3 Bed Detached House, Planning Permission, Middlesbrough, TS5 8FA, £230,000

Jocelyn Way, Acklam, Middlesbrough, TS5 8FA - 2 views - 3 months ago

Planning
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£124K - £370K
Sold Prices/m²£1.5K/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£175,814

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£410 - £950

Rent Estimate

£410

Running Costs/mo

£821

Cashflow/mo

£-411

Cashflow/yr

£-4,929

Gross Yield

2%

Local Sold Prices

50 sold prices from £124K to £370K, average is £167.3K. £1.5K/m² to £2.8K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£195K11/210.06 mi6, Baron Close, Middlesbrough TS5 8FH3
£210K07/230.06 mi12, Baron Close, Middlesbrough TS5 8FH3
£214K08/230.19 mi33, Cradley Drive, Middlesbrough TS5 8HF3
£132K04/230.22 mi8, Martindale, Middlesbrough TS5 8TE3
£132K06/230.23 mi8, Geltsdale, Middlesbrough TS5 8TF3
£155K11/230.23 mi17, Geltsdale, Middlesbrough TS5 8TF3
£240K10/210.23 mi55, Cradley Drive, Middlesbrough TS5 8HD3
£150K11/200.25 mi64, Runswick Avenue, Middlesbrough TS5 8HY3
£172K05/230.25 mi66, Runswick Avenue, Middlesbrough TS5 8HY3
£180K11/210.27 mi38, The Oval, Middlesbrough TS5 8HR3
£210.3K01/240.27 mi101, The Oval, Middlesbrough TS5 8HR3
£205K10/230.28 mi34, The Oval, Middlesbrough TS5 8EZ3
£174K01/240.28 mi30, The Oval, Middlesbrough TS5 8EZ3
£166.5K01/210.28 mi75, The Oval, Middlesbrough TS5 8EZ3
£218K01/230.29 mi85, The Oval, Middlesbrough TS5 8HR3
£185K04/240.31 mi4, Lincombe Drive, Middlesbrough TS5 8EY3
£160K05/240.31 mi34, Sedgefield Road, Middlesbrough TS5 8JP3
£224.9K05/210.31 mi8, Sedgefield Road, Middlesbrough TS5 8JP3
£237K08/230.31 mi8, Sedgefield Road, Middlesbrough TS5 8JP3
£148K11/210.31 mi67, Carlbury Avenue, Middlesbrough TS5 8SY3
£175K08/210.31 mi110, Carlbury Avenue, Middlesbrough TS5 8SY3
£169K02/210.33 mi9, The Oval, Middlesbrough TS5 8EU3
£210K08/210.34 mi1, Runswick Avenue, Middlesbrough TS5 8JS3
£152K08/230.34 mi3, Runswick Avenue, Middlesbrough TS5 8JS3
£124K02/210.35 mi216, Trimdon Avenue, Middlesbrough TS5 8RZ3
£159K09/230.36 mi135, Hesleden Avenue, Middlesbrough TS5 8RS3
£187.5K04/240.36 mi16, Ledbury Drive, Middlesbrough TS5 8ES3
£168K08/210.36 mi21, Gatenby Drive, Middlesbrough TS5 8JL3
£140K04/230.36 mi17, Gatenby Drive, Middlesbrough TS5 8JL3
£155K12/200.38 mi25, Cotherstone Drive, Middlesbrough TS5 8JJ3
£149.9K10/210.39 mi9, Ricknall Close, Middlesbrough TS5 8RR3
£370K11/220.4 mi81, Low Lane, Middlesbrough TS5 8EG3
£180K09/220.4 mi11, Hartforth Avenue, Middlesbrough TS5 8SH3
£157K08/210.4 mi169, Trimdon Avenue, Middlesbrough TS5 8RY3
£195K11/200.41 mi4, Holbeck Avenue, Middlesbrough TS5 8DS3
£182.5K12/230.42 mi27, Earlsdon Avenue, Middlesbrough TS5 8JH3
£170K11/230.42 mi29, Earlsdon Avenue, Middlesbrough TS5 8JH3
£182K03/240.43 mi4, Carlbury Avenue, Middlesbrough TS5 8SE3
£162K11/230.44 mi40, Merrington Avenue, Middlesbrough TS5 8RH3
£125K05/210.47 mi10, Hartburn Court, Middlesbrough TS5 8SJ3
£155K04/240.47 mi151, Earlsdon Avenue, Middlesbrough TS5 8TA3
£164.5K08/230.47 mi2, Coate Close, Hemlington, Middlesbrough TS8 9RA3
£130K06/210.47 mi18, Brafferton Walk, Middlesbrough TS5 8SW3
£155K01/230.47 mi14, Brafferton Walk, Middlesbrough TS5 8SW3
£156K05/230.47 mi26, Brafferton Walk, Middlesbrough TS5 8SW3
£125K11/200.47 mi18, Brafferton Walk, Middlesbrough TS5 8SW3
£152.5K03/230.47 mi10, Brafferton Walk, Middlesbrough TS5 8SW3
£198.5K02/230.48 mi79, Hesleden Avenue, Middlesbrough TS5 8RF3
£160K05/210.51 mi11, Swainston Close, Middlesbrough TS5 8SF3
£130K12/200.53 mi49, Hesleden Avenue, Middlesbrough TS5 8RF3

Local Rents

33 rents from £410/mo to £950/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£79507/230.28 mi-3
£84010/240.32 mi-3
£80002/240.34 mi-3
£85003/250.44 mi-3
£75010/240.58 mi-3
£79510/240.62 mi-3
£95010/240.63 miStrait Lane, Stainton3
£62509/240.76 mi-3
£79510/240.8 miDales Park Road, Hemlington3
£85010/240.8 miTrimdon Avenue, Middlesbrough3
£85012/240.81 mi-3
£85003/250.85 mi-3
£85003/250.85 mi-3
£85001/250.85 mi-3
£85010/240.85 mi-3
£49902/240.92 mi-3
£49910/240.92 mi-3
£70010/240.98 miFaygate Court, Hemlington, Middlesbrough3
£69502/251.04 mi-3
£41001/251.05 mi-3
£41002/251.05 mi-3
£41003/251.05 mi-3
£95004/251.07 mi-3
£74502/251.07 mi-3
£75001/251.07 mi-3
£95005/241.09 mi-3
£90010/241.11 miConiston Grove, Middlesbrough3
£65010/241.14 mi-3
£75002/241.17 mi-3
£95004/251.19 mi-3
£89504/241.2 mi-3
£90010/241.22 miEnnerdale Avenue, Middlesbrough, North Yorkshire, TS53
£63609/241.23 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

3.05 miles away

Nearest school

0.30 miles away

Nearest train station

2.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £230,000

March 9, 2025

Listed for £240,000

January 16, 2025

Floor Plans

Description

  • Constructed by Bellway Homes +
  • Larger than average three bedroom detached house +
  • Lounge and Dining Room +
  • Modern Kitchen +
  • Superb, larger than average wrap around rear garden +
  • Double glazing +
  • Gas central heating system +
  • Beautifully appointed rooms +
  • Driveway and garage +
  • Internal viewing is simply essential +

Occupying a much larger than average corner plot. We are delighted to offer for sale this much larger than average three bedroom detached home. Due to the plot size the property could be significantly extended (subject to relevant planning permissions). The property offers great square footage and beautifully appointed rooms comprising entrance hall, cloakroom wc. Lounge and dining room. Fitted kitchen with modern units. First floor landing gives access to three bedrooms, with the master bedroom benefitting from En- Suite shower Facility. Family Bathroom. In addition there is full double glazing together with a gas central heating system. The property benefits from a much larger than average wrap around garden which is laid to lawn. Single garage and driveway An early internal viewing comes with the highest recommendation. EPC RATING IS B. COUNCIL TAX BAND IS C. TENURE IS FREEHOLD.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MID250010/2

Agent Details

Reeds Rains, Middlesbrough

01642 056928

Next Steps?

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