3 Bed Semi-Detached House, Refurb/BRRR, Middlesbrough, TS8 0TR, £170,000

Harvington Chase, Coulby Newham, TS8 0TR - 2 views - 2 months ago

Refurb/BRRR
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£70K - £250K
Sold Prices/m²£909/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£159,429

 

 

End Value (After Refurb)

£177,956

Uplift in Value

+-1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£36,697

Bridging Loan Interest

£4,463

Total Cash In

£92,010

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£177,956

Mortgage (After Refinance)

£133,467

Mortgage LTV

75%

Cash Released

£5,967

Cash Left In

£86,043

Equity

£44,489

Rent Range

£410 - £1,200

Rent Estimate

£729

Running Costs/mo

£722

Cashflow/mo

£7

Cashflow/yr

£85

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £70K to £250K, average is £150K. £909/m² to £3.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£140K06/210.01 mi1, Harvington Chase, Coulby Newham, Middlesbrough TS8 0TR3
£150K02/240.01 mi13, Harvington Chase, Coulby Newham, Middlesbrough TS8 0TR3
£133.5K06/210.01 mi32, Harvington Chase, Coulby Newham, Middlesbrough TS8 0TR3
£139.5K04/210.01 mi52, Harvington Chase, Coulby Newham, Middlesbrough TS8 0TR3
£160K03/210.01 mi6, Harvington Chase, Coulby Newham, Middlesbrough TS8 0TR3
£180K12/200.17 mi43, Coulby Manor Farm, Coulby Newham, Middlesbrough TS8 0RY3
£152.5K10/230.17 mi21, Coulby Manor Farm, Coulby Newham, Middlesbrough TS8 0RY3
£150K06/210.21 mi128, Coulby Manor Farm, Coulby Newham, Middlesbrough TS8 0RZ3
£147.5K12/220.23 mi92, Saxonfield, Coulby Newham, Middlesbrough TS8 0SN3
£130.5K12/200.23 mi77, Saxonfield, Coulby Newham, Middlesbrough TS8 0SN3
£160K09/230.23 mi63, Saxonfield, Coulby Newham, Middlesbrough TS8 0SN3
£150K04/230.23 mi91, Saxonfield, Coulby Newham, Middlesbrough TS8 0SN3
£136K04/240.23 mi18, Hazelbank, Coulby Newham, Middlesbrough TS8 0TH3
£117.5K12/220.24 mi83, Hollowfield, Coulby Newham, Middlesbrough TS8 0RS3
£137K03/240.24 mi95, Hollowfield, Coulby Newham, Middlesbrough TS8 0RS3
£130K01/210.24 mi88, Hollowfield, Coulby Newham, Middlesbrough TS8 0RS3
£170K01/210.32 mi76, The Birches, Coulby Newham, Middlesbrough TS8 0UB3
£188K03/230.32 mi70, The Birches, Coulby Newham, Middlesbrough TS8 0UB3
£173.5K07/210.32 mi58, The Birches, Coulby Newham, Middlesbrough TS8 0UB3
£187K05/230.32 mi80, The Birches, Coulby Newham, Middlesbrough TS8 0UB3
£245K09/230.32 mi43, Elmwood, Coulby Newham, Middlesbrough TS8 0SR3
£125K10/230.32 mi19, Elmwood, Coulby Newham, Middlesbrough TS8 0SR3
£187.5K09/230.33 mi40, Willowbank, Coulby Newham, Middlesbrough TS8 0SW3
£155K12/200.35 mi50, Fox Howe, Coulby Newham, Middlesbrough TS8 0RU3
£127.5K01/210.37 mi27, The Birches, Coulby Newham, Middlesbrough TS8 0UA3
£140K12/230.37 mi116, Sunnyside, Coulby Newham, Middlesbrough TS8 0RD3
£106K01/210.37 mi122, Sunnyside, Coulby Newham, Middlesbrough TS8 0RD3
£70K09/230.38 mi41, Brabourn Gardens, Hemlington, Middlesbrough TS8 9JR3
£165K03/230.39 mi71, Fox Howe, Coulby Newham, Middlesbrough TS8 0RX3
£130K08/210.4 mi60, Willowbank, Coulby Newham, Middlesbrough TS8 0SP3
£157.5K04/210.41 mi72, Beechfield, Coulby Newham, Middlesbrough TS8 0TY3
£170.5K04/210.41 mi4, Beechfield, Coulby Newham, Middlesbrough TS8 0TY3
£157K10/230.41 mi35, Beechfield, Coulby Newham, Middlesbrough TS8 0TY3
£118K05/210.41 mi85, Sunnyside, Coulby Newham, Middlesbrough TS8 0RB3
£125K10/200.41 mi72, Fox Howe, Coulby Newham, Middlesbrough TS8 0RX3
£87K11/230.41 mi44, Brabourn Gardens, Hemlington, Middlesbrough TS8 9JS3
£75K03/210.41 mi78, Brabourn Gardens, Hemlington, Middlesbrough TS8 9JS3
£153K06/210.43 mi10, Swallowfields, Coulby Newham, Middlesbrough TS8 0UH3
£177.5K01/240.43 mi12, Swallowfields, Coulby Newham, Middlesbrough TS8 0UH3
£98K02/210.44 mi77, Tollesby Bridge, Coulby Newham, Middlesbrough TS8 0SE3
£140K12/220.45 mi55, Sunnyside, Coulby Newham, Middlesbrough TS8 0RB3
£200K03/230.45 mi78, Beechfield, Coulby Newham, Middlesbrough TS8 0UN3
£210K09/210.46 mi18, Aberfalls Road, Hemlington, Middlesbrough TS8 9HY3
£187.5K01/210.46 mi18, Aberfalls Road, Hemlington, Middlesbrough TS8 9HY3
£229.9K01/210.47 mi51, Ravensgill Road, Hemlington, Middlesbrough TS8 9FZ3
£130K04/230.49 mi139, Lingfield Ash, Coulby Newham, Middlesbrough TS8 0SU3
£120K01/210.49 mi132, Lingfield Ash, Coulby Newham, Middlesbrough TS8 0SU3
£115K12/200.5 mi23, Ash Hill, Coulby Newham, Middlesbrough TS8 0SX3
£205K08/210.51 mi6, Dell Close, Marton In Cleveland, Middlesbrough TS7 8JG3
£250K12/200.51 mi5, Dell Close, Marton In Cleveland, Middlesbrough TS7 8JG3

Local Rents

23 rents from £410/mo to £1.2K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£1,10002/240.29 mi-3
£85002/250.34 mi-3
£67510/240.4 mi-3
£67510/240.4 miBurghley Court, Hemlington, Middlesbrough, TS83
£72510/240.68 mi-3
£75010/240.7 mi-3
£65010/240.76 mi-3
£49902/240.76 mi-3
£49910/240.76 mi-3
£41001/250.76 mi-3
£41002/250.76 mi-3
£41004/250.76 mi-3
£80010/240.84 miSunstar Grove, Marton Manor3
£1,20010/240.84 miGunnergate Lane, Middlesbrough, North Yorkshire, TS73
£73510/240.84 mi-3
£70010/241.06 miFaygate Court, Hemlington, Middlesbrough3
£67509/231.12 mi-3
£85001/251.16 mi-3
£85003/251.17 mi-3
£85003/251.17 mi-3
£62509/241.17 mi-3
£85010/241.18 mi-3
£1,09503/251.24 mi-3

Local Area Statistics

Population in TS8

21,266

Population in Middlesbrough

189,245

Town centre distance

2.14 miles away

Nearest school

0.10 miles away

Nearest train station

1.60 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Price changed to £170,000

March 24, 2025

Price changed to £175,000

February 20, 2025

Listed for £180,000

January 30, 2025

Floor Plans

Description

  • Three floors of flexible living space. +
  • Ideal for first-time buyers and young families. +
  • No onward chain for a seamless purchase. +

About this property… Discover this unique and individual three-bedroom townhouse-style semi-detached home, which spans three floors and offers flexible living spaces—ideal for a growing family. This property is perfect for first-time buyers or young families and is filled with potential. While some modernisation may be needed to suit your personal style, this opportunity allows you to improve and upgrade the home to your liking. Additionally, with no onward chain, this presents a seamless and exciting chance to secure your future in a family-friendly environment. Entrance Hallway Composite entry door with staircase to the first. Doors lead to the garage, WC and kitchen. Ground floor WC White suite comprising: pedestal wash hand basin and close coupled WC. Kitchen diner Comprising a range of fitted base and wall units with matching work surfaces and coordinated splashbacks. Appliances to include: stainless steel sink with a drainer, rinse bowl and mixer tap; single electric oven; four-ring gas hob with a concealed extractor hood above. Plumbing and space for both washing machine and dishwasher. Space for dining table. French-style PVCu double-glazed doors open onto the rear garden patio area. First floor Living room Wall-mounted electric fire inset and rear aspect PVCu double-glazed window and French-style doors overlook the garden. Bedroom three Front aspect PVCu double-glazed window. WC White suite comprising: wash hand basin and WC. Second floor Master bedroom Built-in storage and rear aspect PVCu double-glazed windows. En-suite shower room White suite comprising: pedestal with mixer tap, fully tiled shower enclosure with a wall-mounted mains shower; and close coupled WC with button flush. Wall-mounted mirror-fronted cabinet.  Bedroom two Built-in wardrobes and front aspect PVCu double-glazed window. Bathroom White suite comprising: pedestal wash hand basin with mixer tap; panelled bath with a mixer tap and wall-mounted mains shower handheld attachment and close coupled WC with button flush. Wall-mounted mirror-fronted cabinet. Electric toothbrush and shaver charging. Externally Parking The driveway provides off-street parking. Integral single garage Up-and-over entry door power supply and lighting. Garden Two patio areas, mature plants mainly lawn with fenced boundaries and a side gate leading to the front of the house. General information Local authority: Middlesbrough Council tax band: C Tenure: Freehold Disclaimer Harvey Brooks Properties Ltd (the Company). The Company for itself and for the vendor(s) or lessor(s) of this property for whom it acts as Agents gives notice that: (i) The particulars are a general outline only for the guidance of intending purchasers or lessees and do not constitute an offer or contract (ii) All descriptions are given in good faith and are believed to be correct, but any prospective purchasers or lessees should not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness (iii) All measurements of rooms contained within these particulars should be taken as approximate and it is the responsibility of the prospective purchaser or lessee or his professional advisor to determine the exact measurements and details as required prior to Contract (iv) None of the property's services or service installations have been tested and are not warranted to be in working order (v) No employee of the Company has any authority to make or give any representation or warranty whatsoever in relation to the property.

Agent Details

Harvey Brooks, Marton

01642 056339

Next Steps?

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