cleveland, Middlesbrough TS7 8PD3
£180K02/210.35 mi39, Captain Cooks Crescent, Marton In Cleveland, Middlesbrough TS7 8NN3
£210K04/230.35 mi34, Farington Drive, Marton In Cleveland, Middlesbrough TS7 8PH3
£465K04/210.35 mi24, The Grove, Marton In Cleveland, Middlesbrough TS7 8AA3
£145K06/230.37 mi39, Thurnham Grove, Marton In Cleveland, Middlesbrough TS7 8PT3
£225K08/210.37 mi4, The Croft, Marton In Cleveland, Middlesbrough TS7 8DY3
£175K03/240.39 mi2, Hulton Close, Marton In Cleveland, Middlesbrough TS7 8PG3
£205K04/230.4 mi2, Pinewood Road, Marton In Cleveland, Middlesbrough TS7 8DB3
£170K03/210.4 mi10, Ribbleton Close, Marton In Cleveland, Middlesbrough TS7 8PQ3

Local Rents

42 rents from £595/mo to £1.9K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£1,09502/250.14 mi-3
£1,20010/240.4 miGunnergate Lane, Middlesbrough, North Yorkshire, TS73
£1,15004/250.48 mi-3
£80010/240.65 miSunstar Grove, Marton Manor3
£72510/240.72 mi-3
£85011/240.77 mi-3
£75010/240.86 miWindleston Drive, Middlesbrough 3
£95002/240.9 mi-3
£95004/250.9 mi-3
£95012/240.9 mi-3
£67509/230.9 mi-3
£62511/240.92 mi-3
£73510/240.94 mi-3
£1,20004/250.97 mi-3
£89503/251 mi-3
£85012/241 mi-3
£85012/241 mi-3
£69509/241.05 mi-3
£1,19510/241.06 miBeverley Road, Nunthorpe3
£70010/241.06 miGilmonby Road, Middlesbrough, TS33
£85010/241.06 miOrmesby Bank, Ormesby3
£92511/241.08 mi-3
£92511/241.08 mi-3
£92511/241.08 mi-3
£69510/241.09 miFelby Avenue, MIDDLESBROUGH3
£85002/251.1 mi-3
£65009/231.11 mi-3
£1,95007/241.11 mi-3
£75010/241.13 mi-3
£99510/241.13 miBracken Grange, Middlesbrough, TS43
£99510/241.13 miBracken Grange, Middlesbrough, TS43
£85011/241.15 mi-3
£85012/241.15 mi-3
£85011/241.15 mi-3
£59502/241.16 mi-3
£61510/241.17 mi-3
£67502/241.18 mi-3
£85008/231.18 mi-3
£1,10005/241.18 mi-3
£67510/241.2 miBollington Road, Middlesbrough3
£60002/241.2 mi-3
£85011/241.23 mi-3

Local Area Statistics

Population in TS7

22,058

Population in Middlesbrough

189,245

Town centre distance

1.18 miles away

Nearest school

0.30 miles away

Nearest train station

0.56 miles away

 

 

Rental growth (12m)

+53%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £180,000

December 20, 2024

Sold for £55,500

1999

Floor Plans

Description

  • Ample storage and flexible layout options. +
  • Perfect for modern family life. +
  • Move-in ready with no work required. +
  • Well-maintained, light, and airy interior. +

About this property… This three-bedroom semi-detached property. With lots of natural light, it boasts a spacious and inviting atmosphere, complete with plenty of storage and a flexible layout tailored to your needs. This move-in ready gem requires no renovations, offering you a seamless transition and the exciting opportunity to personalise and upgrade it in the future. About this location… The leafy suburb of Marton is a long-established and highly regarded residential location. The area offers a great mix of amenities and attractions which include: Stewart Park, Marton Shopping Parade, several public houses, football & cricket clubs, and the multi-million pound Middlesbrough Sports Village. Entrance Hallway PVCu entry door with staircase to the first floor with storage beneath and additional storage. Karndean floors. Lounge diner Modern fire surround with an electric fire inset and front aspect PVCu double-glazed bow window. French-style PVCu double-glazed doors lead to the conservatory. Karndean floors. Conservatory Rear aspect PVCu double-glazed windows and French-style PVCu doors lead to the rear garden. Kitchen diner Comprising a smart range of fitted base and wall units with matching work surfaces and coordinated tiled splashbacks. Appliances to include: integrated dishwasher; stainless steel sink with a drainer, rinse bowl and mixer tap; single electric oven; four-ring gas hob with an extractor hood above. Space for dining table. French-style PVCu double-glazed doors open onto the rear garden. Personnel door into the garage. Karndean floors. First floor Bedroom one Front aspect PVCu double-glazed window. Bedroom two Rear aspect PVCu double-glazed window. Bedroom three Front aspect PVCu double-glazed window. Bathroom White suite comprising: pedestal wash hand basin with mixer tap; panelled bath with a mixer tap and wall-mounted electric shower; and close coupled WC with button flush. Chrome heated towel rail. Externally Parking Paved driveway providing off-street parking. Integral single garage Up-and-over entry door power supply and lighting. Personnel door into the kitchen diner. Garden This outdoor space features a lush lawn complemented by stunning gravelled and patio areas, all secured by charming fenced boundaries for your privacy and enjoyment. General information Local authority: Middlesbrough   Council tax band: C Tenure: Freehold Disclaimer Harvey Brooks Properties Ltd (the Company). The Company for itself and for the vendor(s) or lessor(s) of this property for whom it acts as Agents gives notice that: (i) The particulars are a general outline only for the guidance of intending purchasers or lessees and do not constitute an offer or contract (ii) All descriptions are given in good faith and are believed to be correct, but any prospective purchasers or lessees should not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness (iii) All measurements of rooms contained within these particulars should be taken as approximate and it is the responsibility of the prospective purchaser or lessee or his professional advisor to determine the exact measurements and details as required prior to Contract (iv) None of the property's services or service installations have been tested and are not warranted to be in working order (v) No employee of the Company has any authority to make or give any representation or warranty whatsoever in relation to the property.

Agent Details

Harvey Brooks, Marton

01642 056339

Next Steps?

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