8 Bed HMO, Middlesbrough, TS1 3BP, £270,000
88 Woodlands Road, Middlesbrough - 13 views - 2 months ago
HMO
ROI: 14%
118 m²





ValuationOvervalued
Sold Prices | £60K - £306K |
Sold Prices/m² | £612/m² - £2K/m² |
| |
Square Metres | 118 m² |
Price/m² | £2.3K/m² |
Value Estimate | £160,000 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £67,500 |
Stamp Duty & Legal Fees | £11,900 |
Total Cash In | £79,400 |
| |
Cash Out | |
Room Rate | £425 |
Gross Rent | £3,400 |
Running Costs/mo | £2,376 |
Cashflow/mo | £1,024 |
Cashflow/yr | £12,287 |
ROI | 15% |
Gross Yield | 15% |
Local Sold Prices
36 sold prices from £60K to £306K, average is £140K. £612/m² to £2K/m², average is £1.4K/m².
Local Area Statistics
Population in TS1 | 16,984 |
Population in Middlesbrough | 189,245 |
Town centre distance | 2.01 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.77 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +8% |
Sales demand | Seller's market |
Capital growth (5yrs) | +32% |
Property History
Price changed to £270,000
March 8, 2025
Listed for £290,000
February 6, 2025
Floor Plans

Description
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