4 Bed Detached House, Refurb/BRRR, Middlesbrough, TS7 8QP, £189,500

Sandling Court, Middlesbrough, North Yorkshire, TS7 8QP - 3 months ago

Under Offer
Refurb/BRRR
~129 m²
+9 photos

ValuationFair Value

Sold Prices£160K - £675K
Sold Prices/m²£1.4K/m² - £3.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.5K/m²

Value Estimate

£193,290

 

 

End Value (After Refurb)

£266,044

Uplift in Value

+40%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,375

Stamp Duty & Legal Fees

£6,885

Refurb Costs

£51,004

Bridging Loan Interest

£4,974

Total Cash In

£111,989

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£266,044

Mortgage (After Refinance)

£199,533

Mortgage LTV

75%

Cash Released

£57,408

Cash Left In

£54,581

Equity

£66,511

Rent Range

£595 - £1,995

Rent Estimate

£922

Running Costs/mo

£1,036

Cashflow/mo

£-114

Cashflow/yr

£-1,365

Gross Yield

6%

Local Sold Prices

50 sold prices from £160K to £675K, average is £251K. £1.4K/m² to £3.6K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£180K09/210 mi23, Sandling Court, Marton In Cleveland, Middlesbrough TS7 8QP4
£178K08/210.11 mi33, Lambourne Drive, Marton In Cleveland, Middlesbrough TS7 8QF4
£675K01/210.16 mi27, The Grove, Marton In Cleveland, Middlesbrough TS7 8AF4
£235K03/210.18 mi11, Barnack Avenue, Marton In Cleveland, Middlesbrough TS7 8QB4
£175K03/210.21 mi9, Cutler Close, Marton In Cleveland, Middlesbrough TS7 8QD4
£400K01/210.21 mi48a, The Grove, Marton In Cleveland, Middlesbrough TS7 8AG4
£285K08/210.23 mi9, Cleveland Drive, Marton In Cleveland, Middlesbrough TS7 8AE4
£303.8K05/210.23 mi10, Cleveland Drive, Marton In Cleveland, Middlesbrough TS7 8AE4
£221K07/230.24 mi1, Bramley Grove, Marton In Cleveland, Middlesbrough TS7 8QA4
£425K02/210.29 mi9, The Grove, Marton In Cleveland, Middlesbrough TS7 8AB4
£370K06/210.3 mi2, The Grove, Marton In Cleveland, Middlesbrough TS7 8AA4
£386K10/220.32 mi19, Stokesley Road, Marton In Cleveland, Middlesbrough TS7 8DT4
£620K02/210.37 mi50, The Grove, Marton In Cleveland, Middlesbrough TS7 8AJ4
£190K12/200.46 mi3, Rufford Close, Marton In Cleveland, Middlesbrough TS7 8PF4
£260K05/210.46 mi20, Cedar Road, Marton In Cleveland, Middlesbrough TS7 8DA4
£200K05/210.46 mi5, Cloverwood Close, Marton In Cleveland, Middlesbrough TS7 8AZ4
£218K08/230.5 mi1, Galgate Close, Marton In Cleveland, Middlesbrough TS7 8PX4
£340K09/230.55 mi62, Gunnergate Lane, Marton In Cleveland, Middlesbrough TS7 8JB4
£252K07/210.57 mi4, Weaverthorpe, Nunthorpe, Middlesbrough TS7 0PU4
£215K09/210.57 mi19, Weaverthorpe, Nunthorpe, Middlesbrough TS7 0PU4
£255K11/200.57 mi18, Boston Drive, Marton In Cleveland, Middlesbrough TS7 8LZ4
£225K11/200.57 mi10, Boston Drive, Marton In Cleveland, Middlesbrough TS7 8LZ4
£392.1K03/230.59 mi30, Grange Crescent, Marton In Cleveland, Middlesbrough TS7 8EB4
£160K06/230.61 mi103, Gunnergate Lane, Marton In Cleveland, Middlesbrough TS7 8JA4
£245K04/210.61 mi65, Gunnergate Lane, Marton In Cleveland, Middlesbrough TS7 8JA4
£330K06/210.62 mi19, Tewkesbury Avenue, Marton In Cleveland, Middlesbrough TS7 8NB4
£205K10/200.63 mi89, Cookgate, Nunthorpe, Middlesbrough TS7 0RQ4
£255K02/210.63 mi93, Cookgate, Nunthorpe, Middlesbrough TS7 0RQ4
£205K11/210.63 mi14, Sorrel Court, Marton In Cleveland, Middlesbrough TS7 8RZ4
£210K07/230.65 mi14, Jasmine Grove, Marton In Cleveland, Middlesbrough TS7 8SN4
£197.5K03/230.65 mi72, Mallowdale, Nunthorpe, Middlesbrough TS7 0RG4
£207K09/210.66 mi6, Torver Mount, Marton In Cleveland, Middlesbrough TS7 8PL4
£260K07/210.66 mi55, Trefoil Wood, Marton In Cleveland, Middlesbrough TS7 8RR4
£305K03/210.66 mi23, Celandine Close, Marton In Cleveland, Middlesbrough TS7 8RX4
£205K04/210.68 mi7, High Gill Road, Nunthorpe, Middlesbrough TS7 0DZ4
£220K10/210.68 mi32, Skiddaw Court, Nunthorpe, Middlesbrough TS7 0RD4
£265K03/210.7 mi6, Leckfell Close, Nunthorpe, Middlesbrough TS7 8PW4
£240K09/210.71 mi10, Erica Grove, Marton In Cleveland, Middlesbrough TS7 8RY4
£250K11/200.72 mi3, The Resolution, Nunthorpe, Middlesbrough TS7 0HZ4
£271.5K06/230.73 mi4, Tirril Way, Nunthorpe, Middlesbrough TS7 8PN4
£255K09/210.73 mi1, Rutland Avenue, Marton In Cleveland, Middlesbrough TS7 8JY4
£245K11/210.73 mi11, Rutland Avenue, Marton In Cleveland, Middlesbrough TS7 8JY4
£330K11/200.74 mi12, Hammond Close, Marton In Cleveland, Middlesbrough TS7 8HL4
£335K10/230.74 mi6, Hammond Close, Marton In Cleveland, Middlesbrough TS7 8HL4
£210K08/210.74 mi7, Alan Peacock Way, Middlesbrough TS4 3AE4
£215K10/210.74 mi4, The Endeavour, Nunthorpe, Middlesbrough TS7 0HY4
£272.5K01/210.74 mi2, The Endeavour, Nunthorpe, Middlesbrough TS7 0HY4
£330K07/210.75 mi16, Marton Avenue, Middlesbrough TS4 3SQ4
£240K04/230.75 mi12, Hastings Close, Nunthorpe, Middlesbrough TS7 0AW4
£265K03/210.75 mi24, Marlborough Road, Marton In Cleveland, Middlesbrough TS7 8LB4

Local Rents

50 rents from £595/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£1,09503/250.22 mi-3
£1,20010/240.42 miGunnergate Lane, Middlesbrough, North Yorkshire, TS73
£1,70010/240.55 miThe Grove, Marton4
£80010/240.6 miSunstar Grove, Marton Manor3
£72510/240.69 mi-3
£85011/240.69 mi-3
£1,69503/250.7 mi-5
£75010/240.79 miWindleston Drive, Middlesbrough 3
£67509/230.84 mi-3
£62512/240.85 mi-3
£1,99510/240.88 miChesterfield Drive, Marton-in-Cleveland5
£73510/240.89 mi-3
£85001/250.93 mi-3
£85001/250.93 mi-3
£1,50003/250.94 mi-4
£95002/240.97 mi-3
£95012/240.97 mi-3
£69509/240.98 mi-3
£1,30002/250.99 mi-4
£70010/240.99 miGilmonby Road, Middlesbrough, TS33
£92512/241.01 mi-3
£92512/241.01 mi-3
£92512/241.01 mi-3
£69510/241.01 miFelby Avenue, MIDDLESBROUGH3
£89503/251.03 mi-3
£65009/231.04 mi-3
£1,95007/241.04 mi-3
£99510/241.06 miBracken Grange, Middlesbrough, TS43
£99510/241.06 miBracken Grange, Middlesbrough, TS43
£85010/241.08 miOrmesby Bank, Ormesby3
£85002/251.08 mi-3
£85011/241.1 mi-3
£85001/251.1 mi-3
£85011/241.1 mi-3
£85008/231.11 mi-3
£1,10005/241.11 mi-3
£1,19510/241.12 miBeverley Road, Nunthorpe3
£67510/241.13 miBollington Road, Middlesbrough3
£60002/241.13 mi-3
£59502/241.13 mi-3
£67502/241.14 mi-3
£85011/241.16 mi-3
£75010/241.17 mi-3
£61510/241.18 mi-3
£99510/241.19 miBracken Grange, Middlesbrough, TS43
£99510/241.19 miBracken Grange, Middlesbrough, TS43
£1,10010/241.19 mi-3
£1,40011/241.19 mi-4
£62510/241.2 miMarham Close, Middlesbrough, TS33
£70012/241.21 mi-3

Local Area Statistics

Population in TS7

22,058

Population in Middlesbrough

189,245

Town centre distance

1.12 miles away

Nearest school

0.30 miles away

Nearest train station

0.61 miles away

 

 

Rental growth (12m)

+53%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £189,500

January 2, 2025

Floor Plans

Description

  • With no onward chain and vacant possession upon completion - chain free! +
  • A wonderful FOUR bed family home ripe for improvement offering the chance to put your own stamp on +
  • Occupying a wider than average site with a rear ground floor extension offering larger, more useful kitchen and dining room +
  • Warmed by gas central heating system, uPVC sealed unit double glazing +
  • Competitively priced for a quick sale - ready to view for those in a position to proceed +
  • Buyers pack +

BUYERS MARKETING PACK AVAILABLE BY CLICKING ON THE VIRTUAL TOUR LINK

No onward chain...

DRAFT PARTICULARS.

A larger than average, extended DETACHED family home originally dating back to the 1970's constructed by Barratt Developments Ltd., within the pleasant and popular area occupying a wider than average site with a rear ground floor extension which offers a larger and more useful kitchen and dining room - with lots of potential throughout. With no chain and vacant possession upon completion.

Having been lovingly cared for by the present owner since built, the property is in need of updating throughout and is ripe for improvement with an ideal opportunity to put your own stamp on, in fact larger four bedroom homes with the ability to vastly update, are rarely available within this particular and very popular cul-de-sac location.  

Marton is a sought after residential area with well regarded schools and easy accessible local amenities and extremely popular with families, being close to North Yorkshire and Teesside links.

Accommodation all of which must be viewed to be appreciated includes;  an L-shaped Entrance Hallway, Shower Room/wc, dual aspect Living Room, separate extended Dining Room giving access to the rear Conservatory and garden and a large, extended Breakfast Kitchen with a range of units and access to the garage, compliment the ground floor.  To the First Floor there are four spacious Bedrooms (the smaller having a sliding wardrobe) and a three piece Bathroom with white coloured suite.   Externally there is a side driveway, integral garage and mature gardens to the front and rear which are in need of some TLC - all situated within a pleasant cul-de-sac location.

Warmed by gas central Gas Central Heating to radiators, uPVC sealed unit Double Glazing, extended Reception Rooms to the ground floor
 
Viewing comes highly recommend to those in a position to proceed.

ACCOMMODATION

GROUND FLOOR

L-Shaped Hallway
uPVC double glazed entrance door, radiator, ample under stairs storage cupboard, thermostatic control for central heating and turning staircase leading to the first floor level.

Shower Room / wc
With low flush wc and vanity wash hand basin, radiator, uPVC double glazed window to the front aspect, separate shower cubicle, coved and textured ceiling.

Living room    6.07m x 3.45m
Front aspect uPVC double glazed window and dual aspect uPVC double glazed widow to rear, 2 radiators, Adams style incorporating a coal effect gas fire, coved and textured ceiling.

Extended Dining Room        4.88m x 2.74m
uPVC double glazed sliding patio doors to Conservatory and rear garden, radiator, serving hatch to kitchen.

Extended Breakfast Kitchen        5.79m x 2.883m
Fitted with a matching range of white wooden fronted wall and base units with laminate effect work surfaces, tiled splash backs, single bowl sink unit with mixer tap, built-in eye level double electric oven and four ring gas hob with overhead extractor hood, serving hatch, uPVC double glazed window to rear, space and plumbing for washing machine and dishwasher, space for breakfast table, radiator and courtesy door to the garage.

FIRST FLOOR

Landing Area.
Light and airy with uPVC double glazed window to front aspect and hatch access to the loft space.

Bedroom 1           4.50m x 3.19m    
uPVC double glazed window to front with with views beyond, radiator, coved and textured ceiling.

Bedroom 2           3.38m x 2.79m
uPVC double glazed window to the front with views, radiator, coved and textured ceiling.

Bedroom 3            3.24m x 2.14m
uPVC double glazed window to the rear with views towards the hills, radiator, coved and textured ceiling.

Bedroom 4            2.66m x 1.67m
uPVC double glazed window to rear, sliding double wardrobe and radiator.

Bathroom/wc        2.79m x 2.71m
Three piece white suite comprising: low flush wc, pedestal wash hand basin , panelled bath, part tiled walls, textured ceiling, radiator and uPVC window to rear aspect.

EXTERNALLY:

Front Garden
Well established with conifer hedging and side path.

Side Drive
Width single driveway leading to the garage.

Integral Garage
With access door (currently not in use and in need of replacing by new owners) courtesy door to kitchen.

Rear Garden
Enclosed rear garden offering low maintenance being mainly paved and gravelled with a wrap around pathway and access to the side and front, stocked planting.

EXTRAS:  All fitted carpets as described are to be included in the sale.

VIEWING ARRANGEMENTS:  Strictly by Appointment with the Sole Agent.

TENURE:   Freehold

SERVICES:   Mains water, gas and electricity are connected. None of these services have been tested by the Agent.

LOCAL AUTHORITY:   Redcar and Cleveland Borough Council.

COUNCIL TAX ASSESSMENT:   We are advised that the property is a Band E

EPC:   Please ask at our branch for a copy.

AGENTS NOTES: The photographs and information regarding this property is the copyright of Leapfrog Lettings & Sales. All measurements are approximate and have been taken using a laser tape measure therefore, may be subject to a small margin of error.

DATA PROTECTION AND PRIVACY POLICY
Names, address, telephone number and email address will be taken for mailing list registration, viewing appointments or when making an offer to purchase and will not be used or passed on for any other marketing purposes.

Agent Details

Leapfrog Lettings & Sales, Skelton-in-Cleveland

01280 733312

Next Steps?

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