3 Bed Semi-Detached House, Refurb/BRRR, Stockton-on-Tees, TS17 8HS, £179,950

32 TRENT AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 8HS - 3 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£64K - £165K
Sold Prices/m²£762/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£126,609

 

 

End Value (After Refurb)

£138,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£44,988

Stamp Duty & Legal Fees

£6,599

Refurb Costs

£36,849

Bridging Loan Interest

£4,724

Total Cash In

£94,909

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£138,000

Mortgage (After Refinance)

£103,500

Mortgage LTV

75%

Cash Left In

£94,909

Equity

£34,500

Rent Range

£625 - £900

Rent Estimate

£750

Running Costs/mo

£601

Cashflow/mo

£149

Cashflow/yr

£1,785

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £64K to £165K, average is £115.5K. £762/m² to £2.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£138K03/230.02 mi19, Thames Avenue, Thornaby, Stockton-on-tees TS17 8HP3
£94K04/210.03 mi5, Trent Avenue, Thornaby, Stockton-on-tees TS17 8HS3
£102K06/210.04 mi20, Tweed Avenue, Thornaby, Stockton-on-tees TS17 8HU3
£123K11/200.05 mi15, Swale Avenue, Thornaby, Stockton-on-tees TS17 8HR3
£94.5K11/200.07 mi24, Humber Road, Thornaby, Stockton-on-tees TS17 8JB3
£97K05/210.07 mi128, Thorntree Road, Thornaby, Stockton-on-tees TS17 8LX3
£125K07/230.09 mi83, Thorntree Road, Thornaby, Stockton-on-tees TS17 8LY3
£125K01/230.1 mi10, Avon Close, Thornaby, Stockton-on-tees TS17 8JE3
£135K03/240.1 mi26, Clarendon Road, Thornaby, Stockton-on-tees TS17 8JJ3
£75K04/210.11 mi13, Maple Avenue, Thornaby, Stockton-on-tees TS17 8NG3
£147.5K10/210.11 mi13, Clarendon Road, Thornaby, Stockton-on-tees TS17 8JQ3
£120K03/230.12 mi4, Clarendon Road, Thornaby, Stockton-on-tees TS17 8JQ3
£70K02/240.12 mi36, Briar Road, Thornaby, Stockton-on-tees TS17 8NN3
£138K04/210.14 mi190, Thorntree Road, Thornaby, Stockton-on-tees TS17 8HL3
£69K11/210.15 mi71, Redcar Road, Thornaby, Stockton-on-tees TS17 8LW3
£67K04/210.15 mi87, Redcar Road, Thornaby, Stockton-on-tees TS17 8LW3
£116K08/230.17 mi16, Fordy Grove, Thornaby, Stockton-on-tees TS17 8LH3
£115K10/230.18 mi99, Clarendon Road, Thornaby, Stockton-on-tees TS17 8JN3
£114K11/230.21 mi11, Pacific Drive, Thornaby, Stockton-on-tees TS17 8GS3
£93K05/210.23 mi10, The Crescent, Thornaby, Stockton-on-tees TS17 8BD3
£140K05/210.23 mi198, Thorntree Road, Thornaby, Stockton-on-tees TS17 8JP3
£106.5K09/230.24 mi5, Lingdale Road, Thornaby, Stockton-on-tees TS17 9DA3
£90K03/230.24 mi3, Raisdale Close, Thornaby, Stockton-on-tees TS17 9BY3
£92.5K07/210.25 mi18, Hawthorn Avenue, Thornaby, Stockton-on-tees TS17 8NE3
£110K03/230.26 mi4, Stannage Grove, Thornaby, Stockton-on-tees TS17 8LF3
£122K03/230.31 mi43, Millbank Lane, Thornaby, Stockton-on-tees TS17 8JT3
£110K06/230.31 mi67, Millbank Lane, Thornaby, Stockton-on-tees TS17 8JT3
£165K10/230.31 mi16, Richmond Place, Thornaby, Stockton-on-tees TS17 9EJ3
£134K05/230.31 mi34, Richmond Place, Thornaby, Stockton-on-tees TS17 9EJ3
£105K12/200.32 mi8, Lismore Gardens, Thornaby, Stockton-on-tees TS17 8GP3
£103K03/210.32 mi1, Lismore Gardens, Thornaby, Stockton-on-tees TS17 8GP3
£135K05/210.33 mi452, Thornaby Road, Thornaby, Stockton-on-tees TS17 8QH3
£135K02/210.34 mi303, Thornaby Road, Thornaby, Stockton-on-tees TS17 8PH3
£143.3K03/230.35 mi14, Shetland Avenue, Thornaby, Stockton-on-tees TS17 8GB3
£102K03/210.35 mi10, Vale Drive, Thornaby, Stockton-on-tees TS17 8HA3
£105K05/230.35 mi7, Field Close, Thornaby, Stockton-on-tees TS17 8EZ3
£140K07/230.37 mi19, Easdale Court, Thornaby, Stockton-on-tees TS17 9BW3
£85K08/230.37 mi33, Gilpin Road, Thornaby, Stockton-on-tees TS17 8PF3
£105K05/230.37 mi23, Bracknell Road, Thornaby, Stockton-on-tees TS17 9AU3
£135K06/230.37 mi7, Rona Gardens, Thornaby, Stockton-on-tees TS17 8GN3
£132.5K01/230.37 mi15, Rona Gardens, Thornaby, Stockton-on-tees TS17 8GN3
£100K02/210.38 mi40, Bracknell Road, Thornaby, Stockton-on-tees TS17 9AU3
£125K01/210.38 mi121, Mitchell Avenue, Thornaby, Stockton-on-tees TS17 9DN3
£136.5K05/230.38 mi121, Mitchell Avenue, Thornaby, Stockton-on-tees TS17 9DN3
£137K11/210.38 mi38, Wensleydale Gardens, Thornaby, Stockton-on-tees TS17 9BP3
£130.5K02/210.38 mi54, Wensleydale Gardens, Thornaby, Stockton-on-tees TS17 9BP3
£127K04/210.38 mi32, Wensleydale Gardens, Thornaby, Stockton-on-tees TS17 9BP3
£115K03/230.38 mi4, Wensleydale Gardens, Thornaby, Stockton-on-tees TS17 9BP3
£165K04/230.38 mi5, The Woodlands, Thornaby, Stockton-on-tees TS17 8QJ3
£64K01/210.39 mi19, Thorntree Road, Thornaby, Stockton-on-tees TS17 8AW3

Local Rents

22 rents from £625/mo to £900/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£62510/240.22 miBriar Road,Thornaby,TS17 8NF3
£85004/250.24 mi-3
£77004/250.26 mi-3
£90007/240.29 mi-3
£69510/240.32 mi-3
£75010/240.32 miRichmond Place, Thornaby3
£79510/240.32 miRichmond Place, Thornaby3
£79510/240.37 miLindisfarne Avenue, Stockton-On-Tees3
£90004/250.38 mi-3
£85010/240.39 miLindisfarne Avenue, Thornaby, STOCKTON-ON-TEES3
£69510/240.39 mi-3
£80009/230.42 mi-3
£79503/240.42 mi-3
£78010/240.44 mi71 Mitchell Avenue, Thornaby, TS17 9DH3
£65010/240.45 miLansdowne Road, Stockton-On-Tees3
£88510/240.51 mi-3
£65010/240.54 miFalkirk Street, Thornaby3
£63609/240.55 mi-3
£65004/250.56 mi-3
£65004/250.58 mi-3
£69510/240.61 miSt. Pauls Road, TS173
£78004/250.62 mi-3

Local Area Statistics

Population in TS17

44,647

Population in Stockton-on-Tees

149,709

Town centre distance

2.31 miles away

Nearest school

0.20 miles away

Nearest train station

1.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £179,950

February 2, 2025

Floor Plans

Description

  • Beautiful Built Semi Detached House +
  • 32ft Lounge/Diner +
  • Three True Double Bedrooms +
  • It's Been the Subject of a Meticulous, Top-to-Toe Program of Renovations Over the Years +
  • 20ft Integrated Garage & Block Paved Driveway +
  • Family Bathroom with a Fabulous Modern Three-Piece Suite +
  • UPVC Double Glazed Windows & Gas Central Heating with Combi Boiler +

We think you're going to love this beautiful large built semi-detached house that has been the subject of a meticulous, 'top-to-toe' program of renovations and improvements in recent years. The end result is an extremely stylish, creative, well organised family size home with an incredibly welcoming and well finished feel to it.

Very briefly, the accommodation comprises spacious entrance hall, cloak room W/C, lounge/diner, kitchen with a range of modern units and integrated access into the garage on the ground floor. The first floor has three true large double bedrooms, bathroom with modern suite and separate W/C. The loft has been fully board loft offering great storage with access via metal drop down ladder. There is smart front and rear gardens to the property.

The property was renovated in 2021 with updated work such as a rewire, update plumbing, cavity wall insulation and kitchen and bathroom update.
Numerous other features and attractions include, UPVC double glazed windows. CCTV security system, gas central heating and off street parking on the driveway.

Tenure: Freehold

Council Tax Band: B

Agent Details

Michael Poole, Ingleby Barwick

01642 056949

Next Steps?

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