5 Bed Detached House, Single Let, Billingham, TS22 5UF, £350,000

Chester Burn Road, Stockton-on-tees, TS22 5UF - 3 months ago

BTL
~178 m²
+16 photos

ValuationUndervalued

Sold Prices£360K - £1.4M
Sold Prices/m²£1.8K/m² - £2.9K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2K/m²

Value Estimate

£417,850
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Total Cash In

£113,700

 

 

Cash Out

 

Rent Range

£950 - £1,995

Rent Estimate

£1,000

Running Costs/mo

£1,314

Cashflow/mo

£-314

Cashflow/yr

£-3,765

Gross Yield

3%

Local Sold Prices

26 sold prices from £360K to £1.4M, average is £527.5K. £1.8K/m² to £2.9K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£750K06/210.43 mi24, The Plantations, Wynyard, Billingham, Stockton-on-tees TS22 5SN5
£525K05/210.45 mi3, Saville Close, Wynyard, Billingham, Stockton-on-tees TS22 5GL5
£540K02/210.47 mi18, Manor Fields, Wynyard, Billingham, Hartlepool TS22 5GE5
£535K10/230.47 mi12, Manor Fields, Wynyard, Billingham, Hartlepool TS22 5GE5
£651K11/220.49 mi13, Manor Fields, Wynyard, Billingham, Hartlepool TS22 5GE5
£375K11/200.64 mi4, Eshton, Wynyard, Billingham, Hartlepool TS22 5GG5
£995K02/231.21 mi6, Castlereagh, Wynyard, Billingham, Stockton-on-tees TS22 5QF5
£660K08/231.51 mi7, The Coppice, Wynyard, Billingham, Stockton-on-tees TS22 5QH5
£545K11/201.81 mi23, Fulthorpe Grove, Wynyard, Billingham, Stockton-on-tees TS22 5QZ5
£736K01/231.9 mi25, Mountstewart, Wynyard, Billingham, Stockton-on-tees TS22 5QN5
£465K07/211.91 mi30a, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£710K10/211.91 mi8, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£1.4M07/231.91 mi15, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£447K02/211.91 mi33, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£495K01/231.94 mi5, Eagle Bridge Court, Wynyard, Billingham, Stockton-on-tees TS22 5SU5
£427.5K03/211.94 mi4, Eagle Bridge Court, Wynyard, Billingham, Stockton-on-tees TS22 5SU5
£494.3K03/211.94 mi6, Burntoft, Wynyard, Billingham, Stockton-on-tees TS22 5SX5
£505K09/211.98 mi9, Vane Close, Wynyard, Billingham, Stockton-on-tees TS22 5TF5
£442K12/222 mi27, Wellington Drive, Wynyard, Billingham, Stockton-on-tees TS22 5QJ5
£600K09/232.02 mi6, Embleton Grove, Wynyard, Billingham, Stockton-on-tees TS22 5SY5
£480K06/212.03 mi3, Lion Bridge Close, Wynyard, Billingham, Stockton-on-tees TS22 5SR5
£420K11/202.03 mi4, Lion Bridge Close, Wynyard, Billingham, Stockton-on-tees TS22 5SR5
£530K03/212.06 mi5, Rudd Close, Wynyard, Billingham, Stockton-on-tees TS22 5TG5
£435K08/232.63 mi8, St James Close, Thorpe Thewles, Stockton-on-tees TS21 3LH5
£360K11/202.63 mi8, St James Close, Thorpe Thewles, Stockton-on-tees TS21 3LH5
£535K02/232.69 mi1, Wynyard Court, Thorpe Thewles, Stockton-on-tees TS21 3LN5

Local Rents

13 rents from £950/mo to £2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,39510/240.95 miThe Meadows, Wynyard Manor, BILLINGHAM4
£95010/240.97 mi-2
£1,00011/241 mi-2
£1,00010/241.07 miThe Wynd, Wynyard, Billingham2
£1,00010/241.08 miWoodend Court , Wynyard, Billingham2
£1,19510/241.21 miSiskin Park, Billingham, TS223
£1,09510/241.21 miSiskin Park, Billingham, TS223
£1,09510/241.21 miSiskin Park, Billingham, TS223
£1,09510/241.21 miSiskin Park, Billingham, TS223
£1,99510/241.73 miThe Wynd, Billingham, Stockton on Tees, TS224
£1,30003/251.95 mi-3
£1,09903/252.04 mi-3
£1,00010/242.29 miWoodend Court, Wynyard, TS222

Local Area Statistics

Population in TS22

8,662

Population in Billingham

38,903

Town centre distance

3.09 miles away

Nearest school

0.90 miles away

Nearest train station

4.54 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £350,000

January 31, 2025

Listed for £375,000

January 8, 2025

Floor Plans

Description

  • Four Double And One Single Bedroom +
  • Side-By -Side Parking For Up To 3 Cars +
  • Large Garden With Summer House +
  • Loft Boarded +
  • End Of Cul De Sac, Wynyard Village +
  • 2 Minutes' Walk From Eden Walkway +
  • Adjacent To The Property Playfields & Woodlands +

The Property

4/5 bed detached house in the desirable area of Wynyard Village.
Only 4.5 years old, this house is offering the convenience of a new build home, with the charm of a traditional home.

There is Service charge of £525.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Teesside

020 3889 9090

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪