4 Bed Detached House, Refurb/BRRR, Middlesbrough, TS8 0UU, £350,000

Applegarth, Coulby Newham, TS8 0UU - 2 views - 2 months ago

Refurb/BRRR
~200 m²
+16 photos

ValuationUndervalued

Sold Prices£117.5K - £385K
Sold Prices/m²£878/m² - £2.8K/m²

 

 

Square Metres

~200 m²
Price/m²£1.8K/m²

Value Estimate

£360,500
BMV3%

 

 

End Value (After Refurb)

£394,665

Uplift in Value

+13%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Refurb Costs

£78,919

Bridging Loan Interest

£9,188

Total Cash In

£203,556

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£394,665

Mortgage (After Refinance)

£295,999

Mortgage LTV

75%

Cash Released

£33,499

Cash Left In

£170,057

Equity

£98,666

Rent Range

£410 - £1,995

Rent Estimate

£816

Running Costs/mo

£1,417

Cashflow/mo

£-601

Cashflow/yr

£-7,206

Gross Yield

3%

Local Sold Prices

50 sold prices from £117.5K to £385K, average is £235K. £878/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£206.3K04/210 mi16, Applegarth, Coulby Newham, Middlesbrough TS8 0UU4
£250K06/210.09 mi56, Applegarth, Coulby Newham, Middlesbrough TS8 0UY4
£225K03/210.16 mi21, Fernwood, Coulby Newham, Middlesbrough TS8 0US4
£232K10/230.19 mi20, Southwood, Coulby Newham, Middlesbrough TS8 0UE4
£205K02/210.19 mi47, Southwood, Coulby Newham, Middlesbrough TS8 0UE4
£187.2K03/230.24 mi44, The Covert, Coulby Newham, Middlesbrough TS8 0WN4
£225K04/210.24 mi65, The Covert, Coulby Newham, Middlesbrough TS8 0WN4
£195K12/230.24 mi9, The Covert, Coulby Newham, Middlesbrough TS8 0WN4
£220K08/210.24 mi32, The Covert, Coulby Newham, Middlesbrough TS8 0WN4
£222K05/230.24 mi4, The Covert, Coulby Newham, Middlesbrough TS8 0WN4
£210K12/200.24 mi26, Ash Green, Coulby Newham, Middlesbrough TS8 0UW4
£239K11/200.26 mi99, Beechfield, Coulby Newham, Middlesbrough TS8 0UN4
£250K06/210.26 mi109, Beechfield, Coulby Newham, Middlesbrough TS8 0UN4
£240K12/220.27 mi50, Ash Green, Coulby Newham, Middlesbrough TS8 0UP4
£210K12/220.28 mi43, The Covert, Coulby Newham, Middlesbrough TS8 0WN4
£190.3K11/210.3 mi16, Swallowfields, Coulby Newham, Middlesbrough TS8 0UH4
£210K08/230.31 mi11, Woodrush, Coulby Newham, Middlesbrough TS8 0XB4
£235K10/200.34 mi48, Blackthorn, Coulby Newham, Middlesbrough TS8 0XD4
£140K08/210.35 mi50, Lingfield Ash, Coulby Newham, Middlesbrough TS8 0ST4
£245K09/230.41 mi62, The Birches, Coulby Newham, Middlesbrough TS8 0UB4
£195K07/210.42 mi20, Woodlea, Coulby Newham, Middlesbrough TS8 0TX4
£235K06/210.45 mi18, Foxgloves, Coulby Newham, Middlesbrough TS8 0XA4
£235K10/210.45 mi20, Foxgloves, Coulby Newham, Middlesbrough TS8 0XA4
£235K12/200.45 mi34, Foxgloves, Coulby Newham, Middlesbrough TS8 0XA4
£330K11/230.45 mi33, Foxgloves, Coulby Newham, Middlesbrough TS8 0XA4
£335K08/230.45 mi21, Foxgloves, Coulby Newham, Middlesbrough TS8 0XA4
£255K04/230.45 mi32, Foxgloves, Coulby Newham, Middlesbrough TS8 0XA4
£256K11/230.45 mi48, Chervil, Coulby Newham, Middlesbrough TS8 0GB4
£260K08/210.47 mi1, Comfrey, Coulby Newham, Middlesbrough TS8 0XT4
£205K11/220.55 mi37, Barberry, Coulby Newham, Middlesbrough TS8 0XG4
£232K10/230.57 mi24, The Pastures, Coulby Newham, Middlesbrough TS8 0UJ4
£245K09/230.57 mi19, The Pastures, Coulby Newham, Middlesbrough TS8 0UJ4
£370K01/240.6 mi31, Dewberry, Coulby Newham, Middlesbrough TS8 0XH4
£250K10/220.6 mi15, Dewberry, Coulby Newham, Middlesbrough TS8 0XH4
£182.5K05/210.63 mi2, Cranberry, Coulby Newham, Middlesbrough TS8 0XQ4
£295K11/220.65 mi42, The Pastures, Coulby Newham, Middlesbrough TS8 0UJ4
£315K09/230.66 mi85, The Pastures, Coulby Newham, Middlesbrough TS8 0UL4
£237K02/210.66 mi84, The Pastures, Coulby Newham, Middlesbrough TS8 0UL4
£210K03/210.66 mi80, The Pastures, Coulby Newham, Middlesbrough TS8 0UL4
£215K06/230.66 mi101, The Pastures, Coulby Newham, Middlesbrough TS8 0UL4
£305K10/220.67 mi97, The Pastures, Coulby Newham, Middlesbrough TS8 0UL4
£223K02/210.72 mi30, Harvington Chase, Coulby Newham, Middlesbrough TS8 0TR4
£117.5K01/210.76 mi92, Ash Hill, Coulby Newham, Middlesbrough TS8 0SY4
£385K01/210.85 mi59, Woodvale, Coulby Newham, Middlesbrough TS8 0SJ4
£360K03/210.87 mi6, The Barkery, Newby, Middlesbrough, North Yorkshire TS8 0AW4
£295K08/230.87 mi49, Coulby Manor Farm, Coulby Newham, Middlesbrough TS8 0RY4
£232K08/230.87 mi51, Coulby Manor Farm, Coulby Newham, Middlesbrough TS8 0RY4
£325K05/210.87 mi65, Woodvale, Coulby Newham, Middlesbrough TS8 0SJ4
£336K02/230.87 mi65, Woodvale, Coulby Newham, Middlesbrough TS8 0SJ4
£210K06/210.92 mi86, Coulby Manor Farm, Coulby Newham, Middlesbrough TS8 0RZ4

Local Rents

14 rents from £410/mo to £2K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£1,10002/240.43 mi-3
£1,80010/240.47 miHemlington Grange Way, Hemlington, MIDDLESBROUGH5
£75010/240.62 mi-3
£67510/240.82 mi-3
£67510/240.82 miBurghley Court, Hemlington, Middlesbrough, TS83
£65010/240.85 mi-3
£41001/250.93 mi-3
£41002/250.93 mi-3
£41004/250.93 mi-3
£1,99510/240.99 miChesterfield Drive, Marton-in-Cleveland5
£85002/251.05 mi-3
£49902/241.08 mi-3
£49910/241.08 mi-3
£70010/241.1 miFaygate Court, Hemlington, Middlesbrough3

Local Area Statistics

Population in TS8

21,266

Population in Middlesbrough

189,245

Town centre distance

2.74 miles away

Nearest school

0.10 miles away

Nearest train station

2.02 miles away

 

 

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Price changed to £350,000

March 24, 2025

Listed for £370,000

February 6, 2025

Floor Plans

Description

  • Light-filled, airy spaces – an ideal forever family home. +
  • No onward chain – move straight in with the potential to personalise. +
  • Double garage with electric roller doors and solar panels for efficiency. +
  • Luxurious en-suite bathroom and beautifully appointed interiors. +
  • Expansive open-plan living with a high-specification modern finish. +
  • Stylish and contemporary detached home in a tranquil cul-de-sac. +

About this property… Tucked away in a peaceful cul-de-sac, this exceptional four-bedroom detached residence seamlessly blends character and charm with contemporary elegance. Immaculately presented, the home features a spacious, light-filled open-plan living area, a high-specification modern interior, and a luxurious en-suite bathroom. While the bedrooms offer an opportunity for tasteful modernisation, the rest of the home is finished to an outstanding standard, allowing for immediate comfort. Additional highlights include a double garage with electric roller doors, energy-efficient solar panels, and the added advantage of no onward chain. A rare opportunity to acquire a unique and beautifully maintained forever home with scope to personalise and enhance. Entrance Porch Composite entry door and tiled flooring. Entrance Hallway French-style entry doors, tiled flooring and stairs leading to the first floor with storage beneath. Ground floor WC Contemporary-style white suite comprising: wall-mounted wash hand basin incorporating storage beneath with a mixer tap; and close coupled WC with concealed cistern and button flush. Open-plan Kitchen diner Welcome to this stunning modern kitchen! It’s truly a chef’s dream with sleek floor-to-ceiling fitted cabinets and a stylish kitchen island topped with quartz. You’ll love the cosy breakfast bar for two and the convenience of hidden pop-up power outlets. The kitchen is equipped with top-of-the-line appliances, including an integrated fridge and freezer, a dishwasher, a double electric oven, and an induction hob with a chic ceiling-mounted extractor hood. An under-mount stainless steel sink with a rinse bowl adds to its functionality. There’s also plenty of room for a dining table and extra seating. The space flows perfectly with two patio doors to the conservatory and a bi-folding door into the additional lounge area! Utility Room Consisting of base and wall units, a stainless steel sink, and plumbing for a washing machine. Access to the double garage. Lounge A sleek stone fire surround with an electric fire inset and front aspect double-glazed bay window. First floor Bedroom one Built-in storage and fitted wardrobes and front aspect PVCu double-glazed window. En-suite shower room Contemporary-style white suite comprising: wall-mounted wash hand basin incorporating storage beneath with mixer tap, fully tiled shower enclosure with a wall-mounted mains/electric shower; and close coupled wall-mounted WC with concealed cistern and button flush. Matt-black heated towel rail. Wall-mounted mirror-fronted cabinet. Bedroom two Built-in storage and fitted wardrobes and front aspect PVCu double-glazed window. En-suite bathroom Fully tiled contemporary-style white suite comprising: wall-mounted wash hand basin incorporating storage beneath with mixer tap, fully tiled shower enclosure with a wall-mounted mains shower; panelled bath with a mixer tap and wall-mounted mains/electric shower and handheld attachment and close coupled WC with concealed cistern and button flush. Chrome heated towel rail. Additional room from the en-suite It is currently used as a workout area with space for a treadmill, but it could easily become a walk-in wardrobe/dressing area. Bedroom three – currently used as a home office Rear aspect PVCu double-glazed window. Bedroom four Mirror-front wardrobes and rear aspect PVCu double-glazed window. Family shower room Fully tiled modern white suite with walk-in shower enclosure with aa wall-mounted mains shower with a waterfall head and handheld attachment, wall-mounted hand wash basin with a mixer tap, and wall-mounted WC with a concealed cistern and button flush. charcoal heated towel rail, floor-to-ceiling cabinet, and a wall-mounted mirror cabinet. Externally Parking The front garden is predominantly paved providing off-street parking. enclosed by walls  Double integral garage Two single electric roller entry doors with light and power supply personnel door leading to the rear garden. A door leads to the utility room. Garden This vibrant area features charming patio spaces and beautiful flower beds, complete with a delightful pond and greenhouse, highlighting an amazing array of plants, shrubs, and trees! Enclosed by both fence boundaries with a side gate at either side of the property to entry to the front garden. General information Local authority: Middlesbrough Council tax band: F 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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