3 Bed Terraced House, Single Let, Middlesbrough, TS6 9RP, £69,950

Tenby Close, Middlesbrough, TS6 9RP - 3 months ago

Sold STC
BTL
ROI: 14%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£46.4K - £185K
Sold Prices/m²£451/m² - £2.5K/m²

 

 

Square Metres

~93 m²
Price/m²£752/m²

Value Estimate

£86,039
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,488

Stamp Duty & Legal Fees

£4,698

Total Cash In

£22,185

 

 

Cash Out

 

Rent Range

£600 - £875

Rent Estimate

£613

Running Costs/mo

£361

Cashflow/mo

£252

Cashflow/yr

£3,022

ROI

14%

Gross Yield

11%

Local Sold Prices

50 sold prices from £46.4K to £185K, average is £85K. £451/m² to £2.5K/m², average is £959/m².

PriceDateDistanceAddressBeds 
£66K11/230.08 mi52, Harlech Close, Middlesbrough, Redcar And Cleveland TS6 9SZ3
£78K12/200.09 mi4, Churchill Road, Middlesbrough, Redcar And Cleveland TS6 9PP3
£76K10/210.1 mi20, Myrddin Baker Road, Middlesbrough, Redcar And Cleveland TS6 9SX3
£125K11/230.11 mi2, Churchill Road, Middlesbrough, Redcar And Cleveland TS6 9PP3
£75K12/200.12 mi10, Mosedale Road, Middlesbrough, Redcar And Cleveland TS6 7RH3
£69K12/200.14 mi37, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RB3
£65K04/210.14 mi67, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RB3
£108K01/240.14 mi287, Fabian Road, Middlesbrough, Redcar And Cleveland TS6 7RL3
£85K11/210.16 mi143, Fabian Road, Middlesbrough, Redcar And Cleveland TS6 9RH3
£57K10/230.16 mi32, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RE3
£158K11/200.16 mi19, Whitby Avenue, Middlesbrough, Redcar And Cleveland TS6 9NH3
£70K11/200.18 mi39, Attlee Road, Middlesbrough, Redcar And Cleveland TS6 7NA3
£85K01/230.18 mi16, Langdale Crescent, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7RE3
£85K04/230.19 mi3, Cardigan Close, Middlesbrough, Redcar And Cleveland TS6 9SP3
£58K10/230.22 mi79, Tennyson Avenue, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7ND3
£132K10/230.22 mi56, Churchill Road, Middlesbrough, Redcar And Cleveland TS6 9PW3
£95K08/210.22 mi43, Nightingale Road, Middlesbrough, Redcar And Cleveland TS6 9PY3
£145K12/230.23 mi60, Bath Road, Middlesbrough, Redcar And Cleveland TS6 9PG3
£77.5K10/230.23 mi2, Deepgrove Walk, Middlesbrough, Redcar And Cleveland TS6 8AE3
£50K12/210.24 mi3, Caernarvon Close, Middlesbrough, Redcar And Cleveland TS6 9SG3
£76.5K10/230.25 mi7, Rudland Walk, Eston, Middlesbrough, Redcar And Cleveland TS6 8BH3
£50K03/240.25 mi4, Griffiths Road, Middlesbrough, Redcar And Cleveland TS6 7NB3
£75K05/230.25 mi10, Griffiths Road, Middlesbrough, Redcar And Cleveland TS6 7NB3
£185K04/210.26 mi107, Westminster Close, Middlesbrough, Redcar And Cleveland TS6 9NR3
£135K09/210.26 mi54, Westminster Close, Middlesbrough, Redcar And Cleveland TS6 9NR3
£145K12/200.26 mi82, Westminster Close, Middlesbrough, Redcar And Cleveland TS6 9NR3
£175K04/240.26 mi54, Westminster Close, Middlesbrough, Redcar And Cleveland TS6 9NR3
£130K09/210.27 mi36, Ripon Way, Eston, Middlesbrough, Redcar And Cleveland TS6 9ND3
£110K10/220.27 mi65, Sandsend Road, Middlesbrough, Redcar And Cleveland TS6 8AF3
£143K05/230.27 mi19, Ripon Way, Eston, Middlesbrough, Redcar And Cleveland TS6 9NE3
£107K05/210.28 mi6, Glastonbury Avenue, Middlesbrough TS6 9PB3
£46.4K06/210.29 mi51, Grosmont Road, Middlesbrough, Redcar And Cleveland TS6 8HN3
£75K06/230.29 mi57, Grosmont Road, Middlesbrough, Redcar And Cleveland TS6 8HN3
£85K07/230.29 mi51, Grosmont Road, Middlesbrough, Redcar And Cleveland TS6 8HN3
£135K07/230.29 mi61, Durham Road, Middlesbrough, Redcar And Cleveland TS6 9NA3
£65K03/210.29 mi6, Danby Road, Middlesbrough, Redcar And Cleveland TS6 8AX3
£75K06/210.3 mi47, Tennyson Avenue, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7NE3
£80.5K02/240.3 mi66, Tennyson Avenue, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7NE3
£160K10/200.3 mi21, Bath Road, Middlesbrough, Redcar And Cleveland TS6 9PH3
£98.8K10/210.3 mi11, Tawney Close, Middlesbrough, Redcar And Cleveland TS6 9RE3
£129.9K03/210.3 mi16, Tawney Close, Middlesbrough, Redcar And Cleveland TS6 9RE3
£145K05/230.31 mi92, Church Lane, Eston, Middlesbrough, Redcar And Cleveland TS6 9QR3
£100K04/210.31 mi119, Church Lane, Eston, Middlesbrough, Redcar And Cleveland TS6 9QT3
£57K12/210.32 mi18, Cheddar Close, Middlesbrough, Redcar And Cleveland TS6 9SE3
£142K10/230.32 mi82, Churchill Road, Middlesbrough, Redcar And Cleveland TS6 9PJ3
£75K08/210.32 mi5, Regent Court, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QX3
£75K08/210.32 mi5, Regent Court, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QX3
£112K12/200.33 mi20, Carlyle Road, Middlesbrough, Redcar And Cleveland TS6 9AU3
£85K01/210.33 mi11, Flora Street, Middlesbrough, Redcar And Cleveland TS6 9QP3
£63.5K01/210.33 mi19, Arundel Road, Grangetown, Middlesbrough, Redcar And Cleveland TS6 7QZ3

Local Rents

23 rents from £600/mo to £875/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£62510/240.15 miLangdale Crescent, Eston3
£65011/230.24 mi-3
£70010/230.26 mi-3
£70009/240.29 mi-3
£82002/240.31 mi-3
£82010/240.31 mi-3
£82010/240.31 mi-3
£85010/240.32 mi-3
£65010/240.33 miArundel Road, Grangetown, TS6 7QZ3
£75001/250.34 mi-3
£65002/240.35 mi-3
£65006/240.35 mi-3
£60009/240.35 mi-3
£65010/240.35 miRydal Avenue, Grangetown, Middlesbrough, TS63
£77510/240.36 miWilton Way, Middlesbrough3
£65004/250.37 mi-3
£65009/230.4 mi-3
£63009/230.4 mi-3
£63010/240.4 mi-3
£75003/250.4 mi-3
£87501/250.42 mi-3
£62503/250.5 mi-3
£65010/240.62 miGrange Farm Road, Grangetown, Middlesbrough, TS63

Local Area Statistics

Population in TS6

30,239

Population in Middlesbrough

189,245

Town centre distance

2.14 miles away

Nearest school

0.20 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £69,950

January 30, 2025

Floor Plans

Description

  • Three Bedrooms +
  • Good Sized Kitchen +
  • Gardens Front & Rear +
  • Open Plan Lounge/Diner +
  • Downstairs WC +
  • Great Investment Opportunity +

A chain free sale! This three bedroom property would appeal to both a first time buyer or investor looking for a buy to let.

Tenure - Freehold

Council Tax Band A

Agent Details

Michael Poole, Eston

01642 548152

Next Steps?

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