2 Bed Flat, Single Let, Middlesbrough, TS5 5DS, £85,000
Dorman Gardens, Middlesbrough, TS5 5DS - 3 views - 4 months ago
Leasehold
BTL
ROI: 10%
~68 m²





+5 photos
ValuationUndervalued
Sold Prices | £55K - £134K |
Sold Prices/m² | £747/m² - £2K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.2K/m² |
Value Estimate | £101,220 |
BMV | 19% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £21,250 |
Stamp Duty & Legal Fees | £3,750 |
Total Cash In | £25,000 |
| |
Cash Out | |
Rent Range | £500 - £895 |
Rent Estimate | £628 |
Running Costs/mo | £411 |
Cashflow/mo | £217 |
Cashflow/yr | £2,601 |
ROI | 10% |
Gross Yield | 9% |
Local Sold Prices
34 sold prices from £55K to £134K, average is £82K. £747/m² to £2K/m², average is £1.5K/m².
Local Rents
21 rents from £500/mo to £895/mo, average is £700/mo.
Local Area Statistics
Population in TS5 | 39,387 |
Population in Middlesbrough | 189,245 |
Town centre distance | 2.31 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.71 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +10% |
Sales demand | Balanced market |
Capital growth (5yrs) | +11% |
Property History
Listed for £85,000
December 26, 2024
Floor Plans

Description
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