3 Bed Terraced House, Single Let, Billingham, TS23 2QZ, £120,000

Lomond Avenue, Billingham, TS23 2QZ - 2 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£72K - £168K
Sold Prices/m²£686/m² - £1.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£111,140

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£595 - £2,000

Rent Estimate

£600

Running Costs/mo

£515

Cashflow/mo

£85

Cashflow/yr

£1,020

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £72K to £168K, average is £105K. £686/m² to £1.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£115K12/230.01 mi5, Lomond Avenue, Billingham, Stockton-on-tees TS23 2QZ3
£95K02/210.03 mi16, Lomond Avenue, Billingham, Stockton-on-tees TS23 2QY3
£115K01/210.03 mi56, Lomond Avenue, Billingham, Stockton-on-tees TS23 2QY3
£92.5K02/210.05 mi282, Cotswold Crescent, Billingham, Stockton-on-tees TS23 2QW3
£119K11/230.08 mi2, Poldon Terrace, Billingham, Stockton-on-tees TS23 2QP3
£105K04/210.1 mi121, Brendon Crescent, Billingham, Stockton-on-tees TS23 2QU3
£105K06/210.1 mi103, Brendon Crescent, Billingham, Stockton-on-tees TS23 2QU3
£112K12/220.1 mi16, Brendon Crescent, Billingham, Stockton-on-tees TS23 2QT3
£97.1K03/230.11 mi234, Cotswold Crescent, Billingham, Stockton-on-tees TS23 2QN3
£97K02/240.12 mi35, Brendon Crescent, Billingham, Stockton-on-tees TS23 2QS3
£115K01/230.12 mi87, Brendon Crescent, Billingham, Stockton-on-tees TS23 2QU3
£82.5K06/210.13 mi13, Braid Crescent, Billingham, Stockton-on-tees TS23 2QD3
£77K02/210.15 mi157, Cotswold Crescent, Billingham, Stockton-on-tees TS23 2QJ3
£95K07/210.15 mi204, Cotswold Crescent, Billingham, Stockton-on-tees TS23 2QJ3
£85K03/210.15 mi163, Malvern Road, Billingham, Stockton-on-tees TS23 2PJ3
£105K11/210.15 mi122, Pentland Avenue, Billingham, Stockton-on-tees TS23 2RF3
£90K07/210.19 mi13, Warwick Crescent, Billingham, Stockton-on-tees TS23 4AH3
£105K01/210.21 mi111, Cotswold Crescent, Billingham, Stockton-on-tees TS23 2QG3
£125K05/230.22 mi32, Barnard Road, Billingham, Stockton-on-tees TS23 2HG3
£95K01/210.22 mi27, Barnard Road, Billingham, Stockton-on-tees TS23 2HG3
£125K11/200.22 mi8, Barnard Road, Billingham, Stockton-on-tees TS23 2HG3
£130K08/230.23 mi34, Warwick Crescent, Billingham, Stockton-on-tees TS23 4AL3
£120K11/210.23 mi50, Bedford Terrace, Billingham, Stockton-on-tees TS23 4AF3
£117K02/210.23 mi10, Bedford Terrace, Billingham, Stockton-on-tees TS23 4AF3
£76.5K01/240.23 mi198, Cotswold Crescent, Billingham, Stockton-on-tees TS23 2QH3
£80K02/240.25 mi34, Grampian Road, Billingham, Stockton-on-tees TS23 2PH3
£100K06/210.26 mi63, Essex Crescent, Billingham, Stockton-on-tees TS23 4AW3
£85K06/210.27 mi68, Pentland Avenue, Billingham, Stockton-on-tees TS23 2RQ3
£117K09/230.27 mi24, Surrey Terrace, Billingham, Stockton-on-tees TS23 4AQ3
£168K01/240.28 mi17, Richmond Crescent, Billingham, Stockton-on-tees TS23 2JP3
£145K01/230.29 mi52, Dorset Crescent, Billingham, Stockton-on-tees TS23 4AU3
£94.5K12/200.3 mi7, Surrey Terrace, Billingham, Stockton-on-tees TS23 4AG3
£110K12/230.3 mi7, Surrey Terrace, Billingham, Stockton-on-tees TS23 4AG3
£133K04/210.3 mi20, Melrose Avenue, Billingham, Stockton-on-tees TS23 2JW3
£86K12/200.3 mi74, Hatfield Road, Billingham, Stockton-on-tees TS23 3AL3
£75K03/210.3 mi40, Hatfield Road, Billingham, Stockton-on-tees TS23 3AL3
£117.5K12/220.31 mi42, Hatfield Road, Billingham, Stockton-on-tees TS23 3AL3
£127K05/210.31 mi56, Cowpen Lane, Billingham, Stockton-on-tees TS23 4AR3
£93K06/230.33 mi43, Pentland Avenue, Billingham, Stockton-on-tees TS23 2PN3
£124K10/230.33 mi3, Raglan Terrace, Billingham, Stockton-on-tees TS23 2HL3
£110K07/230.33 mi2, Raglan Terrace, Billingham, Stockton-on-tees TS23 2HL3
£80K06/230.33 mi65, Malvern Road, Billingham, Stockton-on-tees TS23 2PQ3
£72K10/200.33 mi105, Malvern Road, Billingham, Stockton-on-tees TS23 2PQ3
£110K01/230.33 mi13, Devon Crescent, Billingham, Stockton-on-tees TS23 4BS3
£78K10/200.34 mi9, Devon Crescent, Billingham, Stockton-on-tees TS23 4BS3
£148.5K03/240.34 mi9, Ravensworth Road, Billingham, Stockton-on-tees TS23 2HH3
£112K11/200.34 mi18, Ravensworth Road, Billingham, Stockton-on-tees TS23 2HH3
£107K05/210.34 mi29, Ravensworth Road, Billingham, Stockton-on-tees TS23 2HH3
£132.5K12/230.34 mi74, Cowpen Lane, Billingham, Stockton-on-tees TS23 4AS3
£100K04/230.35 mi15, Cheviot Crescent, Billingham, Stockton-on-tees TS23 2PR3

Local Rents

23 rents from £595/mo to £2K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£75010/240.08 miCotswold Crescent, Billingham, TS233
£77511/240.29 mi-3
£72509/240.33 mi-3
£69510/240.37 miCheviot Crescent, Billingham3
£2,00010/240.38 mi-3
£69509/240.52 mi-3
£60010/240.54 miShotton Court, Billingham3
£80010/230.56 mi-3
£72510/240.65 miWindlestone Road, BILLINGHAM3
£70010/240.72 miBraemar Road, Billingham, TS233
£65010/240.73 miLow Grange Avenue, Billingham, Stockton on Tees, TS233
£72510/240.74 mi-3
£70010/240.74 mi-3
£70010/240.74 mi-3
£59510/230.78 mi-3
£77006/240.83 mi-3
£75010/240.87 miGrange Avenue, Billingham3
£75010/240.87 miChatsworth Gardens, Billingham3
£75012/240.98 mi-3
£65010/240.98 miOtterburn Way, Billingham3
£67507/241.05 mi-3
£85010/241.13 miFlixton Grove, Billingham3
£85010/241.22 miWhitehouse Road, Wolviston Court3

Local Area Statistics

Population in TS23

30,241

Population in Billingham

38,903

Town centre distance

1.25 miles away

Nearest school

0.30 miles away

Nearest train station

0.28 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £120,000

January 24, 2025

Description

  • Three Bed End Terraced House +
  • Open Plan Kitchen/Dining Room +
  • Modern Shower Room +
  • Large Rear Garden +
  • Close to Town Centre & Amenities +
  • Energy Rating: C-69 +
  • Council tax band: A (£1,582.22) +
  • NO CHAIN!! +

A spacious three bedroom end terraced property ideally located close to local schools, shops and Billingham town centre. Comprising; entrance hall, lounge with bay window, open plan kitchen/dining room, three three first floor bedrooms and an excellent recently installed shower room. The property also benefits from UPVC double glazing and gas central heating with a Baxi combi boiler. There is a walled garden to the front of the property, driveway providing off-street parking and a large, enclosed garden to the rear. Energy Rating: C-69. Council tax band: A (£1,582.22). NO CHAIN!!

Entrance Hall - UPVC entrance door with stained glass feature light, staircase to first floor, understair meter cupboard, laminate flooring and a radiator.

Lounge - 4.64m (into bay) x 3.64m (15'2" (into bay) x 11'11 - Front UPVC double glazed bay & window, feature fireplace with wooden surround, marble hearth & an electric fire. Coving and a radiator.

Kitchen - 3.53m (max.) x 2.97m (11'6" (max.) x 9'8") - Two rear aspect UPVC double glazed windows, a range of base & wall units with rolled worksurfaces & breakfast bar and tiled splashbacks incorporating 1½ bowl stainless steel sink & mixer tap. Gas cooker, tile effect laminate flooring, spot lights and a large archway opening to:

Dining Room - 3.16m x 2.55m (10'4" x 8'4") - Rear aspect double glazed patio doors opening to the garden, laminate flooring, coving and a radiator.

First Floor Landing - Spindle staircase, cupboard housing Baxi combi boiler and access to loft via pull-down aluminium ladder.

Bedroom One - 3.76m x 3.20m (12'4" x 10'5") - Front aspect UPVC double glazed window, coving and a radiator.

Bedroom Two - 3.30m x 3.21m (10'9" x 10'6") - Rear aspect UPVC double glazed window, coving and a radiator.

Bedroom Three - 2.81m x 2.36m (9'2" x 7'8") - Front aspect UPVC double glazed window, coving and a radiator.

Bathroom/Wc - Rear aspect UPVC double glazed window, recently fitted modern suite comprising; vanity unit housing wash basin, low level WC and a walk-in double cubicle with thermostatic mixer shower. Fully tiled walls, spot lights and a chrome heated towel rail.use.

Externally - There is a walled garden to the front of the property with a lawn and gravelled borders. There is a driveway to the side providing off-street parking. To the rear is a large, enclosed garden, mostly lawned with patio and a brick outhouse.

Agent Details

Drummonds Estate Agents, BILLINGHAM

01642 056329

Next Steps?

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