4 Bed Semi-Detached House, Single Let, Middlesbrough, TS5 5JN, £270,000

Reeth Road, Middlesbrough, North Yorkshire, TS5 5JN - 3 months ago

Sold STC
BTL
~129 m²
+7 photos

ValuationOvervalued

Sold Prices£100K - £470K
Sold Prices/m²£912/m² - £3.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.1K/m²

Value Estimate

£214,617

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£11,100

Total Cash In

£78,600

 

 

Cash Out

 

Rent Range

£745 - £1,275

Rent Estimate

£850

Running Costs/mo

£1,034

Cashflow/mo

£-184

Cashflow/yr

£-2,205

Gross Yield

4%

Local Sold Prices

52 sold prices from £100K to £470K, average is £209.3K. £912/m² to £3.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£235K03/240.06 mi9, Wycherley Avenue, Middlesbrough TS5 5HH4
£200K11/200.11 mi47, Reeth Road, Middlesbrough TS5 5JU4
£248K08/230.13 mi9, Braemar Road, Middlesbrough TS5 5HU4
£248K08/230.13 mi9, Braemar Road, Middlesbrough TS5 5HU4
£230K09/210.16 mi10, Barker Road, Middlesbrough TS5 5ES4
£165K02/210.21 mi40, Thornfield Grove, Middlesbrough TS5 5LQ4
£180K10/210.21 mi20, Britain Avenue, Middlesbrough TS5 7AT4
£175K02/240.22 mi134, Oxford Road, Middlesbrough TS5 5EL4
£215K07/230.22 mi108, Oxford Road, Middlesbrough TS5 5EL4
£290K03/230.24 mi101, Oxford Road, Middlesbrough TS5 5EA4
£100K04/240.25 mi9, Hardwick Avenue, Middlesbrough TS5 7AS4
£178K08/210.37 mi10, Ullswater Avenue, Middlesbrough TS5 7DR4
£240K04/230.43 mi6, Lexden Avenue, Middlesbrough TS5 8AP4
£223.5K03/230.43 mi23, Mandale Road, Middlesbrough TS5 8AD4
£200K03/240.46 mi47, Oxford Road, Middlesbrough TS5 5DY4
£227.5K07/210.48 mi93, Ruskin Avenue, Middlesbrough TS5 8PG4
£193K02/230.49 mi105, Thornfield Road, Middlesbrough TS5 5BZ4
£150K10/210.5 mi11, Cambridge Road, Linthorpe, Middlesbrough TS5 5ND4
£203.6K05/230.5 mi24, Chalford Oaks, Middlesbrough TS5 8QG4
£145K12/230.52 mi22, Downside Road, Middlesbrough TS5 4QS4
£470K08/220.53 mi28, Green Lane, Middlesbrough TS5 7RL4
£162.5K08/230.55 mi4, Greenwood Avenue, Middlesbrough TS5 7RW4
£162.5K08/230.55 mi4, Greenwood Avenue, Middlesbrough TS5 7RW4
£140K04/240.55 mi16, Belle Vue Road, Middlesbrough TS5 5AQ4
£361K01/210.59 mi7, Thackeray Grove, Middlesbrough TS5 7QY4
£198K03/210.59 mi10, Westwood Avenue, Middlesbrough TS5 5PY4
£300K11/200.63 mi7, Hawnby Road, Middlesbrough TS5 7QS4
£190K12/200.63 mi12, Keswick Grove, Middlesbrough TS5 8PN4
£164.9K08/230.66 mi7, Queens Road, Middlesbrough TS5 6EF4
£280K07/230.67 mi17, Westwood Avenue, Middlesbrough TS5 5PX4
£240K02/230.67 mi7, Honister Grove, Middlesbrough TS5 8PW4
£136K09/210.68 mi30, Devonshire Road, Middlesbrough TS5 6DP4
£162K01/210.72 mi6, Windsor Road, Middlesbrough TS5 6DR4
£269K12/200.72 mi3, Mayberry Grove, Middlesbrough TS5 5PU4
£182K06/230.75 mi8, Walworth Grove, Middlesbrough TS5 8NN4
£299K09/230.77 mi74, The Avenue, Middlesbrough TS5 6SB4
£294K03/230.79 mi2, Bewley Grove, Middlesbrough TS5 7EW4
£360K08/230.79 mi69, Yearby Close, Acklam, Middlesbrough TS5 8LY4
£390K09/230.81 mi18, Adcott Road, Middlesbrough TS5 7ES4
£307K12/210.82 mi345, Acklam Road, Middlesbrough TS5 7HA4
£160K07/210.83 mi15, Maddren Way, Middlesbrough TS5 5BB4
£180K06/210.83 mi16, Maddren Way, Middlesbrough TS5 5BB4
£170K05/240.83 mi2, Maddren Way, Middlesbrough TS5 5BB4
£190K02/210.83 mi59, Emerson Avenue, Middlesbrough TS5 7QJ4
£215K11/210.83 mi69, Emerson Avenue, Middlesbrough TS5 7QJ4
£200K04/210.83 mi14, Sycamore Road, Middlesbrough TS5 6RA4
£265K03/210.84 mi452, Acklam Road, Middlesbrough TS5 8BB4
£240K04/210.85 mi11, Limes Road, Middlesbrough TS5 6RQ4
£130K12/230.86 mi44, Clough Close, Middlesbrough TS5 5DW4
£306K06/210.86 mi29, Sycamore Road, Middlesbrough TS5 6QX4
£290K06/210.87 mi11a, Sycamore Road, Middlesbrough TS5 6QX4
£302K05/230.87 mi122, Hall Drive, Middlesbrough TS5 7HT4

Local Rents

25 rents from £745/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£90004/250.03 mi-3
£85010/240.14 mi-3
£85010/240.14 miMiddlesbrough, Middlesbrough, TS53
£85004/250.26 mi-3
£95004/250.28 mi-3
£90010/240.33 miEnnerdale Avenue, Middlesbrough, North Yorkshire, TS53
£89504/240.38 mi-3
£1,01510/240.41 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.41 miAcklam Gardens, Middlesbrough, TS53
£1,19510/240.41 miAcklam Gardens, Middlesbrough, TS54
£90010/240.44 miConiston Grove, Middlesbrough3
£1,27510/240.46 miQueensbury Grove, Middlesbrough, North Yorkshire, TS54
£85008/240.46 mi-3
£85009/240.46 mi-3
£85003/250.46 mi-3
£99510/240.47 miAcklam Gardens, Middlesbrough, TS53
£95004/250.48 mi-3
£1,05003/250.48 mi-3
£1,05010/240.49 miAcklam Gardens, Middlesbrough, TS53
£1,01510/240.5 miAcklam Gardens, Middlesbrough, TS53
£95004/250.51 mi-3
£95005/240.51 mi-3
£1,01510/240.55 miAcklam Gardens, Middlesbrough, TS53
£74502/250.56 mi-3
£75002/240.58 mi-3

Local Area Statistics

Population in TS5

39,387

Population in Middlesbrough

189,245

Town centre distance

2.66 miles away

Nearest school

0.30 miles away

Nearest train station

1.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £270,000

March 9, 2025

Listed for £280,000

January 30, 2025

Description

  • Occupying a superb corner plot +
  • Located on the ever popular Reeth Road +
  • Larger then average 4 bedroom semi detached home +
  • Two large separate reception rooms +
  • Spacious kitchen and Utility Room +
  • Ground Floor WC +
  • Double glazing and Gas central heating system +
  • Gardens to the front, side and rear +
  • Driveway and garage +
  • An early internal viewing is highly recommended +

Occupying a generous corner position with potential to extend further we are delighted to have been given instruction to market this much larger than average semi detached house. Offering well proportioned room sizes and four good sized bedrooms. There are gardens to the front, side and rear and with accommodation comprising entrance porch, hallway, large lounge and dining room which are separate. Spacious kitchen, utility/laundry room (not shown on the floorplan). To the first floor is a spacious landing where all four good sized bedrooms are accessed. Two bedrooms have fitted wardrobes. Family bathroom and separate wc. Established gardens to the front, side and rear elevations. Driveway accessed via Abdale Avenue gives access to the garage. An early internal inspection is recommended for the size and quality of the property to be appreciated. EPC RATING TBC. COUNCIL TAX BAND IS D. 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.

MID250060/2

Agent Details

Reeds Rains, Middlesbrough

01642 056928

Next Steps?

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