2 Bed Semi-Detached House, Single Let, Middlesbrough, TS4 3ND, £80,000

16 Brettenham Avenue, Middlesbrough, TS4 3ND - 2 months ago

BTL
ROI: 9%
58 m²
+6 photos

ValuationUndervalued

Sold Prices£53K - £225K
Sold Prices/m²£640/m² - £2.7K/m²

 

 

Square Metres

58 m²
Price/m²£1.4K/m²

Value Estimate

£96,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£575 - £825

Rent Estimate

£575

Running Costs/mo

£385

Cashflow/mo

£190

Cashflow/yr

£2,280

ROI

9%

Gross Yield

9%

Local Sold Prices

52 sold prices from £53K to £225K, average is £116.5K. £640/m² to £2.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£53K03/210.07 mi29, Albourne Green, Middlesbrough TS4 3NA2
£225K06/230.25 mi39, Scholars Rise, Middlesbrough TS4 3RP2
£123.5K07/230.34 mi10, Deighton Road, Middlesbrough TS4 3QR2
£85K08/210.39 mi11, Newington Road, Middlesbrough TS4 3ED2
£89K05/230.44 mi53, Newington Road, Middlesbrough TS4 3EL2
£80K07/210.45 mi4, Ainsdale Way, Middlesbrough TS4 3JU2
£82K07/230.48 mi34, Gleneagles Road, Middlesbrough TS4 3JF2
£118K11/200.51 mi11, Barnstaple Close, Middlesbrough TS8 9DH2
£132K01/230.51 mi11, Barnstaple Close, Middlesbrough TS8 9DH2
£66.4K11/210.54 mi160, Saltersgill Avenue, Middlesbrough TS4 3JN2
£145K10/220.54 mi10, Sidmouth Close, Middlesbrough TS8 9DN2
£55K04/230.56 mi32, Grassington Road, Middlesbrough TS4 3ET2
£175K02/240.57 mi17, Diomed Court, Marton In Cleveland, Middlesbrough TS7 8RB2
£133K02/210.65 mi6, Larkspur Road, Marton In Cleveland, Middlesbrough TS7 8RL2
£128K04/210.65 mi23, Larkspur Road, Marton In Cleveland, Middlesbrough TS7 8RL2
£189K05/210.67 mi2, Taunton Close, Middlesbrough TS8 9NR2
£72K07/230.67 mi57, Evesham Road, Middlesbrough TS3 7EN2
£118K11/200.68 mi7, Cremorne Close, Marton In Cleveland, Middlesbrough TS7 8RE2
£68K01/210.69 mi11, Downham Avenue, Middlesbrough TS3 7EY2
£150.5K11/230.72 mi50, Sunstar Grove, Marton In Cleveland, Middlesbrough TS7 8RP2
£138.8K08/230.72 mi52, Sunstar Grove, Marton In Cleveland, Middlesbrough TS7 8RP2
£152.5K06/230.73 mi38, Nimbus Close, Marton In Cleveland, Middlesbrough TS7 8SH2
£98K12/220.73 mi6, Brancepeth Avenue, Middlesbrough TS3 7NB2
£73K02/210.75 mi8, Beverley Road, Middlesbrough TS4 3LQ2
£115K03/230.76 mi32, Gainsborough Road, Marton In Cleveland, Middlesbrough TS7 8SB2
£115K03/230.76 mi32, Gainsborough Road, Marton In Cleveland, Middlesbrough TS7 8SB2
£87.5K10/210.78 mi13, Bramwith Avenue, Middlesbrough TS3 7HG2
£85K05/210.79 mi42, Columbine Close, Marton In Cleveland, Middlesbrough TS7 8SQ2
£79K11/220.79 mi22, Columbine Close, Marton In Cleveland, Middlesbrough TS7 8SQ2
£115K05/230.81 mi3, Kepwick Close, Middlesbrough TS5 7JN2
£76K09/220.82 mi95, Keith Road, Middlesbrough TS4 3AX2
£128K09/210.82 mi12, Jasmine Grove, Marton In Cleveland, Middlesbrough TS7 8SN2
£130K02/210.84 mi77, Campion Grove, Marton In Cleveland, Middlesbrough TS7 8SL2
£137.5K04/210.84 mi81, Campion Grove, Marton In Cleveland, Middlesbrough TS7 8SL2
£72.5K03/230.84 mi29, Overdale Road, Middlesbrough TS3 7DP2
£75K10/210.85 mi30, Rossett Walk, Middlesbrough TS3 7LS2
£158K02/210.85 mi3, West Side, Marton In Cleveland, Middlesbrough TS7 8BB2
£85K06/230.87 mi11, Brigham Road, Middlesbrough TS3 7DG2
£70K04/230.87 mi23, Skelwith Road, Middlesbrough TS3 7PT2
£94K07/210.87 mi107, Windleston Drive, Middlesbrough TS3 0BN2
£150K01/230.88 mi44, Cawood Drive, Middlesbrough TS5 7JP2
£80K10/200.88 mi1, Coppice Road, Middlesbrough TS4 2SP2
£100K09/230.88 mi40, Coppice Road, Middlesbrough TS4 2SP2
£220K11/230.9 mi5, The Grove, Marton In Cleveland, Middlesbrough TS7 8AB2
£220K11/230.9 mi5, The Grove, Marton In Cleveland, Middlesbrough TS7 8AB2
£170K05/230.91 mi25, Seamer Close, Middlesbrough TS5 7NN2
£152.5K05/220.92 mi11, Sunley Avenue, Middlesbrough TS4 2PR2
£149.9K04/220.92 mi9, Sunley Avenue, Middlesbrough TS4 2PR2
£120K07/210.94 mi4, Stanhope Gardens, Middlesbrough TS4 2QA2
£129.9K05/210.95 mi26, Rievaulx Drive, Middlesbrough TS5 7LY2
£155K12/230.95 mi6, Speeton Avenue, Middlesbrough TS5 7HY2
£83K07/210.97 mi8, Kelsall Close, Middlesbrough TS3 0DH2

Local Rents

22 rents from £575/mo to £825/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£70003/250.13 mi-2
£79009/230.27 mi-2
£79911/230.33 mi-2
£69509/240.43 mi-2
£67508/240.54 mi-2
£75002/240.57 mi-2
£79511/230.57 mi-2
£80506/240.57 mi-2
£57502/240.76 mi-2
£77510/240.78 miThe Grove, Marton2
£80010/240.78 miThe Grove, Marton2
£80010/240.78 miThe Pines, The Grove, Marton2
£75010/240.8 miCalluna Grove, Middlesbrough, Cleveland, TS72
£82510/240.82 mi-2
£75001/250.88 mi-2
£65005/240.96 mi-2
£75001/251 mi-2
£69507/241 mi-2
£60505/241.06 mi-2
£65010/241.07 miMayfair Avenue, MIDDLESBROUGH2
£57510/241.12 miMarton Road, Middlesbrough2
£65001/251.18 mi-2

Local Area Statistics

Population in TS4

16,950

Population in Middlesbrough

189,245

Town centre distance

1.11 miles away

Nearest school

0.30 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+47%

Sales demand

Seller's market

Capital growth (5yrs)

-3%

Property History

Listed for £80,000

January 30, 2025

Description

IMPORTANT CONSIDERATION: The current owner is looking to rent the property after the sale, making this an investment ONLY opportunity for buyers seeking a tenant-in-place arrangement. Projected Yield 9.8%
This lovely presented two-bedroom semi-detached home with loft space has been lovingly maintained by its long-standing owner and is situated in a quiet and desirable location. The property boasts living room, kitchen/diner, two double bedrooms, family bathroom and a generous rear garden. Offering a peaceful lifestyle while being conveniently located. Please note the loft space is presently used as a bedroom (no building regulations)

Don’t miss this chance to secure a well-maintained home with a ready-made rental opportunity! Call us now to arrange your viewing on

General Information

The information provided on this website and in our marketing materials is intended for general guidance only. While we strive to ensure the accuracy and reliability of the content, Ashbrookes ltd makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the properties listed.

Property Details
All property details, including but not limited to dimensions, floor plans, and photographs, are provided by the sellers, landlords, or third-party sources and have not been verified by Ashbrookes Ltd.
Prospective buyers or tenants should not rely solely on these details and should conduct their own due diligence.
Properties may be subject to changes or withdrawal without prior notice.

Viewing and Inspections
Viewings and inspections are subject to prior arrangement and availability.
Ashbrookes Ltd does not accept any responsibility for any errors or omissions or any loss or damage resulting from reliance on the property descriptions.

Legal and Financial Advice
Ashbrookes Ltd does not offer legal or financial advice. Buyers and tenants are encouraged to seek professional advice before making any decisions related to property transactions.
Information regarding the financial performance of investment properties is illustrative and should not be construed as a guarantee of future performance.

Third-Party Links
This website may contain links to third-party websites. Ashbrookes Ltd does not endorse or assume responsibility for the content or practices of any third-party websites.

Liability
Ashbookes Ltd, its employees, and agents shall not be liable for any direct, indirect, or consequential loss or damage arising from the use of this website or reliance on its content.

Amendments
Ashbrookes Ltd reserves the right to amend this disclaimer at any time without notice.
By using this website or engaging in any property transactions through Ashbrookes Ltd, you acknowledge and agree to this disclaimer.

Contact Us: For any questions or concerns regarding this disclaimer or our services.

Agent Details

Ashbrookes Limited, Middlesbrough

01642 056242

Next Steps?

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