3 Bed Semi-Detached House, Single Let, Middlesbrough, TS5 4QL, £90,000

Ashford Avenue, Middlesbrough, TS5 4QL - 4 views - 2 months ago

BTL
ROI: 14%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£75K - £199.9K
Sold Prices/m²£914/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£125,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£4,200

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£750 - £1,050

Rent Estimate

£850

Running Costs/mo

£471

Cashflow/mo

£379

Cashflow/yr

£4,545

ROI

17%

Gross Yield

11%

Local Sold Prices

52 sold prices from £75K to £199.9K, average is £120K. £914/m² to £2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£110K11/210.04 mi40, Ashford Avenue, Middlesbrough TS5 4QW3
£135K07/230.05 mi21, Priory Road, Middlesbrough TS5 4RF3
£92K12/230.05 mi7, Priory Road, Middlesbrough TS5 4RF3
£93.5K07/210.07 mi53, Endsleigh Drive, Middlesbrough TS5 4RQ3
£92K12/200.1 mi33, Collinson Avenue, Middlesbrough TS5 4QH3
£112K06/230.11 mi8, Stoneyhurst Avenue, Middlesbrough TS5 4RE3
£93K08/230.11 mi43, Stoneyhurst Avenue, Middlesbrough TS5 4RE3
£140K09/230.13 mi27, Downside Road, Middlesbrough TS5 4QT3
£80K06/210.13 mi44, Greenland Avenue, Middlesbrough TS5 4JW3
£95K04/230.13 mi61, Greenland Avenue, Middlesbrough TS5 4JW3
£101.5K07/230.13 mi20, Downside Road, Middlesbrough TS5 4QS3
£110K01/230.15 mi19, Endsleigh Drive, Middlesbrough TS5 4RG3
£120K08/210.15 mi5, Endsleigh Drive, Middlesbrough TS5 4RG3
£80K11/200.15 mi4, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QA3
£82K02/210.15 mi29, Manton Avenue, Whinney Banks, Middlesbrough TS5 4QB3
£115K02/230.15 mi16, Downside Road, Middlesbrough TS5 4QS3
£100K05/210.18 mi11, Corby Avenue, Middlesbrough TS5 4RD3
£130K08/230.18 mi9, Corby Avenue, Middlesbrough TS5 4RD3
£110K03/230.21 mi78, Levick Crescent, Middlesbrough TS5 4RA3
£92K05/210.21 mi24, Greenland Avenue, Middlesbrough TS5 4JJ3
£95K10/230.25 mi3, Pannell Avenue, Middlesbrough TS5 4PX3
£97K12/230.26 mi8, Price Avenue, Middlesbrough TS5 4PU3
£75K04/210.27 mi52, Pannell Avenue, Middlesbrough TS5 4PY3
£190K02/230.28 mi17, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£199.9K08/230.29 mi27, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£199.9K08/230.29 mi27, Stoneleigh Avenue, Middlesbrough TS5 8AR3
£196.5K02/230.3 mi113, Mandale Road, Middlesbrough TS5 8AN3
£147K08/220.31 mi36, Stoneleigh Avenue, Middlesbrough TS5 8AT3
£117.5K12/200.32 mi26, Balfour Terrace, Middlesbrough TS5 5HY3
£156.5K04/240.34 mi60, Mandale Road, Middlesbrough TS5 8AS3
£180K10/220.34 mi14, Appleton Road, Middlesbrough TS5 5HX3
£194K12/210.34 mi157, Acklam Road, Middlesbrough TS5 5QH3
£120K05/210.35 mi93, Chalford Oaks, Middlesbrough TS5 8QQ3
£122.5K04/210.36 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£143.5K05/230.36 mi44, Preen Drive, Middlesbrough TS5 8AJ3
£110K01/210.37 mi12, Castleton Avenue, Middlesbrough TS5 5JA3
£125K04/210.37 mi14, Castleton Avenue, Middlesbrough TS5 5JA3
£152K09/230.37 mi24, Castleton Avenue, Middlesbrough TS5 5JA3
£140K01/210.37 mi9, Croft Avenue, Middlesbrough TS5 8AH3
£161K02/210.37 mi44, Chalford Oaks, Middlesbrough TS5 8QG3
£165K03/240.4 mi63, Mandale Road, Middlesbrough TS5 8AE3
£171K02/230.4 mi16, Fairfield Avenue, Middlesbrough TS5 5HB3
£155K11/200.4 mi32, Asterley Drive, Middlesbrough TS5 8QE3
£170K08/230.4 mi39, Asterley Drive, Middlesbrough TS5 8QE3
£170K08/230.4 mi39, Asterley Drive, Middlesbrough TS5 8QE3
£120K12/200.4 mi49, Appleton Road, Middlesbrough TS5 5JF3
£150K08/230.41 mi6, Marion Avenue, Middlesbrough TS5 5JG3
£148K06/230.41 mi13, Asterley Drive, Middlesbrough TS5 8QD3
£147.5K12/200.43 mi16, Williams Avenue, Middlesbrough TS5 5EH3
£85K12/200.43 mi41, Acklam Road, Middlesbrough TS5 5HD3
£111K01/230.43 mi29, Acklam Road, Middlesbrough TS5 5HD3
£110K11/200.46 mi203, Oxford Road, Middlesbrough TS5 5EG3

Local Rents

18 rents from £750/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£85008/240.17 mi-3
£85009/240.17 mi-3
£85003/250.17 mi-3
£85003/250.24 mi-3
£85010/240.31 mi-3
£85010/240.31 miMiddlesbrough, Middlesbrough, TS53
£95003/250.37 mi-3
£75002/240.39 mi-3
£89504/240.4 mi-3
£90003/250.42 mi-3
£99510/240.46 miAcklam Gardens, Middlesbrough, TS53
£95003/250.46 mi-3
£95005/240.48 mi-3
£1,01510/240.5 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.5 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.59 miAcklam Gardens, Middlesbrough, TS53
£1,05010/240.61 miAcklam Gardens, Middlesbrough, TS53
£90010/240.62 miEnnerdale Avenue, Middlesbrough, North Yorkshire, TS53

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

3.10 miles away

Nearest school

0.10 miles away

Nearest train station

1.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £90,000

March 1, 2025

Listed for £100,000

January 23, 2025

Description

  • NO ONWARD CHAIN +
  • SOLD AS SEEN +
  • FITTED KITCHEN +
  • WELL PROPORTIONED BEDROOMS +
  • DRIVEWAY +

SUMMARY
A three bedroom semi-detached family home with great potential. Externally this home offers a driveway to the garden to the rear.

DESCRIPTION
A three bedroom semi-detached family home with great potential. The ground floor offers a lounge which leads onto the dining room and fitted kitchen. The first floor hosts three well proportioned bedrooms accompanied by a family bathroom. Externally this home offers a driveway to the garden to the rear.

Entrance Hall  
Entrance via UPVC double glazed door, stairs to first floor.

Lounge  14' 8" x 12' 2" ( 4.47m x 3.71m )
UPVC double glazed bay window to front, radiator.

Dining Room  16' 8" x 9' 3" ( 5.08m x 2.82m )
UPVC double glazed window to rear, radiator, understair storage cupboard.

Kitchen  12' (End) x 7' 7" ( 3.66m (End) x 2.31m )
Range of base and wall units, complementary work surfaces, UPVC door leading to rear garden, UPVC double glazed window to side, integral electric oven, four ring gas hob, 1 1/2 bowl sink with draining board and mixer tap.

Landing  
Void loft access.

Bedroom 1  14' 11" x 10' 4" ( 4.55m x 3.15m )
UPVC double glazed bay window to front, radiator.

Bedroom 2  10' 3" x 9' 3" ( 3.12m x 2.82m )
UPVC double glazed window to rear, radiator.

Bedroom 3  9' 6" x 5' 10" ( 2.90m x 1.78m )
UPVC double glazed window to front, radiator.

Externally 

Front Garden  
Driveway leading to rear, small front garden,

Rear Garden  
Over grown rear garden, garage.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Manners & Harrison, Middlesbrough

01642 056044

Next Steps?

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