3 Bed Semi-Detached House, Refurb/BRRR, Middlesbrough, TS4 3AW, £90,000

Regent Road, Middlesbrough, Cleveland, TS4 3AW - 7 views - 2 months ago

Motivated
Refurb/BRRR
ROI: 5%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£64.6K - £215K
Sold Prices/m²£751/m² - £1.7K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£96,900
BMV2%

 

 

End Value (After Refurb)

£113,516

Uplift in Value

+19%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£4,050

Refurb Costs

£36,697

Bridging Loan Interest

£2,363

Total Cash In

£67,360

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£113,516

Mortgage (After Refinance)

£85,137

Mortgage LTV

75%

Cash Released

£17,637

Cash Left In

£49,723

Equity

£28,379

Rent Range

£745 - £995

Rent Estimate

£802

Running Costs/mo

£535

Cashflow/mo

£267

Cashflow/yr

£3,202

ROI

5%

Gross Yield

11%

Local Sold Prices

50 sold prices from £64.6K to £215K, average is £102.5K. £751/m² to £1.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£95K12/220.05 mi27, Marton Burn Road, Middlesbrough TS4 3SJ3
£112K12/220.06 mi39, Marton Burn Road, Middlesbrough TS4 3SJ3
£73K03/210.08 mi4, Howard Court, Middlesbrough TS4 2XN3
£80K03/230.08 mi11, Howard Court, Middlesbrough TS4 2XN3
£70K02/240.11 mi359, Marton Road, Middlesbrough TS4 3AB3
£84K02/240.12 mi4, Keith Road, Middlesbrough TS4 2XA3
£72K09/230.12 mi6, Keith Road, Middlesbrough TS4 2XA3
£117.5K06/210.12 mi9, Cavendish Road, Middlesbrough TS4 3BZ3
£115K05/230.15 mi33, Grassington Road, Middlesbrough TS4 3DB3
£96K10/220.15 mi8, Cavendish Road, Middlesbrough TS4 3DA3
£86K11/200.18 mi22, Fulwood Avenue, Middlesbrough TS4 3HA3
£91K10/220.18 mi19, Fulwood Avenue, Middlesbrough TS4 3HA3
£130K10/220.19 mi7, Harwell Close, Middlesbrough TS4 3DH3
£86K06/230.19 mi8, Harwell Close, Middlesbrough TS4 3DH3
£162K09/210.2 mi9, Belle Vue Grove, Middlesbrough TS4 2PU3
£162K09/210.2 mi9, Belle Vue Grove, Middlesbrough TS4 2PU3
£130K02/240.21 mi8, Hurworth Road, Middlesbrough TS4 3DW3
£105K07/210.22 mi5, Martonside Way, Middlesbrough TS4 3BU3
£118K11/200.22 mi4, Martonside Way, Middlesbrough TS4 3BU3
£127K11/220.22 mi87, Newington Road, Middlesbrough TS4 3ER3
£135K12/220.22 mi113, Deepdale Avenue, Middlesbrough TS4 3EZ3
£122K07/220.22 mi2, Martonside Way, Middlesbrough TS4 3BU3
£215K01/230.23 mi23, Belle Vue Grove, Middlesbrough TS4 2PU3
£88K07/230.23 mi22, Hedingham Close, Middlesbrough TS4 2XH3
£105K12/200.24 mi81, Newington Road, Middlesbrough TS4 3ER3
£95K07/210.25 mi4, Welburn Avenue, Middlesbrough TS4 2PP3
£72.5K07/210.27 mi34, Newington Road, Middlesbrough TS4 3EP3
£145K08/230.27 mi23, Farndale Road, Middlesbrough TS4 2PN3
£130K02/230.28 mi75, Grassington Road, Middlesbrough TS4 3EU3
£120K09/220.29 mi23, Oakworth Green, Middlesbrough TS4 3ES3
£100K03/210.3 mi27, Oakworth Green, Middlesbrough TS4 3ES3
£110K10/230.3 mi5, Oakworth Green, Middlesbrough TS4 3ES3
£73.5K02/210.3 mi10, Oakworth Green, Middlesbrough TS4 3ES3
£70K05/230.32 mi20, Fremantle Crescent, Middlesbrough TS4 3HR3
£92K11/220.32 mi6, Urswick Close, Middlesbrough TS4 2XP3
£175K05/210.32 mi42, Belle Vue Grove, Middlesbrough TS4 2PZ3
£151K09/210.32 mi47, Belle Vue Grove, Middlesbrough TS4 2PZ3
£91.5K09/210.34 mi16, Rokeby Avenue, Middlesbrough TS4 3EW3
£65K08/210.34 mi29a, Marton Grove Road, Middlesbrough TS4 2SG3
£125K09/230.34 mi2, Pemberton Crescent, Middlesbrough TS4 3DX3
£95K06/210.34 mi51, Newington Road, Middlesbrough TS4 3EL3
£134K06/230.34 mi57, Newington Road, Middlesbrough TS4 3EL3
£127.5K07/230.34 mi9, Kilburn Road, Middlesbrough TS4 3DY3
£90K12/230.37 mi96, Fremantle Crescent, Middlesbrough TS4 3HP3
£64.6K03/210.38 mi104, Eden Road, Middlesbrough TS4 2SD3
£90K06/230.39 mi26, Newington Road, Middlesbrough TS4 3EJ3
£97K11/230.39 mi51, Valley Road, Middlesbrough TS4 2RY3
£115K11/210.42 mi6, Pevensey Close, Middlesbrough TS4 3EG3
£136K02/240.43 mi83, Raines Court, Middlesbrough TS4 2AN3
£100K04/230.43 mi1, Stanmore Avenue, Middlesbrough TS4 3EQ3

Local Rents

11 rents from £745/mo to £995/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89510/240.11 miMarton Road, Middlesbrough,TS43
£99509/240.2 mi-3
£85011/240.37 mi-3
£85012/240.37 mi-3
£74503/250.43 mi-3
£75010/240.47 miMuirfield Way, Middlesbrough3
£75010/240.54 mi-3
£85003/250.58 mi-3
£80002/240.59 mi-3
£85010/240.59 mi-3
£80004/250.6 mi-3

Local Area Statistics

Population in TS4

16,950

Population in Middlesbrough

189,245

Town centre distance

1.32 miles away

Nearest school

0.10 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+47%

Sales demand

Seller's market

Capital growth (5yrs)

-3%

Property History

Price changed to £90,000

March 28, 2025

Listed for £95,000

January 27, 2025

Floor Plans

Description

  • Council Tax band A, Freehold +
  • Semi-Detached Home +
  • In Need of Modernisation +
  • Three Bedrooms +
  • Spacious Living Room +
  • Kitchen & Utility Room +
  • Extensive Rear Garden +
  • Situated in a Cul-de-sac +
  • Viewing Advised +

If you're looking for the ideal property to make your own then look no further. In need of some home improvements this property would be the perfect family home. Situated in a pleasant cul de sac, offering easy access to local amenities.
Viewing is highly recommended

This spacious family home is located in Middlesbrough with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation briefly comprises a welcoming entrance way, a spacious bay fronted living room, large kitchen, utility room, downstairs W.C and an annex for extra storage.

To the first floor is an inviting landing area through to three well-proportioned bedrooms and a three-piece bathroom

Externally, the property benefits from an extensive rear garden and garden to the front.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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